Hannah HammondFounder & CEO, HB Capital & The Firm RE · CEO of HB Capital | Helping CRE Developers & Investors Fund Deals Nationwide | Host of The Hannah Hammond Show

Say no to almost EVERYTHING.

Name: Say no to almost EVERYTHING.
Uploaded: 2026-06-05T20:21:51+00:00
Duration: 53 s
Channel: Hannah Hammond
Description: After losing and rebuilding his wealth, the speaker argues that $1 million in cash beats $10 million in illiquid assets, especially past your 20s. He…

5 Jun 2026 · 1 min

Watch on YouTube

0:53

After losing and rebuilding his wealth, the speaker argues that $1 million in cash beats $10 million in illiquid assets, especially past your 20s. He learned that saying no is reversible but yes commits you to a deal, so he refuses almost everything and finds better decisions as a result.

Chapters

How do you approach investing and everything that you do differently? What are the key lessons you learned from losing it all and rebuilding?
When you're living a life where you have to make a deal happen or get a deal done or raise the money for it, that is so stressful. And then you end up doing deals that aren't so good because you got to do a deal. So I'd rather have $1 million of cash in the bank than $10 million and no cash in the bank on my balance sheet. When you're 25 years old, maybe that's not the answer, 'cause it doesn't really matter anyways, 'cause you can make it all over 10 times again. But when you start getting in your 40s, in my opinion, and I'd even give this advice in your 30s, 'cause I wish I would've done it then, money in the bank is very important. And then I learned the valuable lesson of no is not final and yes is. And so instead of saying yes to everything, it was relieving to say no to almost everything.