Worst Advice I've Ever Received

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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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it's so hard not to watch Alex content, seems like he's always right but he's just sharing honesty.

sota
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I’ve come to realize that the riskiest thing I’ve ever done is played it safe for so long.

drewputnam
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peak human intellect or wisdom i should say especiallly in the business world

yeatdagoat
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This is such great advice. It's so true, I have an attention deficit which makes it hard for me to focus on more than one thing. And I give my all to everything that I do so I have had to figure out how to make things work for my life experience in a way that I could lean into it with joy instead of trying to escape something. That's just not good energy for me to work with so I once again love that you're so real about s***! Thank you

visionboardmusicvisionthe
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Couldn’t agree more, the only thing you need for success is time and money, the two things people seem to never have enough of when it counts. Therefore even when one has an abundance of time and/or money one should always strive to have more, can’t sit on your hands and be content. Always strive for excellence but understand that you need time to make it happen, patience. Great content as always, glad to see someone much more successful than me thinking with a similar mindset to mine. Shows me I’m on the right path 🙏

StraightFactsNoFiction
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My eyes was on your biceps the whole short😊

keshavhanma
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I feel like he’s changing the fonts just to see if everyone else who does “Hormozi Shorts” will copy him.

Lifeinsurancesales
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Andrew Krivenko, someone 20 times richer than Alex, advises almost never taking any risks

alexanderyekhanin
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So confusing, you speak so fast that I hardly understand part of what you're saying.

AliyuSamari
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His body language shows that he is not happy with the question AND with selling his gyms

anwarhsg