How many close friends do you have?

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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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The lesson and example from the Hormozi's is that people should at least consider being selective with their relationships. The Hormozi's don't waste people's time and they don't let others waste theirs.

tinaperez

I find that many of my "day ones" who go back 10+ years, haven't changed themselves for the positive at all. I recently reconnected with some friends and had some overall decent interactions - we didn't trigger eachother or raise our voices. So afterwards I went to check their twitter. Holy shit what a dumpster fire. Name changing to suit their mood, posting constant political stances that have changed over the years, barely any pictures of them with their spouses or friends. I don't want to be friends with them because they will influence my life in the negative.

Alex's philosophy of transactional friendships with people who are working towards similar goals is dead on. Interesting that this guy tried to get him in a "gotcha moment". Trying to be like "oh well that's not healthy" and Alex shut it the fuck down asap. Respect.

Luke_Groundwalker

Alex is super practical with that approach

shivinunitholi

“I can’t ascribe a label to it.” I’m gonna start using that

TheCorner

"Yeah let me just get some more close friends from way back" lol it doesn't work that way, we all know it's very difficult to maintain friendships from school years because "adult life" is very time- and energy-consuming, not to mention that people move geographically for study and work and all the rest. People fall out of touch with each other, and unfortunately that's just normal.

RDS_Armwrestling