Business Is Stressful

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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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This is straight up truth. Really well said.

onartschool
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Just an hour ago I got my first bad review on Yelp and let me tell you ... This was exactly what I needed to hear. It's not the end of the world. It's just business.

ADMElectric
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Alex's top transition phrase is "and so" and you can hear Leila do it as well in her videos lol its their signature phrase

sergioramos
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Alex Hormozi says business is always stressful. Growth, stagnation, and decline all bring stress. Entrepreneurs should accept stress as normal and not think it is a problem with them or their business.

Hormozi.Community
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A Gallup survey found that 57% of U.S. workers experience significant stress daily, emphasizing that stress is a universal part of business, not an indicator of poor performance (Gallup, 2021).

AlexiDrouin
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HAHAHA this made me laugh because I’m at a point where I want to change businesses because I’m so stressed HAHAHHAA

geromeinocencio
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Being poor is a choice and even more stressful

minifunkable
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Idk man, I feel like those people who trick out a van and live in it on the beach are stress free 🤷🏽

corderomartin