The Most Dangerous People To Hire

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.

[shray_dhingra]

I recently hired a few people just for the sake of “Growing” but quickly came to realise that now they can’t get anything productive done (skill mismatch) and haven’t done anything wrong to be fired for.

Just got myself stuck in a bunch of wasted salaries and some hard conversations.

Don’t hire just for the sake of “Growing”.

[neila]

Lately i went with that im trying to create the great employees rather then higher them.

Its damn hard honestly. Some are great at presenting themselves and their past but really got nothing. Others have had nothing and became great...

[dankrozonouski]

100%. One of the biggest mistakes I’ve made in the past was hiring people for the sake of hiring, and they ended holding the business back. It almost happened again recently but Mozi was in my head and I stopped that train really quickly. Less is more especially with all of the tech now.

[chris]

The barrels are scarce because after awhile most go start their own business. 😂

[jackmacziz]

I’m sure there are plenty of barrels that act like ammunition due to poor compensation

[THEDARKHORSES]

I’m currently starting a trash valet business and Alex has really been helping me plot out how ima have to run this thing. He’s so helpful man

[MrLeolesh]

Hold up. Hiring barrels is needed when you don't have inputs and outputs figured out and maxxed out. When you do, "ammunition" can be pretty helpful to increase the volume.
Don't you first advise to do more and better, rather than different? Barrels don't shot in the same direction.

[Wilson-Lloyd]

I like to think of this in terms of mindset too

What behaviors and traits would you hire in yourself that are the highest ROI

[ryunz]

Ok, and many companies really struggle to adequately recognize and compensate barrels

[shray_dhingra]

Never hire just for the sake of “Growth”

[MrLeolesh]

I was a barrel, until they decided that they can pay me as a good ammunition, and expected me to perform like one anyway. That's when I decided to be an ammunition for them, while working on my own infantry 😅

[apastasauce]

Why would anyone want to “drive” the business just to make more money for the guys at the top? 😂

[JustinMcJesuss]

I swear this man isn’t giving advice between sets. Dude just knows psychologically that we perceive him as legit when he’s gasping for air between words. Probably used it for his gym demos. Not slandering, just an observation

[Raspil]

He just described the restaurant industry

[vitalinguist]

In my words: do they just play a role or do they deliver value?

[MIEVAL]

FREE MASON logo in the shirt is AMAZING.I want one

[Wppsamsung]

...Becauase they are defending your castle not theirs 😉

[randompuppy]

What is found odd is the lack of nose strip in an athletic setting of all places. What is happening.

[kirtimhaske-bc]

you are awesome sir please can you make video on cloth bran marketing and psychology of customers please sir

[littlemarduk]

Very true. But companies drive the energy put of alot of employees as well. Not saying this is his company. But the way companies and government treat their employees and wonder why some are just along for the ride. Companies and management aren't who they claim and once employees or an employee realizes they are just a number... well you get what you get in ricochet. Stop treating people like a employees number and hopefully you will have less along for the minimum ride