What I'd Do to Start a New Business In 30 Days
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- Опубліковано 18 кві 2024
- Want to SCALE your business? Go here: acquisition.com
Want to START a business? Go here: skool.com/games
If you’re new to my channel, my name is Alex Hormozi. I’m the founder and managing partner of Acquisition.com. It’s a family office, which is just a formal way of saying we invest our own money into companies. Our 10 portfolio companies bring in over $200,000,000+ per year. Our ownership stake varies between 20% and 100% of them. Given this is a YT channel, and anyone can claim anything, I’ll give you some stuff you can google to verify below.
How I got here…
21: Graduated Vanderbitl 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)
31 yrs old: Started our family office Acquisition.com. We invest and scale companies using the $42M in distributions we had taken + the cash from the $46.2M exit.
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.
34 yrs old: I became co-owner of Skool.com to help the many people who want to start a business online do so.
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.
![If I Wanted to Become a Millionaire In 2024, This is What I'd Do [FULL BLUEPRINT]](http://i.ytimg.com/vi/VBoRLJimVzc/mqdefault.jpg)
![If I Wanted to Become a Millionaire In 2024, This is What I'd Do [FULL BLUEPRINT]](/img/tr.png)
To get started for free: www.skool.com/games/about?IFpHasZ7jN4
Damet garm dada
Thanks for such terrific content!
Best ad for Skool I’ve ever seen. My mastermind group uses it to great effect.
I've been on Skool for 3 years now. Best decision of my life! Skool Games is epic
thanks
this is waaaaaaaaaaaaay better than explosive visual videos, I like to watch and listen carefully and be able to focus without disruption of effects (sound, visual)
My kind of people
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
Agreed!
@@aarongoldsten2913 Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
YES 💯
"Look at what everyone else is charging for, make it better, make it free"
Massive 🔥🔥🔥
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
@@victorgorleku1035 both. and I'll advise you get both
@@victorgorleku1035c.
Too bad it's not free, it's $99 a month. Still less than a college with 100k debt and no job at the end
You just need 100 dollar a month and you should be okay - now a day 100 dollars is nothing
My wife and i net worth was 62k april 2020.
Just hit 550k this week.
DAYUUM, how did y’all do it?
@@personalwork-cc8vf @AmeliaJason11.. that is it ©凸
Can I ask what line of work yall in? That’s inspiring asf
That's sad. You should get a life coach.
@@MJBclassics?
Now THIS is the content we need: Zero flashy effects. No jump cuts. I LOVE the part where he slowly walked back to the chair and motioned the camera down, no cut. God that got me fired up. I wish he would just take off his flannel, then his tank top, but ever so slowly. Then his shorts, then the final reveal. Uncut, just raw content. God this gets me fired up for business.
🤨
wut.
😂
Ayo what the fuck
Dafuq
Liked the video when I saw no jump cut. Alex slowly getting out of the chat and walking over to the board? These are the videos I’m here for
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
Equally slow sit down. Just did leg day…:)
@@victorgorleku1035
A and B
Love how the title went from "Rich Businessman Explains New Way to Make Your First $1" to "What I'd Do to Start a New Business In 30 Days"
The first title was off brand.
Split testing
@AlexHormozi I think you're missing something. There's already a company that's disrupted formal education and where everyone goes to learn stuff. It's called UA-cam. Case in point - was just watching this UA-cam video the other day about this kid in Africa who had no access to coaching or formal education, learned some skills on UA-cam, practiced and honed them to perfection in his own backyard, and eventually got himself a spot on the Olympics team. And this is happening in every industry.
UA-cam is informal and doesnt help track progress. It’s good for bite-sized learning and if you’re really motivated it can be a divine source of knowledge, but most need more than random videos to truly grow their abilities.
Compare learning something like math on UA-cam vs. Khan Academy, especially with AI tutoring, it’s another ball game.
Makes a lot of sense to me the way the logic flows on this presentation. I can use this same process adapted to my industry to educate the total addressable market to a suitable solution which could be my service and then onboard them into my skool group at same time once they choose me. Very cool stuff.
Great share Alex. Thank you for explaining what Skool is and best ways to use the tool set!
I have been watching your vids for a long time and this one will definetly send me to the skool games! I''m fired up !!!
