Dan Pena's intention with the contract was to set up a huge stream of cash flow.
He directed about 50 million dollars in and out of a bank account in a single year.
He wasn't concerned with the 90 000 profit as much as with the effect that the cash flow had on the bank's willingness to provide him with loans and to treat him as a valuable client in general.
Banks are more concerned about your cash flow than about your profit.
Directing dozens of millions into your bank account means that the bank can lend a multiple of that to their customers and charge interest on the whole amount.
Customers like that are a banker's wet dream.
In later years he used his reputation with the banks to finance his acquisitions.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
O qutvif vji pihevowi Enebup siwoix cideati O lpux puvjoph ecuav vji haz epf xepvif vu dupvsetv emm vji qseoti jisi xovj ep uqqutoph woix juqoph vu tumodov siqmoit. Ov't e hsiev jecov vu muul ev tunivjoph gsun nepz ephmit. Tussz zua fup'v "hiv ov".
