The 2 simple rules that made me millions

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.

[AuthorTimmy]

I love that he clarified immediately as 45 minutes. I would have thought he opens his opens his eyes and then his laptop

[devingeary]

As someone that has worked as a manager for over 12 years I feel that most meetings are a complete waste of time and actually have a severe negative effect on productivity. If you are going to hold a meeting it should be brief and hyper focused on topics that will legitimately improve productivity, employee knowledge and moral

[peanbean]

I am almost a millionaire now and its been about 3 years. I realized productivity is not about harder faster.. here's 3 quotes I love.
"Don't put off until tomorrow what you can do today"- Ben Franklin
"I walk slowly, but never backward."-Abraham Lincoln
" If I had nine hours to cut down a tree.. I would spend six hours sharpening my axe. " -Abraham Lincoln.

[jeannegreen]

Life hack. Start working 45 min after you wake up. Got it. Genius.

[ohxishxitsxdavid]

I wish I could put off meetings until noon. Being on the west coast, I’m already 3 hours behind my clients in NY, 8 hours behind London, and 9 hours behind Switzerland.

[zackbucheli]

When do you typically fit in your gym time?

[ghostnoodle]

45 minutes is a millonaires definition of immediately? Why am I not surprised

[airgunningyup]

most meetings are to stroke someones ego in upper management .

[Officiallytommytime]

Not taking meetings before 12pm is a game changer. 😎

[BenRangel]

This is not a hack it's just "work a full day without meetings...and then work more with meetings"

[dermaltec]

Exactly plan properly then execute and get it done

[itajelico]

Sounds actually very good, thanks for the advice

[SaulM]

The point is, i gotta go asleep earlier in order to do something like this. Cause if i get less than 6 hours of sleep the overall productivity gets an insane downgrade for me

[keysncoffee]

Just blocked out my calendar before 12:30 each day. Thanks Alex!

[StreetPreacherr]

What these people NEVER seem to mention is WHEN DO THEY GO TO BED if they're waking up at 5am every day?

[Njabuloseh]

The problem with taking advice from millionaires, is that they tell you what they’re doing now as millionaires…not what they did to get there. When you have nothing, you’re taking meetings whenever the people/companies you want access to say so.

They often share their routines as “life hacks” and those are vastly different things.

[BaldLezB_In]

What does working mean? Is he building houses, tilling fields, helping sick people in a care facility? When I hear working, I hear something that benefits society in a way that makes sense

[brycethoreson]

Dont everyone think "if the millionaire is doing it I should as well" you are not him, find your own way

[tilosobelman]

Very difficult with 3 kids 2 dogs and house chores and then the wife and I. But I’m trying

[jalen]

Waking up early isn't a "life hack" jfc 🙄