If You Have Less Than $100K Saved Up Do 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.

[CestUnSigne]

At my job I decided to do 2x more. They didn't care. Now i'm an entrepreneur.

[ericatawney]

I found out my bosses fav cookie is chocolate chip (I’ve been perfecting my recipe for a decade). Now I make the office cookies at least once a month and he brags to anyone who comes in about how amazing my cookies are. In a year I’ve gotten a 14% raise and all the line level staff bonuses. Just found out they will also be giving me the manager bonuses “because I’m worth my weight in gold”. Being the ‘spirit player’ in business has its perks!

[rianime]

All jobs in UK don't give a damn your doing so well, they still find a way to keep your wage as low as humanly possible.

[tristenparker]

I appreciate all the free education you post online, it motivates me to be a better moneymaker

[Willrol]

But having less than $100K isn’t the end of the world. You just need a smart plan. I’ve learned that the worst thing you can do is nothing

[YouTubeUserToo]

So simple, yet so many people would rather complain than to actually do it

[JasonXu-ct]

I would replace "apply for new job" with "learn and practice a high value skill". Working a new job doesn't amount to anything anymore. Need to learn a high value skill that you can build a business around. That's what Alex's channel is all about, ain't it?

[Abelitroo]

In my job i did twice of what the top performer was doing and now im a supervisor, learn how to choose your jobs

[AuntLorasHouse]

I'm building a business from the ground up.

[Mychellechic]

Having four teen kids really foils these best laid plans sometimes

[Motivationtowinnn]

This makes sense.
If you stop doing same things you will get different results.

[Mmegranny]

Actually, I dropped down to part time and now get paid more because I am in a lower tax bracket. Take home is 200 more per month. Bills are 1500 less because less childcare and gas. Plus I have time to spend with my kids and work on my side gig while I make long winded comments on the content people younger than me consume.

[sakarsharma]

Woah, 😮 Great 👍.
I have been unconsciously applying the pointers for the past 7 months, Knowing a deadline is awesome. working 2* and more for next 29 and more. thank you for knowledge share.

[faddad]

If I had literally no expenses for the next 3 years, I still wouldn’t have 100k

[taxplanner]

The last one is what most people are not willing to do. especially now in the era of" i work [insert number here< 5] hour a day and make 10k month"

[RaymerProductions]

Stop eating out yes. Only "quality" groceries though

[BrianVelez]

Alright boss, remember that great work I did once 36 months ago? 😂

[ramzisarmini]

I don’t wanna do that, though. I wanna just make more money and enjoy my life and save where I can.

I’m not waiting 3 years at a bs job, i can get rich by then in my own biz

[timoteisatmarean]

Its bad when you do all these and you are still broke/poor

[cold]

Should i continue to do that during the 36 months or?

Maybe once off then wait and see