Brutally Honest Advice for Broke 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.

[JGComments]

Jim Rohn used to say that success comes when you work harder on yourself than you do on your day job. And he wasn’t exaggerating.

[GOOSE.]

If you're willing to spend 8 hours per day working on someone else's dream—you can afford to spend 1 working on your own.

[skycaptain]

Thank you for the video. I'm so sick of being broke that I want to scream. And it's because of my bad decisions so I can't blame anyone else either. It's most definitely my fault.

[Simplez]

"Where you cast blame to, is where you also cast power to."

[cynthiamerryman]

I missed my 30's and 40's to my willingness to stay in a bad relationship. To accept less than I deserved.

But no longer!

I'm creating my 50's intuitively with passion, knowledge and love. ❤

[joshuatackett]

Honestly the father figure everyone needed as a child.

[gradoscapital]

"Brutally Honest" is why Hormozi's content is in a league of its own. Thank you Alex for something real.

[juanpablomartinezc]

Alex's multimedia team: These raw videos are amazing. There is no need to edit them, having flashy titles and animations that take days or weeks to implement. You have the fortune of having a person that has so much value to give, that I believe people will watch it no matter what. Having a raw video is my preferred format from Alex, because he looks more transparent and real than ever, I can deeply connect with his life story and his teachings. You're doing a great job. Keep it up.

[kevin-haggerty]

"I can be right or I can be rich". Greatest line of the decade if not more. Thank you Alex for everything dude.

[Colburrito]

How you have not been on Rogan yet is completely beyond me.

[VanessaDoffo]

Single mommy here to two boys working my ass off at a job and at my “second job”. It’s damn hard but thank you for keeping me going everyday. I listen to your videos every morning to maintain focus.

[jaredwarner]

So true about the first $100, 000 being the hardest.

Once you get there it’s crazy easy to double, triple & beyond.

[JulianDebogorski]

“Increase your own approval of yourself”. Love it!!

[nottherealdanny]

I’m 21 years old with 5, 000+ of credit debt and bills shooting through the roof, I am so fed up with the feeling of being drowned and broke that I wanna just punch a hole through my wall but I take responsibility for myself and everyday I seek new ways to make money on the side while working a full time job at the airport. To anybody whose in the same situation or similar don’t give up keep fighting and working hard and use any blessings you already have to help you. Thanks for the video i needed to hear a lot of that ❤

[SFX_]

“People want to master complex moneymaking skills, but they haven’t even learned how to show up on time”

Gold bar.

[jasonweishaupt]

I married a Chinese accountant. Life is good!

[RajBeats]

The best business content online period. Alex your content is like oxygen for entrepreneurs. No fluff, just truth. Thank you.

[Etchify]

“And in the end, it’s not the years in your life that count. It’s the life in your years.”

Love your stories, it's really helped shape the beginning of mine, honestly.

[sidemvc]

Alex...dude. This is the first video I've seen you emotional. Thank you for this. It means a hell of a lot that you're willing to share these stories to help others succeed.

[StrawIsEpic]

Money is not everything and won't solve your mental problems, but when you have none of it, it can be one of the biggest forms of stress