I made $3,000,000 at 27...this is EXACTLY how I did it..
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- Опубліковано 16 вер 2021
- 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.
"businesses are manifestations of what you're already built in yourself"
it's just another artform, pure expression
this hits different
can you elaborate this in deeper level
read the unplugged alpha by richard cooper
@@lucianofrangai9549 read the unplugged alpha by richard cooper
@@kjacob read the unplugged alpha by richard cooper
It's been 6 years since I started my online marketing journey.
1st year I sold 80 tshirts on Teespring
2nd year I made ~$10k in revenue in ecom.
3nd year $50k revenue in ecom
4th year $70k revenue in ecom
5th year $60k in salary managing ads.
6th year $120k in salary managing ads.
7th year will hopefully be the year where I successfully launch my business and reach $50k months.
Slow grind like Alex says!
As motivating as this may be, with all due respect you might be in the wrong market, you should be at 7 figure by now after year 5. Please go back and watch the video where Alex talked about being a highly skilled worker and being stuck in the wrong market…if it wasn’t for Russell Brunson telling Alex to pivot, he would’ve been stuck in a poor performing market
What’s the job in managing ads? Can you tell about this more deeply I hope I could even make a half of your $60K, I don’t have much knowledge about it
@@godiswithus3939 how much you making? Lmao
@@Mohammedalamidi10 I’m doing 50k per month with my ad agency! I’ve been doing it for 2 years now….how much are you making in your business?
@@godiswithus3939 I’m making 10-15k a month flipping electronics. I’m just saying you shouldn’t assume what others should be making, everyone has different circumstances and challenges they go through.
I like to think that I'm a pretty stable guy, but this story had me stressed. I can say without a shadow of a doubt: YOU DESERVE EVERY FUCKING DIME YOU HAVE. It makes me really happy to see good honest people succeed.
He's a gambler who had an edge and got lucky or he's a making it up. I don't know how replicable it is, and also his videos are predatory and addictive to watch. Still, the advice he's giving is good enough to slay it with, so what are you waiting for: only the chosen may enter.
@@tokyospliffhis videos are predatory and addictive? Dude, stop being a professional fuckin victim. Pathetic.
Your wife is awesome by her act of staying by your side. Sometimes we just need someone to believe and walk by our side.
Your grit is amazing too. You never gave up. So many now teach hard work etc..is bad. But hard work works...some may not succeed always through hard work but someone great can succeed from it.
I learned a lot.
This is probably the realist video I’ve ever seen on UA-cam. Thank you for sharing. Russel is amazing at bringing people together.
This is my favorite video of your so far. Honest. Transparent. Thank you for your bravery in talking about the failures. Really Appreciate it.
This is so powerful. You deserve all your success Alex! Good stuff!
This couldn’t have dropped at a more perfect time for me.
I feel the same
me too
everything happens for a reason my friend🙏🏻
Alex, one of your best videos and I feel like I’ve watched them all. The more detail the better. Thank you!
This is definitely one of the best videos you’ve dropped. Thank you for your authenticity!
Man, this made me tear up.. I feel proud to be apart of the mozi nation. Congratulations man! I can’t wait to show you how much you’ve inspired in me!
Powerful story. Thank you so much for sharing!!! Can’t stop bingeing your content and using it in my business. Thank you Alex!
Thanks for sharing this story Alex. Really cool to see how your journey has progressed over time man. So grateful you came out of that crash ok.
Thanks for sharing this story. It's encouraging to hear about the tough road when some people sell the 'easy road' and 'quick wins'.
The fact you perserviered through the failures and disappointment to success without giving up shutting down mentally/emotionally through it all is admireable and an inspiration.
Man, so inspiring, thank you for choosing to record and share this. You're the man.
This is what I was looking for and felt was there. Much respect for sharing man. I was skeptical st your vids at first but the more I listened the more I appreciated your candidness and willingness to share tactical knowledge..
Seriously. Thank you.
Easily one of the best channels on youtube. Your videos are better than any guru course outhere!
This is your best video you’ve put out so far IMO.
You literally laid out the framework of how you went from DFY -> Course/Consulting step-by-step.
Inspiring to hear the struggle you went through along the way.
Incredible story Alex....you and Leila are incredible people...
What a awesome outlook and true outlook.. 23k after selling 4 business's. What seemed as if you had nothing to show for it, however all the skills and charecter traits that you attained from that was able to create over 100k and a new business model soon after that and on to over 100 million in business since. Love it!
This was a blessing video to me ! Perfect timing. I had a business that was making me money and suddenly it stopped and decided to start a new thing almost lost all the cashflow i had to get this new thing from the ground and it failed. So kinda feeling bad these days ! But this video gave me hope. thanks Alex.
