Investing is stupid

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.

[DanielEarl]

Alex is the type of guy to quantify wealth in terms of Chipotle burritos. 🌯

[alexcruzship]

“You’re a brokey a wagey a peeon” - some guy with a Bugatti

[jacobspannagel]

He makes a good point that you need to factor in inflation. Do both. DCA and increase your value. DCA takes an hour to set up and means you won’t have to be old & broke.

[pillmill]

Stocks and assets climb with inflation. It's not worth the dollars, it's worth the value of the dollars.

[FirstLast-gklg]

Long term investing is never about getting a lot of money. It's an assurance that you won't be broke.

[rudra]

Alex saying "you're poor, you're poor!"
That hits you bro..i am poor following these YouTubers who tell me to buy stocks. 😭

[drewmcleod]

If $4 million is worth $1 million in the future the retirement crisis will be worse than what I thought

[ahokay]

Who the fuck isn't taking inflation into account?

[thericecracker]

What ppl forget is there will always be the bottom 99% it makes sense for some ppl to just DCA

[wbrycec]

We are. Generally you compound interest at 8%, 6.5% to be conservative, with S&P 500, as the market has returned about 10-12% since 1900 and of it returns less, the entire economy is doing worse and the nation itself is declining. So it’s fairly reliable. Inflation is targeted at 2%, often averaging 2.5% yearly averaged and median

[nmbrcubzfan]

Love most of your stuff, but you're mistaken here. From 1950 to 2022 inflation adjusted return when reinvesting dividends was just over 7% per year.

[Barry.R]

I literally started putting $1500 a month into S&P 500 on advice from one of his earlier videos. Which one is it 🤷‍♂️

[only]

I get his point, instead of leaving ur money for it to make u a mil in like 20years, u could have used it to open a business like a restaurant that may have made u 5million in 20 years

[mike_strong]

I don’t disagree. I agree that building a business is the best way to build real wealth, but not everyone is willing to do that. Which is their fault, but investing in the market is their next best option. Huge fan Alex!! Keep killin it!

[aguman]

Alex Hormozi brings up a good point of being excel rich where yes, you will have $4 million and compared to where you are now will seem like a lot but 20-30 years from now when you do have they 4m it will feel like 800k which is still a lot of money but not the super rich lifestyle where you could live off.

[GabeOwzer]

Create and maintain a business/businesses vs. doing absolutely nothing because you can automate your investments . One is hundreds if not thousands of hours a year, vs 15 minutes one time.

Are you really surprised one has the potential to bring in more revenue?

[samdrher]

The majority of millionaires get there by saving and investing. Only a small few get there the way Alex did. I’m happy living the simple life.

[hugojr]

Better than having no money invested at all.

[saturatedodin]

There is not enough money for everyone to be rich.

[__-bzwh]

Alex the type of guy to shit on proven wealth creation methods just because they're boring and don't cost hours a day monitoring charts