A Lesson From One of the Greatest Investors

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.

[alejandroabad-pablo]

I think I can see it in Alex’s eyes that the pursuit for more no longer pleases him. And that’s a good thing. There’s more in this life than just more money or more success.

Sometimes, spending good time with those you love is far more than any more money can ever give you. The feeling of giving and changing someone’s life will also be significantly greater than any amount of money you can ever make Alex

[bradfordrusso]

"Freedom !" -- Mel Gibson as William Wallace in Braveheart

[Elimbi]

Guys he has 100m net worth but wants a billion.... I don't know if he took this lesson to heart

[macuniversoul]

This is a great point! Looking at my life sometimes my thoughts when working in I tend to pursuit the journey of wanting to learn.What I noticed is that it also puts me in a place where I feel like I'm not going to be able to maximize my earning potential because I'm not working to want more money.

What do you think about learning skills vs wanting financial abundance?

[Nerzhus]

Alex is free to do whatever he wants, he chooses to chase money still. I don't understand what this short is about.

[jaket]

I'd like to overshoot as well, please.

[Jackaroo.]

He did live to be 99 so, he probably knew a few things.

[ryandonovan]

Like something else I heard, think it was Ice T...some grind to disappear.

[EarthRipss]

what is charlies last name im unfamiliar and want to research, thank you for your time.

[danielscott]

Problem with this guy is that he stands for nothing. What can you learn from him?