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debt

4 statements across 4 episodes · 2 bullish · 1 bearish · 4 people on the record · first statement Apr 9, 2021 by Sam Parr · across every show →

Everything said about debt, oldest first

Apr 9, 2021 positive
Disclosure
Parr: Carrying zero debt or leverage is silly despite doing so personally
“I personally have zero debt in my life and I've never really had debt. And I actually think though, that not having debt or not having some type of leverage is silly.”
Sam Parr Apr 9, 2021 ▶ 24:50 MFM #169: How One Man Has Built 5, Billion Dollar Companies
Dec 7, 2021 bullish
Insight
Shaan Puri: You can build a $10M–$20M business rolling up niche platform apps
“There are little apps that just make 50,000 dollars, a 100,000 dollars, 50,000 dollars a month. And you can go and you can buy these out and you can roll them up and you can have a company that does 10 to twenty million dollars of revenue profitably. And you c…”
Shaan Puri Dec 7, 2021 ▶ 36:48 How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, QVC for Mobile, and More
Jun 1, 2022 negative
Insight
Sonnenfeldt: Wealth preservers should carry as little debt as possible
“If you want to be here for the long term and preserve wealth, I would argue you want as little debt as possible.”
Michael Sonnenfeldt Jun 1, 2022 ▶ 47:12 Behind The Scenes Of The Billionaires' Mastermind (TIGER 21) | Michael Sonnenfeldt Interview
Aug 15, 2024
Disclosure
Hormozi: Never uses LPs or debt to fund deal acquisitions
“Like I don't have any experience with LPs. I've always done my own money. I don't use debt.”
Alex Hormozi Aug 15, 2024 ▶ 54:12 I Lost Everything Twice… Then Made $26M In 18 Months
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