42 Recession Proof Money Hacks (2023)

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.

[NYC]

Money loves speed, wealth loves time, poverty loves indecision 🔥

[TradeBrigade]

"Not knowing how to make $1M costs you whatever you make a year minus $1M" This one is killer!

[andrei]

Can't believe this type of content is free. Thank you is not enough Alex, hope all the good you do comes back to you 🙏🙌

[andrewdonkelly]

Thank goodness you brought this up! The greatest money hack for me is the ability & wisdom to build wealth by investing your money into various decent profitable asset. Ever since I began watching your videos, I've been able to generate enough returns (about $800 on daily basis) to ensure that I and my family are good in these recessive times. Great piece Alex👍

[haydencampbell]

Alex really never misses. So much wisdom and knowledge being portrayed through these lessons.

[Sai]

I reac'hed my goal of $200k yearly tr'ade e'arnings. Setting realistic goals is an essential part of tra'ding

[matthewleszczynski]

Easily became my favourite influencer over the shortest period of time. Love the positivity from this guy 🤞

[seanh]

Love the slider you are using for the lists. This video just felt super well put together.

[kenrickmendonsa]

The amount of VALUE from just one video.. Thank you Alex Hormozi

[joshuaharvey]

I think I've been watching this dude for about a month straight now and it's definitely changing the way I think thanks Alex

[JulesLife]

Your videos are so helpful. They typically give me a little nudge to make a move that I’ve been procrastinating on. Hearing your own idea back from someone you respect gives more confidence to pull the trigger.

[smirnov__ice]

I've come across your content a few weeks ago and it boggles my mind how much I've already learned from you. Not only primarily by the things you say and the information you give, but also by the way my thinking has changed rapidly in this time so that I see more clearly what do in my specific situation. By far the most valuable content on YouTube I've ever seen. Can't believe I'm getting this for free! Dude you're a true G (I suppose because of your first name), thanks for all the knowledge and shared experiences. I wish you the best for your road to a billion ✌️

[dantepepper]

Appreciate you Alex this Recession holds infinity of opportunities LETS GET THIS BREAD

[ledyardk]

4:19 love the quick @GrahamStephan clip!

[nelsonlifts]

that TRT hit different today. Hormozi lookin saucccyyy

[serialprogressseeker]

Man, #6 lit me on fire! “Money flows where the attention goes” is so damn true. Thanks for this!

[JCHansen]

Probably one of the best top anything lists I've ever seen. Great video Alex. The Quality has really been next level lately.

[johnorji]

Nọ. 3 is valid for me. I am learnt applying that principle to my life Willie change things this. Speed over indecision. Take that action.

[stevesmal]

The person who needs nothing has the power. That’s where the money will go!!! Pure Genius

[henrykwan]

Would be interesting to see Alex do a 5 minute video on each of these and provide an anecdote or deep dive