10 Ways to Make $1 Million if You're BROKE

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.

[ShirlPigram]

Just discovered your channel with this video -- I was able to think about my situation and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $90K per year but nothing to show for it yet.

[Riggsnic_co]

To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?

[JenniferDavis]

As someone passionate about investments, I often contemplate the strategies and paths that enable top-tier investors to amass wealth in the millions. While I possess a substantial initial capital, I am uncertain about the specific tactics or avenues that would facilitate achieving gains exceeding $400k, similar to those achieved by several others this season.

[jekytck]

Probably the most important difference between Alex and any other person that has given me advice on how to be successful is that I feel like Alex is teaching me how to have faith in me and what I do.

[SteveDutton-v]

The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...

[arshak]

This was insanely valuable, thanks Alex. It’s now time for me to stop binge watching your vids in my pajamas and start selling billion dollar skyscrapers.

[calebpullman]

Genuinely think you give the most business related value on the platform

[Michael-vccs]

This is all brilliant advice. I love the emphasis on adding value. People really don't think that way. Your net worth is directly related to the value you can add to other people, not the number of hours you work.

[nicolasbenson]

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

[RyanFaux-otep]

You are the first person to explain the house and building flipping in a way i understand. Thank you

[mmmmm-nw]

Thank You, got an excellent idea form this!

[edwardcook]

This advice is as good as buying lotto tickets.

[WholeHealthConnections]

Just started diving into your channel- great stuff. No fluff. Straight to the point with real value. Thank you good sir 👊🏼

[danielj]

Congrats on 500k subs and the immense amount of business knowledge!

[miracledoeseverythingyt]

Alex, I want to say thank you for this video.

[cqnnqn]

great video, entertaining & kept my attention the whole time. Great editing as well 💯

[RafaelOliveira-elsi]

Always great Alex. Thank you for all the MASSIVE knowlodge that you share for FREE

[mikes]

I like the way you’re talking. So realistic, no BS at all!!!

[tjmarvin]

Awesome info. Your Genius plus Beast Mode Squared! Keep Rocking!

[isaisolano]

Alex, this is straight fire brother. Thanks.