I emailed myself all of my failures for the last 5 years...this is what I learned..
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- Опубліковано 24 лип 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 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)
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.
I can't even put in words, how much I learned from you since I discovered you channel. Thank you so much again for all the content that you're putting out, also in middle of reading your book ( top 10 books that I've read so far).
Hey Raz! For me Alex is also absolutely insane!! What other top 3-5 books you like best..? Thanks in advance if you find a minute to reply! For me - Principles by Ray Dalio, Road LessStupid is INSANE!! Who, not how also TOP TOP TOP!
What he said...💁🏾♀️
Word!
I’m 44 and my 19 yo son introduced me to you, I’m so happy he is getting this kind of education/inspiration/advice on top of his college courses that is helping his personal growth in so many ways. I hope you are aware of the impact you have in your audience and experiencing tons of happiness because of that 👏🏻💪🏻Your Chanel is by far the best in this and any platform. The way you are evolving and helping others in that process is just amazing.
I got your book and give it my hubby,he read it, took notes and made his whole business plan based on it.
Your 85 self is very proud of you for sure.
Thank you Alex.
Wow I'm 22. Do you have any advice or mistakes for me that I can prevent doing?
BEST comment I’ve seen. Agreed.
The fact that your son showed you this tells me that you have a great relationship with him. Good job as a mother!
@@vimalcurio I say take all the risks you can since you’re still young brother. Don’t gather debt doing that though.
@@vicewillnotprosper yeah sure thanks for calling me brother and don't worry we don't have debts here in India lol although I'll move to Portugal with my gf after I'm successful with my business.
I have been waiting for this! I watch this every year!
Thought this was a fake account but it's actually BRANDON CARTER!
Amazing content as always, right?
come back to youtube BBC, we need you brotha *pause *
yo it's BBC
@@Christian23724 i thought so too
Bro honestly I’m glad every time Alex uploads a video it’s like a new episode of your favorite show just came out
I can't believe this was free. One of the best videos on UA-cam.
Bro this is such fire thank you for completely reframing the context. I’m so blessed you show up every day to give back to us out here chasing the cost tails of those ahead of us like you .
Can’t really describe how impactful this hour long video was on me. Appreciate how you just laid it out there. I think the casual way you present it sometimes makes me forget a lot of what you shared came at a personal cost. Appreciate you sharing
Alex, thanks so much for sharing on these topics. This video is much a conversation piece I think I’ll be watching as a compass of value for the rest of the year. Thank you for being a positive influence for countless people including myself. Have a wonderful year and beyond man
Dude, the value on this channel is actually insane! Thank you so much brotha, you’re a gift!
This is probably the most insightful podcast that I’ve listened to. Perspective is so profound!
I need to mention that it amazes me how intelligent you are at your age. This is just incredible. Your knowledge and experience are just next level. Always glad to listen to you talking. I'm very happy to learn and I hope one day I will make a step to truly benefit this knowledge.
Thanks for doing these Alex. It’s like having an amazing coach who is very accessible and free!
I'm very grateful for you making these videos. Many things you say speak to things I've been going through and learning aspects of. I'm blown away at how fortunate you are to have the success and wisdom that you have at your young age. Though I'm only 7 years older. Your videos are truly appreciated and I've only watched a few thus far. Even if you stop now, your offering is highly valuable, no doubt to many people. Very interesting how the old game used to be giving as little as possible. Being the last person to give. Hoarding as much as possible. And you have done the opposite and are setting a great example. Not only in the sense of a successful person performing an action; notably because the virtues of this are self evident.
Man, I find myself this year divorced, my son is 18 and is always busy with friends and work (very proud of him) and I'm 42 years old. Your videos have me thinking bigger and realizing I can move forward and try anything I want. I'm battling analysis paralysis but I'm excited to do more with the rest of my life. I appreciate all your videos.
You can do it! ONE foot in front of the other. Slow steps work!
I love the new tone in your voice, this has made a big difference in receiving your material more clearly and with more love. I am an avid fan of your chronicles, I appreciate you for serving in the world and for giving so selflessly. Thank-you so much, Sharnee, Adelaide Australia.
A fellow Aussie! Woop woop!
