4 Steps To Go From $0 to $10 Million

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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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I can’t lie this guy crushes Gary vee he gets to the point so fucking quickly

JK-nofl
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People don't realize how important this advice is. Thank you, Alex.

imchannelz
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Man it's Really liberating to know you are doing the right things...

ivaldisako
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When ever I see ur video I am just overwhelmingly grateful! God bless u 💛

pragee
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1st to do is make a million, easy

2nd make 2 million and just repeat

benmcmanus
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Hey Alex, I just watched your podcast with Graham and it was very thought provoking. I would love to see more videos of you talking about philosophy and in particular the is-ought problem. i think that'd bring alot of value to people.

graffwriter
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Simple steps, not so easy, but if you do them they will pay off for sure!

milkokukov
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That podcast with Graham Stephan was awesome 👍

Quickeasyguitarlessons
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Youre a legend bro! Appreciate your work and insight 💯

Adeptplayers
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It's not as easy as it sounds but as they say if it was easy everyone would do it! 😉

MarketingHarry
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This advice is worth what you paid for it

JNatella
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How many products is the sweet spot for one target audience?

purpose
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Solid information! Now I just need to sell something lol

Cuddyface
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What do you mean by different channels?

mikw
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How do I post this clip to a daily feed

BlakeDoesBusiness
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I really like this…
There’s a little more to it tho…
Logistics and customer service for example..

Also when he says you need to learn to sell a product once.. does he mean just selling a single item?

erxfav
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Would it be possible to get a video on Referrals? I just covered your Golden Ratio Referral/Churn video and wished I was able to find a vid in your library that went in depth for Referrals! (Loving watching you execute the final steps of your own plan in real time btw!)

mannygomez
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How do you go from $10m to $50m. Hoping we hit $10m this year, now I'm thinking of what we need to do to get to $30m.

LucasJamesTech
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I can't even figure out the first

Gameboob
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What if I have an idea for a product but don't know what to do

Dreoilin