A Billionaire said This...

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.

[PuReJellybean]

I told him this in confidence and now he's telling everyone...

[TheSpcialne]

I have a friend who comes from a family who owns a company worth billions. I know many other wealthy friends, and i have family that are relatively poor in Central America. I have also spent time on American Indian reservations which are some of the poorest places in the country.

My life experience has thoroughly taught me that money buys comfort not happiness. In general, happiness comes from a having sense of community and having strong relationships with those you love.

[jamesscott]

He doesn’t need more money… he just needs a big hug 😆

[Uservfjhejf]

The billionaire is an example of why you shouldn't compare yourself to others

[Patrick-pvpe]

Poor is the man who doesn't know what enough is.

[Windex]

I always love coming across channels with people who have all the answers and are never wrong about anything ever. Amazing confidence, and extremely honest and normal I'm sure.

[johnsprosperi]

Another friend of mine who passed away from cancer he was also a billionaire and he told me: John don't waste your life looking for a profit like me, if you're healthy you're rich, i will never forget that, I miss him a lot..

[aaronax]

That’s sad man. No money in the world will make him feel what he’s looking for. It’s never enough.

[hjewkes]

Its wild that the takeaway seemed to be “this guy gets it unlike those poor people with their poor friends” 😅

[oginniolajide]

Having strong relationships with those you love, and your community is what brings happiness

[thedatingworldtoday]

Exactly!! More money, more responsibilities, more debt, more resources, more liabilities, more employees, more things, more problems.

[drew]

That’s not a friend that’s a bad path. Never forget to live and always remember why you wanted the money! Don’t let it consume you

[GuillermoSanchez-Apex]

Money isn't evil, the love of money is

[tetrabromobisphenol]

Once you are past the few million needed to retire comfortably and provide for family, a pressing need for more money is pathological, pure and simple. There's nothing at all wrong with success, but there is something terribly wrong with becoming obsessed with material wealth.

[BobDude]

Were those Alex and Leila's stunt doubles in the back?

[scotttheo]

Thank you for sharing! We all need to hear this!

[Sean-xrxj]

That's actually insane how a multi billionaire thinks they need more money. I can't comprehend that.

[homersimpson]

So relatable, feels just the same to me at 23 at the moment. Seems like same situation you had at 20 for me now, mates from school moved on, can’t relate anymore, nobody does the business shit, not rich yet, not poor. Felt like I need to keep my head down but gonna start prioritizing lifestyle next year. More travel more life, more real connections and hopefully still more monetary progress

[davidc]

$5 million is enough for comfortable life and family. $30 million very most. Far more important pursuits and things of value like philanthropy, nature, family, friends, animals, sports,

[benjaminfulford]

Really appreciate the focused business psychology, I like this piece of content!