How the top 1% make their money

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.

[dawgg]

Hello, I am due for retirement in two years, I'm a senior citizen but I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $50K per year but nothing to show for it yet.

[TheDuke]

Start with real estate, it's less volatile, lower barriers to entry and is more transparent and easier to understand

[michaelschiemer]

One lesson I've learned from millionaires is to always put your money to work, no matter how small. Even investing $100 per month can compound to tremendous wealth over decades. The key is to keep going!

[AntonioMaurer]

Have tons of respect for you Mate, but I think the thesis on "the market has chosen elastic money.." is flawed. Global governments - have literally mandated - use of their centrally controlled fiat; how is that a "market"? Global governments - have literally mandated through law - that fiat money be de-coupled from gold; how is that a "market"? The US Government - had literally outlawed - gold ownership for decades! How is that a "market"? What many isn't taking into account is that bitcoin is the FIRST TIME EVER, that humanity has had a an actually decentralized money, with a fixed supply. The option of actually choosing a non-elastic money, that has no counterparty risk, has never existed until now, I've been engaged in active trading, which is generally safer, allowing investors to weather market volatility and also managed to grow a nest egg of around 4.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[tamasalmospentek]

The last three minutes are pure gold. Incredibly simple yet relentlessly difficult.

[joelowens]

One key point not mentioned is MARKET CAP of a specific business sector. Some of my SAAS clients sold for 150 million dollars. They were getting about a 30 multiple. If a specific business is growing fast and has very little market share yet many times the buyers will pay a ton on the multiple for the potential growth they see in the market. Shark tank investors mention this about the size potential growth for a business relative to the current market cap and future market cap. Some market caps can be declining, stagnate, growing.

[emekaudeogu]

Six years is good 😊😊😊

This is good stuff. Thanks for simplifying private equity Alex. Truely appreciate it.

[davidcao]

Listening to Alex talking about a $3mil business with $1mil profit value at ZERO is a god dam reality check for us who think we are “successful” already. Whoa.

[victoriancu]

Your business may not be worth much, but making 3 million revenue per year puts you in the 5% survival rate of businesses.

Its crumbs to private equity, but its a gold mine to 95% small business owners and normal people.

[JasonBay-RealEstateInvesting]

next question, where do I get a business doing $1M in profit per year for FREE??

[danbradbury]

I'd love to know how many businesses with $1m in profit Alex has "taken off their hands" for no money down....

[danmartell]

Quality info with nothing fancy👌

Great vid

[Joegolberg]

As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Zachery M Demers’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!

[wzeng]

This must be the best video I came across YT. Thank you for sharing how to value a business and how PE is killing this money game.

[AbrahamSantiago-zosl]

I accumulated a total of 89 thousand today. I am truly grateful for all the knowledge and information you have given me over the past few weeks. I started with 5 thousand 2 months ago .God bless you Deborah

[pixelarcaders]

How the top 1% dislike the video to reduce competition and binge watch

[jaredwarner]

Bringing the heat with this one.

I was just talking about this with my fiancé yesterday explaining my next phase. (Already sold my current business and completing the sale, then into the next)

[SamPiliero]

bringing all this content back to business is awesome, value is crazy. steady building on my end, appreciate all this

[PABLODENOUE]

Please make a video on where the 1 % store their money

[islandendeavor]

He's making it simple to make his points. If you want all the specifics, then go watch 10 hours of video somewhere else.