Bro I just found you recently. You’re giving the MOST PRACTICAL value in the market place and you have nothing to sell us.
Thank you. Great talk and advice. I rarely if ever sit through an hour long talk on youtube. But you had me spellbound.
This is truly an amazing video, thank you for sharing! Really gave me a great perspective on life.
Thank you so much for generously sharing. I enjoy absorbing the wisdom you’ve gained through experimenting with life
I would say this may have been the most practical and helpful video I have yet to ever have watched.
I will be saving this and re-watching on occasion.
Thanks for all the awesome content you put out.
Thanks for this video, man. So many of your hard learned lessons here. I appreciate this sincerely.
I'm blown away at how densely the value is packed into this video. Will need to rewatch and take notes.
You are an amazing person Alex. Seriously, you are unlike any other online “coach” “guru” that I’ve ever met.
thank you brother for the info and video. always looking forward to the next one. Sending love frim Bayonne NJ
Mozi Nation should organize itself. People who gravitate towards Alexs' content probably have a lot to share/in common
I dont mean this as a Alex Hormozi fanclub at all; rather that business owners and thinkers in général who resonate w his content probably could bring à lot to each other. Like a leaderless Mastermind or something.
I suggest you start it.
This is the best time in history to be alive, the content you put out is free and vastly better than Uni degrees that cost 10s of thousands of dollars. I can’t fathom how helpful you really are!
You’re built different my friend. Lots of knowledge here. Glad I found your channel keep it going man.
Such an underrated video!!! All the value!
As always incredible. Not sure you even take the time to read any of these and likely don't but thanks for all you do for us.
The amount of shared wisdom from one video is mountainously life changing
You're such a nice, genuine person. Thank you
Another awesome video, really like this long form content. It’s full of nuggets! Thanks Alex
Massively impactful, Alex. Thank you
This is exactly how I think. I haven't heard anyone else verbalize it. Thank you.
Dude… this one hit deep bro… like woah… thanks bro… also I applied for a job from u but idk if thats my path… to work for someone else… cheers anyways thanks Alex keep it up you are doing God’s work whether you know it or not
This content is a gift. Thank you Alex.
I keep losing perspective and you keep dragging me back and it's incredible the focus your truths provide
Alex you shred man. This is such valuable info and as many have said you flipping rock for doing this; it’s so unique and some of the most raw and valuable content for business that is out there!!
Let me come install you some acoustic panels in this hallway of yours though haha cause my audio-brain is distracted by this mini hall reverb 😆😆 much love
I value this guy. Why? He’s committed to self betterment and learning. And now, he’s genuinely sharing the lessons he learnt with no ulterior agenda. Not only do I value this guy because his values align with values I attribute worth to, but because he is adding value to my life, for free and without deceit/manipulation. That’s value.
You are making the universe a better place by inspiring and equipping people with the values and learnings from your life that’s true and tested; may you live to be a 150 because the planet needs people like you! You are a true gem I stumbled upon that I will forever treasure!🙏🏻
Alex I love your content I’m new but I’m going through all of your stuff it’s great!
^^^ don’t get in touch with that lame bum
Alex your content is of so much value. Thank you 🙏🏽
This is way better than i expected. thanks for making the video!
Preach Alex. So much sense it makes my head explode.
Amazing, thanks Alex!
Thank you ! So humbling.🙏
Soooo unbelievable greatful to have these long form videos of Alex, it is so interesting to view to world out of his perspective
Love the content man, I appreciate you.
This is one of your best videos Ever.
This should be required listening for everyone who ever wants to open a business. I'm 46, retired in Costa Rica and now lend money part time. I shed a tear. No shit.
Great insights and shares Alex, love it and your book too 👊
Thank you for the content Alex!
wow that was seriously so insightful thank you Alex!
Your mind is next level. Keep putting out content!
Alex... thank you for your time. Im a wedding photographer, yet i can't pass up your videos.. so honest and transparent. And i always have many takeaways....
This was super good man, so many insights 🙏🏼
Great stuff. Thanks Alex!
These aren't failures, these are just great pieces of life advice.
