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265,868 Views ⢠Apr 27, 2024 ⢠Click to toggle off description
Want to START a business? Go here: skool.com/games
If youâre new to my channel, my name is Alex Hormozi. Iâm the founder and managing partner of Acquisition.com. Itâs a family office, which is just a formal way of saying we invest our own money into companies. Our 10 portfolio companies bring in over $200,000,000+ per year. Our ownership stake varies between 20% and 100% of them. Given this is a YT channel, and anyone can claim anything, Iâll give you some stuff you can google to verify below.
How I got hereâŚ
21: Graduated Vanderbitl in 3 years Magna Cum Laude, and took a fancy consulting job.
23 yrs old: Left my fancy consulting job to start a business (a gym).
24 yrs old: Opened 5 gym locations.
26 yrs old: Closed down 6th gym. Lost everything.
26 yrs old: Got back to launching gyms (launched 33). Then, lost everything for a 2nd time.
26 yrs old: In desperation, started licensing model as a hail mary. It worked.
27 yrs old: "Gym Launch" does $3M profit the next 6 months. Then $17M profit next 12 months.
28 yrs old: Started Prestige Labs. $20M the first year.
29 yrs old: Launched ALAN, a software company for agencies to work leads for customers. Scaled to $1.7mmo within 6 months.
31 yrs old: Sold 75% of UseAlan to a strategic buyer in an all stock deal.
31 yrs old: Sold 66% of Gym Launch & Prestige Labs at $46.2M valuation in all-cash deal to American Pacific Group. (you can google it)
31 yrs old: Started our family office Acquisition.com. We invest and scale companies using the $42M in distributions we had taken + the cash from the $46.2M exit.
32 yrs old: Started making free content showing how we grow companies to make real business education accessible to everyone (and) to attract business owners to invest or scale their businesses.
34 yrs old: I became co-owner of Skool.com/ to help the many people who want to start a business online do so.
Today: Our portfolio now does $200M/yr between 10 companies. The largest doing $100M/yr the smallest doing $5M per year. Our ownership varies between 20% and 100% ownership of the companies. Many of them we invested in early and helped grow (which is how we make our money - not youtube videos).
To all the gladiators in the arena, weâre all in the middle of writing our own stories. The worse the monsters, the more epic the story.
You either get an epic outcome or an epic story. Both mean you win.
Keep crushing. May your desires be greater than your obstacles.
Never quit,
Alex
FULL DISCLOSURE
I make content to make money - just - on a longer time horizon than most. I want to build trust with business owners so we can find the best ones and help them scale. And if theyâre awesome, write them a check and go all the way as partners.
Views : 265,868
Genre: Education
Date of upload: Apr 27, 2024 ^^
Rating : 4.978 (63/11,232 LTDR)
RYD date created : 2024-05-14T23:04:59.257059Z
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YouTube Comments - 686 Comments
Top Comments of this video!! :3
You were sitting in your wardrobe without a window when I found you. The videos were bad quality and unedited. Those were the best videos, pure education, no adhd edits, explaining business stuff. I like this direction.
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âPeople need to be reminded more than they need to be taughtâ⌠gold
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I am a prime example of what he was saying. I have a company doing more than 1 million in EBITDA. And I only watch his educational content like this. I was just like the guy that said he stopped watching his content cause it wasnât resonating as much anymore.
I was watching way more of his wifeâs content because of it. But I can feel even her content pushing towards the entertainment a little more which I have noticed I have been watching less of hers lately as well even though the substance is always good!
In general I donât have time to sit down and just be entertained. If Iâm going to watch a 10-50 minute video I need to learn something. Even if I donât ever become one of his partners I have bought all his books and have paid 10k for my partner and I to go to his in person work shop because of his content like this!
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Fuck yes. Iâm in the same boat as your friend, I just found myself not watching it as much. The second you started educating 100% I immediately started watching again. (All the recent videos)
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I'd also drifted off from watching your stuff. Came back after seeing you drop several long form educational content and watched this video after some time. Happy with these choices, I will also be watching the rest. I am a business owner btw.
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âIf you push it, it will moveââIsaac Newton
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The comments focusing on whether there's an audience there in the room with Alex are focusing on the wrong thing. WE are his audience regardless. Brilliant and beautiful presentation of so much work!
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I've been following you for 2 years and I felt the same, that the content was starting to drop in quality. But this news is one of the top 5 best news of the year. Thank you
157 |
I also tuned out about 6 months ago, but came back 2 - 4 weeks ago. Love this style of content!
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This is the sort of advice youâd pay to learn about. Unbelievably valuable if youâre a content creator.
13 |
Content marketing is way more powerful than paid ads
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Im glad you are doubling down on business educational content. Your business content is awesome.
19 |
Your generosity is incredible. Thank you.
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Thank you Alex and Leila - Love the content you both have been putting out lately
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You and Leila are literally changing the course of my life with the content you create. Iâm part of the audience who really values the education stuff and I implement it and I see how my business changes positively. Thank you so much Alex
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I've been making content for 1.5 years and was slowly recognising these trends subconsciously. You speaking about them so clearly and systematically helped me confirm my own hypothesis. Thank you, I learnt a lot from this.
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Absolutely love how you teach. It's clear, concise and to the point. So much value in just 1 video and actionable items. Love your humor and your jokes too. They literally make me LOL đ. And for the record you're handsome, which I am sure Leila tells you all the time, đ
5 |
Absolute gold as always. Basically have to pause every 30 seconds and take notes, please keep uploading you're making me richer đ
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Love this form of content! I am one of the educational crowd, and I've been following you and Layla for about six months, and get value out of all your videos. I'm in the very beginning stages of trying to create educational content for my clients, I'm an attorney, and I really appreciate anything. I learn that can save me time and money. Thank you.â¤
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@AlexHormozi
2 weeks ago
Business owners: I buy and scale companies. I make more free stuff to help you scale here: acquisition.com/training If you want to get started building your brand: skool.com/games
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