Appreciate you putting me in the thumbnail💪🏾keep going
I knew I wasn't crazy 😂😂😂
WE LOVE YOU VON
Yurrrrrrr main reason I clicked nbs
big ups never thought I’d see Vontoocut x Alex Hormozi 😭😭
Nah that’s crazy🤣🤣🤣
Here before the title change
Here before the thumbnail change
@@altama5hHere before the comment change.
here before the comment gets deleted
😂😂😂
Here before it matters
You can tell how excited he is about this. It’s a different energy from his other videos. I’m looking forward to seeing this play out
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
Brother I'll like your content before watching because you built trust that you'll give 100% genuine content, thanks a lot.
Wild.. I'm doing exactly this - gamifying health and fitness. I made a discord sever for my community. I have my courses elsewhere.
It's really annoying being broke and having such a big vision.
I'll join Skool asap and build this foundation properly. I have one of the best communities ever already.
Thank you for doing this. I really hope I can ride this wave and not have it crash into nothing.
👍👍
Awesome stuff as always!
Love these kind of videos, man. Please keep it up! Everytime I listen to your videos I take a piece and apply it to my business. And I am in the professional services world (AEC). Thanks again!
Man this is the best ad I’ve ever seen Alex!❤
Love this. I've got 3 influencer partners currently and am building out my social media business. What a blessing
Great video Alex
Really Insightful.
Thanks Alex. Much appreciated 🙏🏿
I kind of wanted to watch a video about some things how to start a business, but now I know that I'll definetly try it out.
Whatta flex this video is on the skool partnership 😂 absolutely frame breaking an epic to watch Alex’s journey
My wife has a salon and offers in person training for 5k, and 7500k for 1 on 1. It's 3 days long. She holds usually one per month with 2-3 girls in each class. We went to NYC for a 2 day training for her at 4k with a guy who's big in her niche - and he had 150 girls in there, and she said his training was unorganized and pretty bad overall. Shes built a nice organic following of real people who engage. She got her ig hacked and built the new one up twice as large - so I'm definitely trying to nudge her into marketing much harder into the training in larger class sizes. We're in Austin so I think UT and Texas state would be a great place to focus on. Particularly the undergrad girls with undecided majors.
What Kind of salon she has?
Great video - I didn’t know nothing about skool but now I know a little more about it, can’t wait to start my business using the skool platform.
This was the first business I ever tried building. I had the EXACT same idea as Sam. I decided to change direction, and I'm glad I did. There is no way I could have outcompeted Skool with Hormozi backing it. 😆
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
B Finished Leads, I am half-way through Offers. Now I'm at 89 Discord community members and soon I want to offer something that will help them.
Always Valuable Content 💰
I like when u make simple vid like this then Boom bang shang dang all effects and edits. Just You and Raw Talk throughing gems.
I agree with your assessment regarding "higher" education. I went to school for engineering but since the school decided too many people were in the class in the last year, they arbitrarily decided half of us were not going to graduate. There was nothing we could do. No amount of work no amount of extra work no amount of anything would make a difference. The only things that made a difference is if you were previously an engineer in everything but the title, you were a math over genius, you "shared" your work which was not allowed typically, or if you outright cheated and your Daddy's company donated to the school then you were safe from getting in trouble. For real this happened. There's no legal recourse, the dean refused to see me, the vice Dean blew Sunshine up my backside and tried to convince me to enroll in another program. Most of the instructors didn't care and some of them really just hated people I think.
I advise everyone to AVOID post secondary education because it's a rip off!
That's just insane! Wow. What school is that?
Teaching us valuable information and at the same time introducing to us the foundation and concept of his new Business. Information and marketing his business.
This man does not miss. Unbelievable. Hats off to you Alex. Inspiration in the flesh.
One of the best VSLs I’ve seen in a minute because it doesn’t even seem like a VSL
yep. its genius
@@KaiGuyGD super
@@EmilyAnneMarie i didnt even realize it was a VSL until i read this comment haha
@@djkwemo righttt
What does that stand for
No distracting motion graphics and sound effects. Thank you editors for not doing so much editing.
Agreed, those make it so annoying, I guess they attract tiktok attention span kids
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
I am never disappointed with your content!!!
Thank you for walking through the process of investing with a specific example while also not sounding like a sellout. That is a fine line to walk, and Alex nailed it!
Wow, I learned so much from watching this video. Thank you! Recently, I stumbled upon an ebook that is supposedly canceled on all platforms, titled The Hidden Truths Of Wealth. I am still in disbelief about what I found there. I would have never thought that such marketing secrets are kept hidden from the public.
Where did you find it?
where can i find that book?