Dude this story is fucking nuts. So glad you are where you are today after all this. Thanks for sharing your journey thus far mate
read the unplugged alpha by richard cooper
Hey Alex. From the bottom of my heart, thank you for this video. So genuine, so true and so practical.
This is such a valuable channel, thanks Alex for sharing your experiences and lessons, have learnt so much already.
Your story is inspiring! Keep posting.
Whenever I think you've dropped your best content ever, you drop something like this Alex. Thanks for sharing, 109% true.
This was an exceptional video. How you told the story and the raw truth in it was a gift.
I see so much of my own journey in this, and felt complete and utter disgust on my first major million dollar failure. The principles in which you have stated you learned, or where I currently am learning and have excepted, but I am totally grateful because the money is the easiest part to regain….. The mindset, for some never comes back, I am grateful that I still have mine!
Thank you for sharing and being so real. I rarely post comments but I've been watching your videos of late and I'm super impressed by the value you give, keeping it simple & real and your humility. I'm on my journey and hopefully our paths will cross one day. Cheers
Wow! I can relate to it so much currently in between a similar situation but this story has given me hope that there is light at the end. Thank you so much for this Alex! 🧡
You a baller bro. This is the shit people don’t see that makes the great ones great. Insane
Totally amazing story. Thanks for sharing. Really helped me open my eyes to my own entrepreneurial journey.
Damn Alex! This is so bad ass! This story and you honoring your commitments is why you are where you are today. So Damn Inspiring!
Thanks for being so honest and sharing your story! I'm very inspired. Thumbs up from Germany!
This and all your content, is so fking valuable, and genuine! Thank you, this was so real!
I love stories like this, it connects to the entrepreneurs going through the same struggles in life and business💎
Much love brother🔥
then have standards and requirements and hold frame with girls
Awesome story dude. I really gotta stop complaining about my petty business issues and make Mozi level moves. Thank you for sharing dude. 🙏🙏
have watched every single video. This one is a banger content is just getting better and better. Alex gonna go up because he is delivering valuable lessons that people want to hear. This is very relatable Alex.
Alex you're a champ dude. Thank you for sharing your story. It doesn't sound like an easy thing to go through man. Thank you for sharing it's a brutal story. I'm proud of you for getting through it. 👍👍
Thank you Alex, This year I started my DFY Funnel Agency and your stuff works. I'm implementing your theories in 100M offer book.
This is the kind of real talk that’s missing in the entrepreneurial side of UA-cam. You aren’t trying to sell anything hut I’m sold. I need to know how you grew those gyms if I’m going to grow mine. Thanks again for putting this out there
Love the long story format. Thanks for sharing!
Respect to his grit and determination. Not sure I could have carried on through those hurdles.
Beliefs and limitations are self imposed and at the same time self fulfilling. Raise your beliefs and limits Erode giving way to limitless.
As Alex has said many times before - an exceptional product sells itself.
What you focus on expands. Focus on the product being world class and you can’t lose. The odds are so stacked in your favor at that point succeeding becomes mathematical certainty
Success finds you at that point and I think that’s what saved the day in this case.
I don’t know of a situation where a world class product was created and released to the masses, so an actual tangible product people can use, ended up being the final nail in the coffin of a success story being realized.
Half way trough your book 📖 and it's so practical, can't wait to implement everything!👏👏👏
What book?
Fancy seeing you here. So glad you left DL and started your own thing.
@@eric_martindale1711 $100M Offers: How to Make Offers So Good People Feel Stupid Saying No
@@mat_leo fantastic. Thank you!
@@mat_leo what is DL?
I'm 1/4 through watching this video and I'm already touched.. thank you and God Bless you!
The journey improves you and nothing else…. That was huge for me
Thanks a lot for sharing, the insights are really helpful for me!! Real stories and no BS.
Thanks for that Great Input 🙏🏼🙌🏻
Kudos, good story
I have read about some of Brian tracy's books which has affected my finances positively, I had $ 5,000 which I used to start Stocks day trading, I should have been stranded when I lost my job some months back, but this makes me over 3k every fortnight, so if this counts it will help someone also
This is surely what I need, with the massive staff layoffs happening now I need a way to secure my future and if Stocks works then that’s fine, how can I get started
I have made my fair share of wealth from stocks over the years, it’s smart to take advantage of it at an early stage
@@olivia4182 Look up the name Benjamin ravies, that's the name of my trader he handles my portfolio with his expertise while I earn he charges a commission on profits
@@finny_ thank you, I found his website online and mailed him
Day trading makes me an extra $ 2k weekly also I still hold a well diversified portfolio of blue-chip stocks, individual stocks and etfs enabling I earn dividends monthly thanks to the AI technology available
Tremendously inspirational, the only entrepreneur who dares to talk openly about his failures and struggle and his road to success 👏
Talking real stuff ... gives the listener real insight and real lessons for the chosen journey. Thanks for the sharing, Alex, thanks for keeping it real. Pearls of wisdom, guy, really!!!
