The Easiest Way To Lose Money

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)
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.

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.

[StillnTheClear]

I love how great Alex is at spelling things out in such simple terms.

[Marking_The_Way]

*sigh*, yup. At the same time, chucking in a small amount is a quick way for me to find out. It saves me a ton of time.

[ZonymaUnltd.]

Alex will tell you every damn business “secret” or fact you need to know, but it only counts if you actually use the knowledge.

[pritiambastha]

Well said, "If you dont know how you can lose money, you absolutely will"🙌

[josearevalo]

I did!, LMA!, because I did not know!😮😅😂....Thank You Alex.❤

[markusspearsonpersonal]

I’m scared shitless to make a $20k bet on myself because it’s my first business

[jayjayxx]

“Lose you ass” because you go negative and have to sell it to recoup costs.

😂

[sprinkle]

This guys advice is the best out there or one of them I prefer him over Andrew Tate or I man gadhi

[coachtinab]

Lmao, you're absolutely going to lose your ass. Truth 💣💣💣😅

[StoryluckOrg]

I used to daytrade and losers would always say that line, it's a sure thing. All these diamond hands people do all their research on upside 0 on downside. It was so annoying to block all their garbage analysis.