First Lesson My $3.4B Mentor Taught Me...

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.

[steventamres]

Love it! I work in Life Insurance! This is something I could show to my team!

[realfreedom]

You are offering massive value...thank you and keep going

[timothysullysullivan]

That is why Buffet's company is called Berkshire Hathaway- an insurance company. He had invested in all different types of things but when he found insurance he couldn't believe it- a large, endless pool of capital (other people's money) that he could invest however he wanted. And he built up rapidly from there. Most of the skyscrapers you see in big cities are funded with insurance company capital (along with banks and some other investors). Mainly, you want to 'get in the game' as soon as you can. That is, have some type of equity or profit sharing stake in your efforts. It doesn't have to be your company, either. I would say only 5 to 10% of people are capable of succeeding long term with their own business. Know yourself.

[Jarv.]

When I think I’ve watched all your vids, I see another posted a year ago 😂

[sourabhmittalbbmarketing]

Thanks for this amazing value🔥🔥this is just next level stuff🌟

[adithyams]

Love your Videos brotha...thanks for sharing ♥️

[IntelectualGod]

Money Ladder:

Insurance Companies (Get paid way before you need to do anything, oldest businesses in the world)

Banks (control money)

Worker that gets Paid First, do Job Second

Self Employee

Employee

[AlexAlexanderRVparkinvestor]

Great video. What about IRS? Seems like they have first lienholder position above insurance. Then tax then Church. And the church doesn't fulfill the commitment till you die, and try getting a refund then.

[kalvinreichelt]

Haha. "The Float" is real. The first time I read University of B.H. my mind was blown.

[renfabri]

Amazing info… insurance really is next level. Btw I got a question, been look everywhere to find a flipchart that’s longer on the width than height… Where you get that flipchart? Lol

[E]

Teach us about the bicep size ladder next

[Patrick.investor]

Government taxes also get pay first above banks

[galrozental]

Anyone else first read the title on the board as “Money Launder”? 😂

[olivertaveras]

Yea man. I got into life insurance as well. Starting an agency

[robertgere]

Galatians 6:7
"Do not be deceived: God cannot be mocked. A man reaps what he sows."

[vincentcuibus]

8:18 sounds like the best business model in the world. Too bad the niche itself it extremely boring.

[thorsvenson]

How to get rich (legal, but immoral): Sell insurance on natural disasters right after a big one occurs. Collect premiums, and then pay yourself. Then, when the next big natural disaster hits (say, in 10 years), file for bankruptcy. Keep the salary you paid yourself along the way. Start over at step one, but now market yourself as having 10 years experience :)

[a_william]

The single video among the 30-40 that I’ve watched so far that I didn’t find useful at my stage 😁

[jamaisvu]

I would have added churches/ non profits between banks and insurance…as bad as it sounds they’re intelligent businesses

[gallaghersean]

Hi, your training says it’s locked? How do we get access? I’m referring to your link in the video description to your free training. Thank you!