Borlest ( I found it there, maybe it still exist there idk )
For real that book is insane, so underrated
Alex, the discovery option of Skool, which i didn’t know existed and i have my own skool community for a few months know, should be a huge USP for skool. Very underrated piece of the puzzle.
Quality content
44:22 Actual Advice Starts Here
Thank you 😂
I like this new Hormozi! I didn't mind that super fast talking retention editing style, but this is just better. Thank you!
khan academy requires a shoutout. Alex, you should look into acquiring it.
Even without the next step this video is fantastic... Having that next step makes it invaluable! Thanks so much for sharing your insights and posting!0
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
Thanks Alex this is fun knowledge!
Dude, skool is so addicting ans so fulfilling at the same time :D
I said this same thing..
I wanted to open Missouri's first marijuana trade school in 2021.
We opened a company that did all the trimming, topping, ect ect in their grow, and I wanted to teach these individually, so people could go out and get a job in the industry. Everyone was trying to get into the industry some how. I had all the teacher ready, class schedules, then we lost our largest contract; because they started doing it in house, and it all kinda fell apart.
As someone with an audience of 500k on TikTok, Mr. Bird will start on Skool because of this video, thank you Alex, you are incredible
Alex provides such great information to so many for free. I'm deeply appreciative for his content.
Thanks Alex. However, this felt like a long AD for Skool. The title is very misleading!
I have a bro-hunch that if you tripled down on Skool having the capacity to bring in more leads to companies through business discovery/ or inner-platform methods (becoming its own facebook, becoming its own instagram, becoming its own youtube, etc)... then it'll skyrocket over other platforms like GHL/ CF
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
Interesting can you tell us more?
What you mean with GHL?
8:56 will ai deepfakes “disrupt” this golden bebe? I’m interested in nft/crypto streaming plus this
@@personalwork-cc8vf Go high level or click funnels
I love how Alex is able to explain things in such a simple entertaining its
(also funny to see how big bro is compared to the whiteboard)
It doesn't make sense though. He's talking about starting a skool page, but you already need a business to know how to teach anyone. Nobody in this boat would be using skool to make their first dollar. If your starting a skool page and you haven't already made your first dollar, how is that not a scam?
bro his back takes up half the board lmao
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
Here befor the thumbnail change..
goated comment!
Well the titel has changed :)
If creating more business owners is the goal, the smart thing would be to create a way for people to start a business at zero cost, but you take a large percentage of their eventual income. Skool is only going to attract hustlers who make courses, but that’s
I genuinely feel like most people have no idea how much money making a 1+ hour clip costs those guy. One of the few people on here that actually follows their own advice. Thank you mozi ❤
"Business skills to feed themselves..." highly beneficial :)
This sounds awesome I’m listening 💯💯💯
I’m in the AD part and already know this is gonna be 🔥
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
Love the content, super nit at 10:05
So long as your numerator is bigger than your denominator, you'll double. There's nothing magic about 2/1, it's just your growth rate. 10/1 will also double, but faster. 1.1/1 will also double, but slower.
If you're growing 10% MoM, it'll take ~7.4 months to double.
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
Always dropping 🔥🔥🔥
This dude is on another level
I hate school too but hair education was a bad example. Licensed fields where you touch other people incur big liability for practicing unlicensed since you can't get insurance if you're not practicing within a license.
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
VonTooCut in the thumbnail! Aye ayeee! 🔥🔥🔥
I know math and I can tell how passionate he is about math, he definitely knows way more math than what everyone thinks 😂, keep the good work!!
Can't wait too see how these buisness methods can be used for Lowe leverage opportunities. I plan on making comic books and want too learn the copy writing, social media marketing to help promote it.
I like the idea of trying to get popular channels to do fan art as promotion
Alex is such a gem to the every day W2 employee that wants to take it to the next level. It’s just so astonishing that he’s giving all of this information away for free.
Part of me is waiting for the “punk’d” moment.
One thing Alex forgot to mention was that the Elearning trend tnat he pointed out was for the U.S.A. obviously E-learning is world wide which means that the growth potential there is likely much larger than what he pointed out.
I'm pretty sure this video has changed my life ❤
Eyy! That's me on the thumbnail :D
Love your AI content man
Great advert for Skool
On my list to watch🙏🏼
This is pure gold.
Looking forward to watching
Just to nitpick lol, The two guys that Alex mentioned who partnered with an influencer. That guy initially only had 6k followers not 50k (Which makes it that much more impressive) I loved this video and I am actually going to reach out to my first influencer today! Thank you for the tremendous value Alex and Skool ROCK!!!
