Why Billionaires Are So Humble (Most of the Time)

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.

[asameren]

He wanted to dismantle a 140 year old historic bridge so he can pass through with his mega yacht. Truly one of the most humble people.

[louiswierenga]

Humbleness often correlates with the amount of effort it took to achieve the success.

[metalslug]

I dunno if hes humble... But hes definitely a sharp guy. I like his ideas and some of his perspectives about work and life.

[eddie.b.]

So the Rothchilds are worth like 1000 bezos

[SSuccessCorner]

This reminds me of the saying “for every level there is a new devil”

[JAWbreaker]

You aren't humble if you don't advocate paying a fair share of taxes.

[alexandersles]

lets not forget bezos is diced to the gills

[jjosh]

They'll all be partying with Jacob Marley.

[Rdreaded]

Come on man, Bezos is the exact opposite.

[dainionwest]

Youre not humble if you don't own the world's most expensive super yacht

[icandreamstream]

Uh, you sure about your thesis there champ?

[tbbart]

Men that guess the character of a man from mere spotlight moments seem weak and insanely ignorant in their approach to reading other humans.

This seems like such a fan boy comment by this beaded man.