The Truth About Quitting Your Job To Start A Business

preview_player
Показать описание


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

DISCLOSURE
Information shared here is for educational purposes only. Individuals and business owners should evaluate their own business strategies, and identify any potential risks. The information shared here is not a guarantee of success. Your results may vary.
Copyright © 2025.
Рекомендации по теме
Комментарии
Автор

Quitting my job was honestly one of the best decisions I've ever made. Yes I work way harder now and way more hours but I make more money and I wouldn't change a THING about it. I'm enjoying working longer hours on my own business and I don't even feel the time...Way better than working on someone else's business and making them rich. It just works for me because I value freedom and control over my own life

blamethevar
Автор

I quit my job when the pandemic started, imagine that. I have never valued myself the way I do working for myself. Now few years later, two businesses and I OWN my time. I have a few devoted employees, allowing me to have the businesses on autopilot. Thank you god 🙏🏾

Nalkaaa
Автор

I’d rather be going on the right direction slowly than the wrong direction fast

DBuntzy-jf
Автор

true, I quit my job in 2018 and worked way more hours for way less pay. People working at fast food jobs were making way more than me. And I had no help at all. My girl left me and I was homeless sleeping out my car but didn't give up. 6 1/2 years later. I'm making way more than her and People who told me I was crazy. She tried to get back with me after seeing how my business is doing and how I'm doing. I just laugh and respectfully denied her. And can't for get covid shut down. I told my self there's no turning back now. I'm gonna get a reward for my pain and suffering.

JasonsMobileDetailing
Автор

The point of working for yourself is that your level of effort benefits you directly. In most jobs that doesn’t translate into any kind of reward you just make someone else richer and hope they decide to pay you for your extra effort when most of the time they won’t even recognize your value. Being you own master has to be the end goal.

Abrokensword
Автор

“The real grind starts after the ‘rush’ — success isn’t the first dollar, it’s the thousandth.”

ThrivewithOprah
Автор

I’m quitting the 9-5 for the second time to go back into Full-Time Entrepreneurship!

2nd round here we go!

JoshuaHTate
Автор

True. I quit my job to start a leather goods company, had a first big win, and it’s been grueling ever since. You gotta have a really strong reason why to stick through it.

nikolaarandjelovic
Автор

I wanted to work more because I was in the public service and did 5 minutes of work but had to stay for 8 hours looking busy.

hggohh
Автор

I quit my job as an auto collision technician of nearly 25 years and partnered with an existing business owner with intentions of buying him out. I'm in my third week. I can tell you this, don't ever think you should wait for the right time because it will never come. Prepare yourself the best way you can and start. I can't believe I waited this long but I'm glad I finally did. Alex is right about the rush, and it feels amazing.

matthewbabel
Автор

Not always Alex ! Sometimes you quit your job because you are in misalignment
I quit pretty successful corporate career at 37 with two kids and mortgage not because i did not want to work hard but because i was in misalignment
I am building my business now -work even harder but on my terms and is fully aligned!

AnaLeiman
Автор

He’s 100% right. Made 1/3 the money and worked 3x the time. It’s good now but still it took about 2.5 years to start making better money

michaelpatton
Автор

Omg i quit my job because i couldn't work and focus on my Buisness at the same time. I let my job go about 8 months ago. I got my first 2 contracts 2023 December. I have 2 small contracts 2 nice and 2 ok contracts possible 2 more. Thats when ill hire a contractor. I work like crazy one week. The next week 3 days off. Sometimes i want to give up but I have people around me saying wow. You are really doing it. Keep going

diggorypat
Автор

There's a book called, Before you quit your job is a good read

Thanks for sharing Alex.

Christheo
Автор

I quit my job and I feel free.. No more hamster wheel. No more getting written up for being 8 minutes late and being talked to like a child..

Chicagokid
Автор

Stick with it. And keep sticking with it. And do that some more. And more. And then you win.

AkhadaConsulting
Автор

It’s truly crazy, once you read The Architect of Riches by Alexander Pierce you realize how blinded you were, but it’s never too late. That book has some serious knowledge, changed my life.

LaylaJenner-px
Автор

From 9-5 to 24/7 lol but, it's worth it if you do it right 😅

YAHUAHonly
Автор

Getting pleasure from my work comes a close second to the freedom and independence being a sole trader gives me. Driving home on a Friday night after a 13hr day knowing I can start the next job on Monday is a complete high. I didn't need to give up the booze and find a better life, there just wasn't enough time for all the wasteful distractions that had frankly ruined my earlier years.

trig
Автор

Side hustle it until you cover your personal bills.

LoTjPaPr
welcome to shbcf.ru