I'm 62, been around the block- lots! I don't see a lot of new, I see a lot of re- speak of other things, this was wonderful! I was given the news that my bride of 31 years is dying in May, and seeing an end to our life together at such a young age makes this stuff really ring! At 65, she wont be here, time becomes a real bitch. The lessons of time become Gold. Thanks so much for posting, and sharing your stuff with us.
This comment really touched me. Shed a few tears and gave my woman a hug and told her how grateful I am for her. Thanks for the share and I'm very sorry for your loss - it must be incredibly difficult. I hope you both make the most of your time together and you find strength in carrying on without her. Sending my love and thoughts to you both
Your thought processes are very respectable, and I commend you for sharing your knowledge with the world!
As an artist, learning how to make a living with your content, this moment 24:32 is awesome. Very wonderful insite i forget all the time. Thank you for these vids!
14:47 i love the concept of inverted thinking, thanks for this
Brother; you are saving lives and humanity. Thank you, I owe you.
Thank you Alex for bringing one of the most authentic, true practical ideas and concepts that make a difference in our lives that is something rare you see this kind of content quality with small amounts of filters not the Popular fillers in the business books and fake Gurus videos and the same old unauthentic unpractical basic knowledge and wisdom from a guy who is the first motive is sales and revenue without bringing true quality value to the world, thanks again for the authentic content and keep up the good work sincerely Mohamed Abdelbaset
You are amazingly intelligent! Always a vibe tuning into your psyche
Great stuff
Second time listening and that lesson about documenting not creating for social media is awesome advice.
8 minutes in, this guy is blowing my mind. Love it
Thank you Alex for this incredibly valuable video, we learnt so much from it!
Blows my mind every time you talk about how no one will remember us after we die.
Thank you Alex!
Mersi Alex you always give a ton of value!❤
Wow thanks sooo much for all your content and videos ❤️🙏
The 4 Cs of leverage is golden 🔥 - Collaboration, Capital, Code & Content
I can't wait to get to your level... there's a lot people I want to help
great video mate ive been listening and working hard! Im ready for round 2 of Hormozi
this is epic work you are doing Alex. Thank you
thank you for sharing your wisdom. it is very appreciated.
I freaking love how this man relates to me! I would love to somehow get him to see some of the exotic wooden purses I make. I put my heart and soul into it yet nobody knows of me because I'm stuck building spiral staircases to pay our way through
Do you have Instagram? I'd love to see your purses!
@exoticmillworks just added it to my 24hr story
@@trapkingdom1877 Thank you!
Thankyou so much for this content!!
Wow a lot of insights!
Amazing! Thank you
I have read your book "S100M Offers". So many useful things: The value equation, how to create a strong offer, how to strengthen your offer. I will definitely be re-reading this book.
Thanks for sharing your work. You are an inspiration 🙏
Your intention is a breath of fresh air, thank you:)
Do a podcast with more plates more dates!
I always was wondering who got bigger delts so I'm in for the collab. Though Id rather see Alex at Joe's pod, cause mpmd podcast would be probably too supraphysiological
PLEASEEEEE
This is a great idea!
Yes
Yeahhh please!
Beautiful🙏🏻🙌🏼☀️ wish you the best always
Thank You! You're a Bless!
Taking your free course on your website! Crazy good content. Hope you get the others up! I have a goal to hire Alex!
From Brasil Alex, I love yours videos! It's crazy and amazing
Amazing! Thank-you!
It's excellent to learn from other peoples failures to maybe shorten the curve, which may or may not help (I caught myself repeating mistakes) some pretty deep stuff here to contemplate.
Fantastic video with many excellent points, I myself have always been a massive fan of the long time horizon and it's how i've thought about my business since day one. Been a really long time since I watched an hour long monologue type video not including podcasts.
Some of the best advice in the game!
always dropping gems
i find so much value from here
Shortest video i've seen from you so far. Thanks.
Merci agayeh Alex, as a young 20 yr old that aspires to be "rich" and "successful" watching your videos inspire me to kick some ass. I can relate to you on a personal level from being a Canadian born Persian.
Appreciate this! :) Take care
Ogilvy quote about 80% is the headline or , work on your frame, was brilliant. Thank you so much Alex, truly.