3 Ways To Get More Money Upfront

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.

[dominicprovenzano]

This dude is like one of the only cases of a business entrepreneur YouTuber that actually posts good common sense ideas instead of get rich quick scheme

[ThePsychicStylist]

Love this post!! I find your backwards-baseball cap as a major deterrent to looking like you're smart enough to listen to about business. (Just some visibility feedback.) Thanks for great advice.

[jaydv]

I literally used one of these today and it worked great!

[czieglr]

I think you start a beard product line... billion dollar beards.. or something

[ThembaMkandla]

Yeah, the grand slam offer, very irresistible! Who in their right mind can refuse that? Thanks Coach.

[johnb]

You look tired friend, I hope you rest easier soon:)

[josesantiagosales]

I disagree, I believe this is a negotiation flaw because then the prospect will expect more because the lack of negotiation and value presented

[BowlerTheHatGuy]

I am so broke I barely can afford food

[AnthonyNatalizio]

I have a digital marketing agency and I sign four month contracts $2500 a month. Do you think if I ask for it up front is that asking for to much from businesses or do you think that’s fine. Cause my plan was if they pay up front I’ll take $1000 off so it’s only $9k instead of the $10k Is that reasonable to ask from a business or is there a better way to go about that.

[AriBFitness]

Hey Alex! Noticed your blue screen showed up at the end of your vid here. Wanted to bring it to your attention messaged you on LinkedIn as well 🙏🏼

[fassidesouza]

Ooooh that's interesting! But learning the logic of sales is not easy.

I am currently doing prepayment because I am doing custom knitted scarves 🧣 but the bonus I don't know about that. Or do I have to define what is a bonus? Options are already charged.

I have stoped doing any sort of discounts because this is looking cheap and I am attracting customers that want more discounts.

Now, when I have orders this is never on discounted products. People are ready to pay full price. I could do exceptions in private if I am late or make a mistake for example.

My only problem is that I have less customers now that there is no discounts.