Always Be Ready

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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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The payment thing is 100 percent true. Square reader accounts for a 1/3 of my sales.

Note_Creator
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"As soon as the customer says they'll give you money, shut up".
Best advice ever.

Usethebooster
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Bro didn't get the 20 bucks, but he earned much more in knowledge from this encounter

johnwick
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That kid learnt more in that interaction than any course could ever teach him. Action always beats theory

jonathanjohnson
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I’m in sales and I know exactly what he’s talking about

nsmith
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I have learned the hard way too, it sucks but its the lesson that makes you better, take your L's (Losses and Lessons) and never repeat them

RichardNzBanda
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Not having payment processing immediately available is literally why yesterday I lost one of my business' sales. Not the first time over my years, but definitely but not a habit. 😅 (In my defense, I was just opening and hadn't finished setting up before I got zealous and pitched immediately) Wish I would have watched this as a yesterday morning.

brenttnelson
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Yeah I been putting out too much low quality pieces of content only to receive no real return, real aha moment, to be real . Thanks Sean . ❤

Chvz_On_Socivl
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Kudos to you for giving the kid legitimate advice.

Ruggz
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Always be ready, because opportunities don’t wait, they come when you’re prepared to use them

Wisdom-Vision-Mind
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He really wasn't lying when he said you need to repeat the same thing over and over again.

Think I've heard 6 variations of this story so far. 😂 Fair play 😂

Hierosir
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The editor literally put up an electric car while him saying he was pumping gas😂😂

aradadourian
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It’s true I was the guy at the gas station. 😅 Thanks for the lessons Alex.

franciscogalindo
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How about your HQ in LA after wildfires?

ilmiikhsans
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Thats the biggest tip you could have given him.

gillermoramirez
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Then he drove off and ran over his foot.

Alessandro-Colarossi
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He’s not wrong. I just don’t believe this happened

gunnarhuddleston
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Pumping gas… shows an electric car lol

SKF
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Offers him 20 dollars. Doesn't give him 20 dollars. Learn.

TheColdmiser
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I was that kid... I'm now making £20 million every month. Thank you mentor Alex. 😎🙏🏾

jzk