How I Manage 500+ Employees (My System)

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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 1st 5 minutes was gold, thanks. I haven't heard it explained that way before.

ORC
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“Motivation comes from Deprivation”. Lot’s of leadership training in my background and I’ve never heard that simple and instantly recognizable truth. That one line makes the concept of Motivation SO relatable and easy to understand!

True Gold right there!!

AscDrew
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6:00 It's the other way around - most of us are disincentivised to give these sets of instructions. You're seing it this way, because every time you had to give this kind of input you were in a position of terminal escalation. This system was integrated precisely because you've put it in here and demanded that it be followed. Maybe not explicitly, but even if it just so happened that way - if every time something happens unpleasantly, and every time it escalates to the highest authority, and that authority does this one thing every single time, it creates an expectation that this is how it should be done.
This never works from peers. This never works from subordinates. Unless you have the authority to change a person's life, this kind of feedback wouldn't be listened to. Not saying that you have to be someone's boss, but only thing that gets sold at the stores that guarantees to emanate this kind of life changing effect requires an ATF screening

Mordewolt
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This dude is a fucking genius I really like this dude

calebCastro_Rangel
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Popular psychology:
Identity -> beliefs -> emotions -> actions -> results

Alex:
To do list ->results

KlaasVictor
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This is epic. Will add this in for my red shiny dress and our VA agency we built out of our 50k clients

JeffTheEntrepreneur
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I actually don't think the title of this video conveys the depth of knowledge that was given here.

Loving these new uploads.

NHammondDesign
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Please make a video about bundle terms.

jmoraispk
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Take away, being specific when giving feedback. Do not use generalized terms like “you are a jerk” instead of these things to improve, listen, look them in the eye. Repeat their problem back to them so they know you listened. Thank you.

scottkidd
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What is described in the video is still psychology, and it is knowledge found in parts split across books, some of which Alex has recommended in the past - or the internet says he has.

name-gjfz
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Hey Alex, just to give some feedback. I find more value in the videos where you do case-studies or explain concepts than these skool recordings. I think you could take the stuff that you say in these skool meetings and turn them into videos. That would be 10x more valuable.

officialjulienlaplante
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"forget about the words, everything is a to-do list"

KlaasVictor
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Great video about managing and review after the task was assigned, but how do you plan the project? Do you use scrum or PM system ?😊

magameddoka
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"soft skills are bundled language" 🤯

KlaasVictor
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We’ve got Alex Hormozi in trousers before GTA 6

consultingwithaaran
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The potential of Alemio Network's AI-driven investments is worth exploring. Presale entry point

BGNiyo-fgez
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holy shit balls, you're so precise in your explanations, makes the whole world make sense

Alphfirm
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I‘m a simple man. I see Hormozi uploading a new video, I stop what I’m doing, sitting down, putting headphones on and start listening.

nikoschaffmann
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10:41 the question the gentleman asks about where to learn more about this type of psychology can be found in the book courage to be disliked. I don’t know if Alex has read it, but the themes are very similar.

RyanSaplanPT
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Is this the video where you skipped the intro. Just my intake, it made it really confusing so 20 seconds in I had to restart the video so I could actually process what you were saying. Just some feedback, you can tell me to shut up if you want

itswesleyspeltz