How To Make $5 Million in 8 Weeks

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.

[mrpatrickljones]

The visuals in the recent videos are out of this world. It's like your sitting in class and the master teaches you how to run a multiple million business. 🤯

[Riggsnic_co]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

[MattDouglas-hjwh]

I feel investors should focus on under-the-radar stocks, especially given the current rollercoaster nature of the stock market, because 35% of my $270, 000 portfolio comprises of plummeting stocks that were once admired, and I'm at a loss for what to do next.

[SquatSimp]

Alex Hormozi, I love you dude. People have said for years that anything you wanted to know was on the internet and they are right, but the common counter to the claim was that you had to sift through all the BS and outdated info. Not anymore!!! It's all here. Thank you brother. This is going to change my life and I'm sure many others along with it

[LetondAtreides]

Initial reaction: Increased retention is a long term win, but increased sales price is better margin and thus better ability to reinvest.

Improved retention still feels better to me because you're winning over your customers better and thus likely have an overall better product.

Edit: I see your point. If you can easily charge more, you may as well.

[jeno]

Just finished your offers course. What a legend! I hope you publish new stuff soon.

[HartmannTennis]

Sounds like some really great solid business advice. And the editing is very enjoyable to watch, especially the illustrations that are depicting what he is saying. I especially appreciate that you explained the three different doors of how to increase revenue and profit, it’s not something I’ve really thought of before. Very nice work, thanks for the video.

[kieranblest]

I take door 3. If the amount of time a client stays doubles, then I can just raise my prices because obviously they'd like the service. And if I have that amount of customers staying for that long, more clients are automatically going to start signing up

[edujyoung]

The opposite of this issue is literally what crushed me and the last handful of projects. I learned the hard way this year and the solution I came to was j literally have to raise the price of what I do. My pricing was wrong. And it hurt. Now—it’s the solution.

[SunRays]

I would like C, it seems optimal for cost reduction. Great video! Haha business examples sounds soo goood!

[chrismilton]

ALEX! Another Hormozi knowledge bomb. Super helpful

[thealpha]

Far better than a paid course..
Thanks bro..
Keep it up bro

[dmitryclarke]

This is such an educational video. So much packed in so little time

[iamyou]

Hey love your videos can you make a video on how to and how much to pay yourself from your business monthly

[alex.sensei]

insane value insane editing, what else !

[unacademians]

I love how he compared business things to his gym exercise

[RobertMcHalffey]

Alex's appearance answers the question "What would happen if a lumberjack became a CEO?"

[fahimshovo]

I love your business content Videos, great job

[myecolife]

Hola amigo.. great videos.. I've been watching you for a couple of weeks now up on the side of a mountain in the mountains of Guatemala.. I've learned a lot from you and like what you talk about .. looking to sell all my land and hit the road and get rid of most of my possessions again.. I'm 56 years old and I've done a lot of things and I would like to work part-time for you remotely via the Internet.. I think I could add some value to what you are doing.. I will be heading north back to the States again after I sell all my Farms and/or land.. adios Amigo from the mountains of Guatemala Lake attilan

[funnyboybossen]

You have some value I love it... AMAZING INFORMATION.