How to go ALL IN on your side hustle...

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.

[omniusandrei]

I like how you differentiate side hustle from side money - the goal is eventually to turn it in your main thing. I did this in 2020 and very glad I did

[MauLi]

People write 500 pages Books about this topic, Alex makes a less than 7 Minute short Video. I am so glad I found your channel last year! Didn't had that much extrem valuable content in decades before.

[gazagne]

Life changing video.
The best practical one I have saw of him of this so scary subject of making the big jump.

Thx to be so respectful of the need to minimize the risk to the maximum. Love you so much for that !!!

[LesterDiaz]

Reading 100M Offers and I can say one of the best sales and marketing books I’ve read. I’m confident I’m taking my businesses to 1m per year soon.

[RamizJaber]

Who tf edited this video? it's crazy good.

[camilavinco]

Thank you for this video. Listening to you say it is the hardest move, gave me validation for all the work I have done so far to try to become full-time. It seems like a dead end sometimes.

[closerskool]

Loving your content! Always so valuable. Thanks and really looking forward to your next book

[vanessajambois]

This hit home for me. I'm 46, I work a corporate 6 figure job coaching in IT and I am over it. I need to reduce my overhead, get saving more and figure out what my first side hustle will be from the extensive experience I have. Too many choices!

[pguetan]

Awesome content as always, Alex! I had 2 months runway before I quit my job and went full-time with my online business. It was really tough at the beginning but I survived. 🔥💪🏻

[Digitalwolftech]

I really needed this, have started making so much money from 15 now am 16 now I have issues balancing my life with side hustle, main hustle and learning

[joshsorenson]

This is the most solid advice on how to transition from side hustle to main hustle that I've ever heard. 👏

[babyk]

Hi, thanks for the vid. Am 18, just finished school. Currently working on myself like crazy. I'll prolly not be joining College as I am focusing on my entrepreneurial journey. Thanks so much for the vids, you are my hero. I knew it was possible, but you expanded my ways of getting there. (I will add my progress after a year, my net worth is $200)

[RussianBritish]

What a great words Alex. I am currently at the transitional stage. And it's very hard to execute. Thank you for your words 🙏

[AakashSukheja]

Hormozi spits facts at the right time. I'm going all in on my passion sir. Wish me luck.

[Afonso.Goncalves]

As a 15 year old who started my own youtube channel etc, Alex and a few other content creators in this niche help so much, thank you a lot Alex!

[MrPsychopathYT]

My side hustle is my hobby, and I don’t want to go all into it is because I want to continue to enjoy it and not ruin it for me. It brings me joy, but when I get too much work for it, it starts to feel like shit. I rather keep doing my career and keep it as a side hustle for fun

[alantheleader]

these are the most valuable videos to me as a beginning entrepenuer. bro theres like so much self doubt and double thinking about decisions to make in the early days, when you give this type of advice and personal stories it just hits different man. wish there were more entrepenuers that made vids like this tailored to beginners not mfs just selling the next get rich quick scheme.

[sirguy]

Fantastic advice! First - pay off all of your bills- save money- live below your means- work hard and focused - good luck!

[martinmenesestv]

Thanks a lot for this video Alex! I watched it 2 months ago and I can almost quit my job

[troyserson]

Watching this video just made me realize how risky the entrepreneurial moves I made in my 20’s were. I’m so glad this generation has folks like Alex making great videos like this to learn from