If You Have Less Than 100,000 In Savings This Video Is for You

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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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Walks into the room, sees David Goggins. Oh fuck.

christianbarnett
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Doubled my coworker's output. They gave me more work and I still get paid the same.

ZachMcElroy
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Ah shit, I never knew it was THAT easy to get 100k, and I never realised I was broke if I didn't have 100k

oliverwood
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It’s crazy people can make videos like “wanna get rich? Step 1 stop spending money step 2 get a better job step 3 profit” and people are like wow great advice

Absinthexx
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6. Stop chasing money, it doesnt mean as much as you think.

thomasvb
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Building skills and finding a higher paying job needs to be expanded on. Those are the hardest things to do. Even finding side hustles that you can do another job can be incredibly difficult.

cxa
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You know what happens if you're the most productive person in your department? The company you work for will promote someone else because you're too valuable at your current position. Also, I had no idea spending less money means that I'll be spending less money! Great advice!

ITZaGiraffe
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Basically live miserably until you save 100k. Maybe you’ll finally feel happy when you save that 100k

broodp
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Great tips on how to stop being broke and yet somehow still be miserable

codybennett
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Does this still apply to people who only have 100, 001 in savings

gary
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If you have less than 100k in your savings
My bank account: $13.37

The good thing is i already do all this, and am the hardest worker... 48 months in...

Odin
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the hardest workers dont always get paid the most

Fatelvis
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Work for 100 hours a week and then you’re good! 👍

vitaminme
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I agree with some of the few earlier ones but:

“Walk into the room and find the hardest worker and double their effort”

Isn’t that how suicides happen in Japan?

Also doing that when you’re new would just make you a target at the workplace

How would you build meaningful relationships to grow further or expand your network if everyone hates you for trying too hard?

I think it would be better to find the hardest worker in a new workplace and learn from then on what they do well and effectively in their role

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A lot of what he says makes sense, except number 3. People with money don’t go to “free friend” events. If you want to network with people who are successful it’s expensive, no easy way around it.

jeremyepstein
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Or be happy with what you have, be involved in your community, and live with gratitude and humility. Have a beautiful day everyone ❤

johnnyrodeck
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Great advice. It's easier said than done tho a lot happens in 36 months of life. I'm tired of hearing the same thing from people who have lots of money and make it sound like it's so easy. I've been trying to level up for a while now but it always feels like I'm stuck spinning my wheels

achillessproles
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Calling someone with $90 k "broke" is overstatement of the year

Wistbacka
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Why would you hold onto a 100k? Put that stuff in the market asap

bozman
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Last step is key: patience 🔑
You reap what you sow

jacobamezcua
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