10x Revenue with 1 New Sales Process... Here's How
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Published 2024-05-18
Want to START a business? Go here: skool.com/games
If you’re new to my channel, my name is Alex Hormozi. I’m the founder and managing partner of Acquisition.com. It’s 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, I’ll give you some stuff you can google to verify below.
How I got here…
21: Graduated Vanderbilt 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, we’re 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 they’re awesome, write them a check and go all the way as partners.
All Comments (21)
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Want to SCALE your business? Go here: acquisition.com/ Want to START a business? Go here: skool.com/games
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I LOVE this kind of videos with graphs and charts, raw, no gfx.
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"i just wrote down the new sales process... took me 4 hours" Alex level of mastery in business is so high that even if he will share everything no one can match his ability in either teaching business nor implementing what he's preaching.
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Alex is such a comedian, that's the perfect mix of education and comedy, it was funny as hell towards the end
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Love how Alex used secret shopper techniques and focused on understanding what customers really want! 💡 The idea of tying sales to customer outcomes is brilliant! Thanks for sharing such valuable tips, Alex! 🙏
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I hope he never takes this down so I can keep coming back to this timeless content
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Thank you Mr. Hormozi. Your generosity is appreciated.
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Alex, this is your best type of content. You share so much valuable information in the macro and sprinkle in so many micro tidbits along the way… so helpful. Thank you
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Alex has been talking about “Sell to Goal” for a while in his content and books. In seeing this Diagnostic process, I finally get what that means.
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I like that you're sticking to this content style.
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Love the depth of the content … keep it up!
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these vids are aooooo valuable!!! great examples! MORE SALES VIDS PLSSS!! also could you talk more about getting theirs info and card on file that scares me i don’t want to ask too soon and scared them off
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I've been watching/listening to Alex almost every day for over a year and it's helped me an insane amount with my new YouTube series where I'm just making as much money as possible to not be broke anymore
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THANKS A LOT, YOU ARE INCREDIBLE MR. HORMOZI
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May your desires be greater than your obstacles. That description hit home with me. 🔥✊🏿
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Me young entrepreneur 22 years olds been doing house keeping for almost two years and the amount of information and clarity i get from him is just amazing. Sometimes i doubt if im capable of making it but then i hear your voice in my head saying" Give more than you receive and your outcome will be exponentially higher" I will apply this and thank you
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Best thing happened to the channel is you transionned back to the business content ! Incredible
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keep hustling alex u re the best
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You guys are helping to change our last name 💯 much love and respect always!
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Soooo valuable. Thank you Alex!
