"I'm Broke, What Business Do I Start?"
355,501
2024-06-26に共有
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.
コメント (21)
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Want to go through this process with a community, tools, and my help? Go here: skool.com/games
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SHORTCUTS TO SUCCESS.
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Bro woke up and said let me drop shit ton of value right here today
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You notice that he most successful entrepreneurs are always creating content instead of consuming it like we do
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Bro, turn the TV volume down, i’m watching Hormozi
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I grew up financially illiterate and don't really know much about business, but listening to this guy speak about his field so masterfully is really amazing. I feel like I'm listening to a business genius.
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The one educator I try to watch passively to absorb the info but end up pausing to write notes. Every video! God blessed me to find you 🙌🏾
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This dude is……just unbelievably knowledgeable. I love listening to someone who makes me feel smarter after just listening to them. Be that type of person, gang
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Awesome quick workshop! Thanks, Alex 🤘
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I love your videos and books. You don’t waste my time with fluff and I learn a lot! Thank you!!!
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Hormozi just explained how good copywriting is done in 24 fucking minutes. If you have written copy before with the hopes of 2xing, 3xing or even 10xing your business… you’d know how damn valuable this is. Thanks Mr. Mozi.
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The future looks bright fellas
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Such a great video, love this! Epic story or epic win. Great mindset to have.
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Thank you for this video! Loved it. The brevity and simplicity are impeccable. All meat, no bones.
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You’re an amazing teacher, Alex! Thanks so much for making these videos
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Now this is the most valuable and straightforward business knowledge than any other content or a college degree
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i watched this 8 times and created a mind map around it for my business. you're gonna make me rich dude
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Awesome video; and so is the book!
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This Is excellent thank you for sharing❤
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Simple breakdown...easy to understand. Time to implement :)
