How to make money while in school

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.

[goramboup]

My old Latin tutor used to do this with groups of 2-4. Always thought he made bank, never realised how businesses savvy he was at the same time

[VCR_Repairman]

You open up a Lemonade stand and that makes 200 dollars a day, Then you open up five more lemonade stands, now your making 1200 a day and that's putting you at the top 1percent of Lemonade stands. It's that easy.

[D-TRADER]

Literally believe in yourself and anything’s possible to an extent (obviously things that are statistically impossible won’t come to fruition)

[harv]

When Steven Adams isn’t balling out with the Grizzlies, he’s laying down that financial advice. 💯

[dadwithnotime]

This guy is full of hypotheticals that always work out in his head 😂😂

[Stc]

Time to figure out what subject(s) I know well enough that I could tutor effectively.

[areyoureallyalright]

Group training is better for a number of reasons:

They get better results because they naturally compete and help each other

You don’t have empty times. If one client can’t make it, you still have the others. If you only have one, and they away, zero clients.

You can charge less but earn more.

It’s a lot more fun.

[bphifer]

I’ve watched his training on skool twice and still don’t understand how you can make $10k a month

[RawDollar]

If you go to the supermarket and buy sandwich bread and turkey you can make 50 sandwiches for $50 dollars. If you sell each sandwich for $5 you make $200 every day. Now go do it.

[BookReaderTls]

Problem: I’m the one who needs a tutor

[manaversestudios]

Thank YOU for bringing us along in this journey. Truly grateful to be apart of such an awesome community focused on giving back!

[therdx]

About to begin mine literally like 5 mins ago and I just saw this randomly

Thanks!❤

[alexhuhdanpaa]

I’m legit just starting a tutoring business in high school this is perfect

[cbjueueiwyru]

This sounds like someone that has never tutored or needed tutoring

[senseofmindshow]

this is a lot harder than he makes it seem. Most universities offer free tutoring, or at least much cheaper than he's saying. Not trying to discourage anyone, just saying your competition will be tough.

[matttheradartechnician]

No one is willing to pay 35. I do this and can only get around 10-15 per person. My school has a ton if tutoring resources and such so it was already a hard sell to even attract them

[mattthebeast]

Good luck finding enough students to be able to work 4 hours a day with 8 people for every day of the week

[TheKimWright]

🤔 I'm wondering how I can use this in my new travel agent business. Or if I should wait until I'm rolling more.

[BudFox]

Why limit yourself to that many students? Why not go for 10, 000 students 36 hours a day?

[DCfreerunner]

Totally thought he was going to tell me to strip and drive Uber while in college