I Was Wrong About Mentorship...

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.

[dominicmckay]

There was always a kid in class who got straight A’s because they were “naturally good at math”, when in reality they were getting tutoring every other day since they had the money to pay for it. Many people view tutoring as cheating, and that it only really counts if you do it by yourself, the painful, slow way of getting the same outcome.
What I gathered from Alex’s videos is that he spent his money on tutors (mentors) to help him avoid having to do the far slower process of having to learn everything by himself.
I’m a 17 year old student from Northern Ireland, If I have a tutor for chemistry, then of course I’ll get as many as I can when creating my business.

[EddyLeeKhane]

This is also incredible parenting advise, sometimes the parents get butthurt when their kid knows things better than them

Many of us probably heard from a parent

" What you think that you're smarter than me? "

Instead of being grateful, proud and encouraging
Damn my boy gonna be ahead of me, let's

[justynnr]

This is the best video you've ever done. This is an explanation of growth. You're a beast Alex. Appreciate you bro! Just started another C Corp because of you and I appreciate all that you do for free. The world could use more of you boss!

[TruceBurner]

Thank You brother. I'm a 52 year old guy who is changing careers from acting/voice acting to sales. It's been 2 years and I only recently came to know you. I so much appreciate you man. You have taught me so much and helped my closing ration big time....AND YOU NEVER TRIED TO SELL ME ANYTHING. God speed to you and your wife. You are both touching people personally. Much Love brother and sister :)

[MeetKevon]

Know the part I love about Alex's videos? He looks at the slide/script! He doesn't try to be perfect like so many YouTubers. Love it!

[SergioKrutov]

So true. I'm so grateful for all my mentors whom I surpassed mostly because they showed me how. And as a mentor myself it always feels great when a mentee surpasses me. It's like letting go your grown up kid. A bit painful yet so wonderful!

[DuckyDee]

Thanks for this Alex. frfr. I'm glad you expanded on this. I saw you and Tom talking about it on his show and it seemed like you had more to say but you were holding back.

[akshathh]

literally was thinking about this today and here comes alex

[hleet]

You are right man ! why mentors and knowledge people have to keep secret the key path to success fast ?? Some will keep their hard cumulated knowledge right to their tomb ... BUT I can understand that some mentors needs to eat too, so they need some kind of revenue to sustain their life by selling you their time and effort and experience to mentor/coach you. Anyway, great video :)

[raycorado]

I must say, I have consumed countless hours of your content. Your approach, mindset and views on business are refreshing and timely.
Very wise words shared here! Love your heart man!

[nick.pezley]

Just got back from future flipper where you spoke and I am floored by you man. I’ve been watching for months and the amount of value I have gotten out of the videos and the presentation is astronomical. So grateful you’re sharing all of this with us. Been searching for a role model and you fit that, thank you alex.

[paulcarlson]

I love that your content has advice for every level. not just advice for the end game

[PozzoPersonal]

This really resonated Alex, one of the best channels around. So valuable

[beedebawng]

At the essence of what you're describing is a phenomenon (found too often in mostly those living in "advanced economies") that is a convergence of several dynamics one of which is ease of accomplishment.

The greater the ease in accomplishing something the more likely one is to attribute the accomplishment to themselves. Meanwhile, what they're unknowingly but actually attributing to themselves is the persistence through the internal difficulties they went through to the accomplishment. That's not the same thing as the accomplishment itself. If one's accomplishments don't break one, we are more likely to think that we were responsible for the accomplishment and thus think ourselves superior to those who achieved the same in longer time or failed to achieve at all.

[pedrosierra]

Thank you for sharing this Alex. I’m working with my first mentor in e-commerce right now. I have thousands in sales and am working to scale. It’s awesome to have this mindset going into business. God bless YouTube.

[basirdurr]

Dude holy shit, I was literally in a debate with my sister telling her how I don’t want my kids to struggle and to have better opportunities than I did. And she was arguing the point that she wants her kids to go through the same struggles as we did growing up (born and raised in Afghanistan) so that they would understand our circumstances and understand what hard work is. But this video explains perfectly what I was trying to get her to understand. You hit the nail in the head. Thank you.

[Craig_Alexander]

Alex this is spot on but makes me think of the quote “Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times.” Its a paradox almost. You want to help the next generation but in so doing that you are actually setting them up to fail? meh what do I know

[ricardolongo]

Dude at your back, that looks incredible cool, the whole set. Now what you say on the video, man I believe that is so true. I have experience that a bit and is such a gratifying feeling

[TheVibeMindset]

I was super pumped to hear that you and The Liver King have finally met up. I feel each of you can offer value to the other. Glad the meet-up happened!

[areichental]

I found you through your collab with MPMD. Really grateful that I did. Shout out to all the mentors, mentees, and you other savages out there grinding. Looking forward to beating some of you and setting some of you other folks up to beat me down the line.

Also, don't forget to tell your doggo that they're the best because you know they are