What did the influencer promote
Bro delivers value and drops great advertising for his business at the same time
The challenge here is "certifications." If you figure out this model and being able to have a great certification process for people who have learned a skill business or engineering as an example, this education stuff will take off.
I like the slow paced
Hey alex out of curiosity. Have you tried blending your skool structure with a traditional school system. Instead of coaching class its a teacher per certain amount of students. This will require alot of teachers but a class of 20 for example you can incentivize top teachers and reward them for improving performance also every student will be aquired by acquisition eventually growing exponentially by referals and students
Wish you all the best : Salud 🥂
So excited about this.
Pretty new to Skool and liking it so far.
Thanks for everything you put out Alex! Nobody else does it like you. You’re an inspiration and mentor to so many of us! Keep up the good work brother!!!
Cool breakdown!
Are all the skool tools available outside of the US? In the sense that would skool be useful for a product business that sells physical products outside the US?
Love these videos
College dropout here.
Was able to make it to a 6-figure salary 2 years after leaving university.
Now, I'm consuming online information & business books to help me create my first Million through entrepreneurship.
Super proud to be a dropout ❤
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads
@@victorgorleku1035 best of luck on your business, man. I've read B, $100M Leads, and half of $100M Offers so far.
@@victorgorleku1035 I've read $100M Leads in full, and half of $100M Offers. Best of luck on your business!
Hey Alex, I have a sales funnel business to help realtor’s organize their database and need to get it off the ground. I read Brunson books and have some skills however what can or you recommend one takes in the skool platform? What vetting do these creators undergo?
Thank you editors for not including any crazy edits
Your literal name should be Skool. Every where you walk you give the keys! 🔥🔥🔥🔥
There is a place people go to learn stuff, its called youtube. I think they have captured the real market. Yes, people are still going to school, it's just not where they are learning the most.
I want to start making money in skool but its $99 a month and i feel like by creating a free program starting out to get people to join will make me lose a ton of money
Alex thanks for this, I owe you one!
Accessible and democratized education is the biggest hope to take humanity to the next level! No doubt that this will help and change many lives.
I've been saying a business like this should exist for a few years. Never knew skool existed.
I’ve been teaching online for 10+ years and I hate teachable kajabi all of them. I’m really hoping Skool can be the thing so I can be done toggling between platforms that suck in some form or fashion. I’m in Alex!
skool is not a place to "learn" its a place to SHARE knowledge
for those who wonder what the main gist of this vid is, here it is: Alex is the best sales person of his own brand/business- in this video he's trying to convince people to go sign up on the skool platform even if they don't have any business idea or a course yet. half of this entire 1 hr video or more is a SALE PROMOTION OF HIS OWN BIZ.
And you're tied to this platform
Okay, for starters, that is just objectively false. There is a huge amount of value to be gained from this video if you actually watch it without the preconceived notion that Alex is trying to sell you something. Secondly, even if Alex was trying to sell us something, at this point, surely the guy can throw a pitch at us for crying out loud. He has given hundreds of hours of free video, thousands of independent testimonials of people who went from zero to at least six figures from his free content alone. But no, you had to ignore all of that and write your little, small, snarky comment about Alex being a good salesman and this video just being a sales pitch for his company. Bravo to you, dude. I think you're going to do very well in the world of business and money-making.
Your point on formal education I agree government has propped it up via loans... but interest free loans for 10 yrs wasn’t a thing until Biden's SAVE plan that started last Fall. More like 6%+ loans back when mortgage loans were under 3%.
Alex has entered the GOAT conversation so fast it makes my head spin... I'm not saying he's THE 🐐 but seriously, who makes better content right now???
I think online education has its own space in the market forsure but i dont feel like it will disrupt in-person universities and colleges like you might expect. An attractive quality that i think a lot of people nowadays go to in-person school for is the immersive experience and memories that people make along their educational journey. Isnt that what lifes all about? Making memories youll remember. Its fairly well known now that a college education does not mean what it used to mean 20 30 years ago, yet ppl are still sending their kids to college. I personally went through two years worth of classes during zoom covid and i cant tell you one memorable moment, it felt like a blur and it was hard to connect and make meaningful relationships w fellow students online. Thats why ill prefer getting an in person edu > online. What do you guys think?
Yes, finally a video in the right order. Not "make a $ million dollars from 0", but start with the first step and move forward.
I know right?
This is awesome thanks
Hey, I’m trying to start a business to help mozination members who’ve read at least one of Alex’s books?
Which one have you read?
A. $100M Offers
B. $100M Leads