3 Ways to Do What You Love (and get wealthy too)

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.

[sleepconcentrationmeditation]

Alex has the gift of making everything so simple, it's simply brilliant.

[SchaneJohnson]

Most helpful channel on YouTube for entrepreneurs. Can't thank you enough!

[skycaptain]

I love how he sounded unconvinced that he is actually 33

[AnujaNeth]

This video helped me so much man! Can't thank you enough for all the value you're providing Alex. Wish you de best bro❤

[LaynoProd]

I started as an artist and in the middle of becoming a hybrid as I learned more business skills, but I still want to do what I love which is music, and Im glad Im learning and meeting people that are helping me level up my craft and my business, thank you Alex for this great video! The lesson Im getting here is to continue making the best product aka my music and visual art skills in order to get word of mouth referrals that will scale my marketing and brand

[berkler]

I asked for this video a few weeks ago. And got it! Thanks for listening to your audience and making them great content!!

Gotta go hit the calves only workout ✌️

[stevensantora]

Thank you so much for all the free content Alex. It's truly life changing, thank you.

[BK-iyjj]

Thanks so much for sharing this with us 🙏

[rockyblumble]

Thank you Alex for this video. Your advice is incredibly helpful for people like me who want to get into business but have no idea how any of it works.

[drewfavre]

This is gold! I’m right in the middle of being an artist and entrepreneur. I love my craft as an online fitness coach but the longer I’m an entrepreneur the more I’m falling in love with business.

[WealthbuilderzTV]

Man your ahead of your time. I appreciate how you made business into a art. Thank you for this video.

[MahfuzohMuhammad]

Finally we have someone who talk about business with real passion.

I have retired from business 2 years ago.

Listening to Alex makes me feel I want to reenter the business world.😅

[SarahBenjamin-xcxo]

<<<I am so fortunate that I made productive decisions about my finances that changed my life forever. I am a single mum living in Toronto Canada who bought my second home in September and is hoping to retire next year at 50 if things continue to go smoothly for me>>>

[waterfoker]

Alex has a gift of explaining concepts in a relatable and practical way

[laczkodaniel]

OMG Alex. You cannot imagine how much you've helped me with this video. Not just you, I also wanna thank to Leila and a whole team too. Recently I've been thinking to start my own business. And you've just helped me to realise that my conditioned mindset was trying force me into the path of the artist, because of my background. But actually I have a clear desire and skill set for being an entrepreneur. Thank you for sharing this perspective, it gave me so much clarity. Thank you very much

[mjones]

i love how you explain things, thank you

[blueicer]

I feel like alex hormozi's main advice is after leverage, and volume, is that word of mouth is so good because of the 6 degrees of Kevin Bacon.

[grisselhair]

I’m so excited. I’ve been doing the art for long enough now in the luxury market. I’ve developed my product and it’s amazing. My clients are going to help boost it because it hasn’t officially launched yet they are already asking for more. Hybrid is the way for me right now thank you for clearing it up so I know how to structure it better.

[drhuydc]

One of the more relatable videos you have posted, love how you incorporated art and business. It helped me better conceptualize my career path as an artist to gauge how much time and effort I want to put into the business side. Watching this made me realize I want to focus on the art and delegate tasks where I lack in. Much love and keep up the good work!

[realtybydrc]

Love the delivery. Great suggestion and ideas.