How to Get Into The Top 1% Of WEALTHY PEOPLE

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.

[martinlutherkingjr.]

$5 mil in 30 years won’t be enough to buy a middle class house.

[DariusTan]

It all comes back to what you really value in life. If you value money, go for it. 🔥

[lamborghinicentenario]

The calculation is wrong actually if the goal is 5M$

1500$ a month at 9% for 30 years will bring you 2.4-2.8M$, not 5M$, but it's still nice

[will.davlin]

I mean ya the obvious conclusion is to work 6 months a year or 25 hours a week

[uplayulay]

Take that money and start a business so you can actually get rich NOW like every other financial guru did themselves.

[theartofwolfphilosophy]

You are the best bro! Everything you say makes so much sense. You make me feel like I can do it!

[Jayjewelerofficial]

Most people are short term thinkers, so you already lost them when you said 30 years unfortunately, even making 100k a year they will be living pay check to check just to flex 🤦🏻‍♂️

[eamonshields]

The actually inflation rates at least 12-14%. You need to hit at least that to not lose purchasing power. If your yielding a 9% return, your getting poorer…

[MarketingHarry]

Sounds easier than it actually is, but it's really possible if you find something to sell and earn additional cash! 👍

[Mustangkid]

1200/month is not a lot. I do 2000/month between 401k/ira/hsa. I guess I’m well on my way

[kennethporst]

Ok so I just gotta make $2million a year and save $100k a month 👍

[warriordx]

If someone can do this then it should be easier for them to start a business idk any1 who lives a lot below their level of income for 10+ years but a lot of ppl who created successful business from 0 experience

[uplayulay]

Wow save for 30 years so I can pretend to enjoy being rich as an old man 👍🏼

[terrellbennett]

This is hard if you aren’t single. Like for married men that make 100k and have a wife and kids or maybe both work and make 50k each either way, living on 30k year is almost impossible. And if it was just a couple I doubt a women is willing to living on 30k w a man, that’s around 2500 and mean your rent and car have be around 1500 together.

[changenow]

"You can either have your ego and how you look to everyone..." Says this guy,

[vonfibonaccibautista]

Just learn how to trade the S&p 500

[ronbarber]

Or be so arrogant that your going to live to 40-50-60 c Mon this is government wants you to do ya ya put it 401k and or bla bla bla

[TheGhostVillain]

This is terrible advice. U save for 30 years u gone b 50 years old. Nobody gives a F bout a rich old person.

[FistOFrost]

This guy is too jacked to motivate me... he's like anyone can do it and I'm like... says the guy who literally lives in the gym... no thanks I'm out.