Stop Being Broke. Get Busy.

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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.
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Basically what Alex said:

1. Small companies have an advantage in doing personalized approach.(So utilize it.)

2, anything is scalable.(So stop whining.)

3. Sell to high ticket clients first.(By doing DFY services.)

4. Sell course's on skool community. (by doing dwy services.) Mid ticket clients.

5. Read his book.( 100M offers and 100M leads.)

YEZAN_NADEEM
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Quote of the day: "you can't be busy and broke"

rdherps
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"Whatever your hand finds to do, do it with your might, "' - Ecclesiastes 9:10

MotivMalik
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“You’ll learn before you’ll earn” I love it, because it’s true

TheBazQueenTV
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"You Can't Be Busy and Broke, Pick One!"... Man You got me on that one. I need to improve!

albertlopez
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"I'm a 7 figure entrepreneur" ---- Alexes reply ... I dont give a Sh!t. Best business coach ever 😂. Much love alex keep them coming

lordsamaelhunt
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ALEX DON'T STOP MAKING THESE VIDEOS

PaaNiiAwesomeSax
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Every day I wake up thinking I’ve got shit to do and then Alex uploads a video and the whole plan goes out the window😂

speakingwithyasirkhan
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"You can't be busy and broke! Pick one." Well...damn. I never thought that one sentence could be my master key right now and be an entire Business 101 course.

mikegreen
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What I love most about you Alex is that you're one of the very few people that can provide 2 hours worth of business training in 20 minutes and 24 seconds!
Bravo brother! You Rock! Thank you!

larryappelbaum
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This is so on point.
Broke- then work more.
Learn more than you earn @1st.
Solutions are made through talking to customers

AdamKulikowski
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Never have I really been compelled to write a comment. I usually consumer and listen. However, this video guided my fingers without thought to the keyboard to simply type... Thank you... currently 1:15 am and sitting at my desk overwhelmed with work, but these videos have been a constant beacon for encouragement and enlightenment. Alex, please do not stop making these videos. Sincerely, a dude in his late 20's running a business to provide for his family of 4 ❤

andrewperez
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This is one of the best video of Alex Hormozi. "I see so many poor people, trying to think like RICH people when they really thinking like poor people, because they are broke and not busy. SO GET BUSY"

nhtdmr
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Love the 20 minute videos. Perfect amount of time to watch while I eat. Then back to work let’s go

artcampos
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Alex, thank you for coming back with your ‘old style’ ❤ - no more flashy shorts / no more ‘mass-oriented distracted’ videos - I look forward to picking up your brain / learn.

karolinakournossova
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6:38-6:42 You can solve every question and every problem in business by talking to your customer.

8:22-8:26 The best possible teacher that is in the marketplace which is the market itself ✍🏽

BigMoonShot
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I felt my mind going into confusion and thought "I just need Alex to yell at me real quick to get out of this bullshit headspace" lol thank you for this video! You be preaching and calling all of our "limitations" out!! grateful for you.

vanessamorris
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Stay passionate. Do not lose this feeling brother. I need you. I promise you that you are changing my life, and many other’s as well. Thank you.

ThatGuyExperience
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Thank you for speaking to our excuses 😀

SatishTorani
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When Alex starts videos with a disclaimer AND you can hear the passion in his voice, it’s a good vid.

LorrhanFerreira-cphk