Honestly one of the best videos out there to showcase why so few people make it. What he had to go through to get rich was unbelievably challenging, yet he found a way.
WOW! Hard to listen to story but dam great. So happy you made it through that. You seem like a good-hearted person
I love the emotion in this story. Amazing story teller.
That is one hell of a wife. Sticking around at $0 to $100m... It's so rare is almost gets me emotional. Good job man.
Thanks for the upload. I run a retrogaming webstore here in the netherlands. I seem to be stuck right below 10k profit a month and I'm FAR behind scedule. Sometimes it's good to halt operations and get a clear view of what we're doing and start cutting the fat here and there instead of trying to do 200mph trying to scale further and further.
thank you so much for sharing! this was so inspirational!
Thank you for sharing this. There is so much to learn from this
What a story man! ”The foundation that you set is going to dictate the height of the peak of the pyramid that you want to build within your life and the business you want to grow” - great. Thanks for sharing your story
Stay Based
I totally needed to hear this. Thank you 🙏🏾
Congrats on all of your success! You are awesome!
I've been waiting for this one. This is the core of Alex. 👍
🤯 man what an amazing story! These stories are pure Gold.
what an amazing video. I needed this. im going through the same thing. one start-up failure to another. thinking I dont have anything to show for it. but I have skills that will stay with me forever.
Inspiring Alex, thank you
Great content brother, loved his story man!
Amazing story Alex. Cant wait to work with you in 2-3 years man!!
You are wise and street smart beyond your years Alex. Your new book is incredible. Best business book iv ever read
Always hooked on your videos and shut everything down to get through then and absorb all the information, quick question Alex Hormozi did you get your funds after the 6 month holding period? Thank you for your time and effort you put into these!
Amazing. This channel is more valuable than an M7 MBA. Thank you, Alex.
This is really inspiring. I really want to tap into this. I've been watching your videos more and more as of lately. I feel like I do still need to do what's needed to accumulate those traits that's needed and such.
That was amazing. Thank you for telling your story and insights.
That story was mad!!! So many gems!
that's insane, it just seemed like problem after problem. honestly got stressed just listening. crazy how much you learn through tough times. but man still sounds super tough.
The fact that Alex overcame these obstacles is the reason why we all admire him.
Really needed this, down to my last thousand and forced to work a job I hate to live but I see the light at the end
Love hearing this story. I appreciate you sir!
Thank you. I needed this today 😊
Such an impressive story. Thanks for sharing. Your success is so inspiring.
Thank you for this video. 🙏🏾
Greatest stories come from most ordinary people just not giving up, learning, adjusting, pushing the invisible walls. Kudos to you man.
You have officially became my ONLY source for information and training.
Awesome video Alex!
Love this. Alex is a breed apart. Keep your eye on this guy.
Thank you for sharing man. Super grateful.
Congrats and job well done. Hopefully the young people listening to you will learn that hard work and always learning is the only key to success. Continued success my friend. 💯👍
You strengthen my faith. Thanks Alex
It’s amazing what someone can accomplish when their back is against the wall!
Love your work man… so inspiring. I’m definitely going to reach out to you when I’m at $3M+ in revenue with my new startup. Until then…. Wish me luck! 🤞
It's not luck, it's cause and effect! You got this!👍
In order to make $3m+ in value, you have to be able to see the exact path to take to get there and the skills to execute on that path.
Like a mentor used to tell me, you have to be able to see your first million.
It’s pretty insane to just have access to something like this, here, on youtube. Having access to information and people like this, in this way, wasn’t even possible just a few years ago. It’s such a crazy privilege being able to see and hear stuff like this from the few people who are choosing to share it in this way.
Gratz on 100k subs
It's scaling time, looking forward to surpassing you! That's my goal :)
Thanks for another great video
Alex I watch all your videos and this is the most hilarious one I’ve watched so far my friend hahaha 😝
Thanks a lot for sharing and for always helping us grow our businesses 🙏🏼
Thank you, SO MUCH, for your transparency. Your videos have been extremely helpful
This is captivating 👏 what a story! Inspiring man!
Wow. Wow. Wow. What a story. Thank you Alex
This video is so empowering. Be consistent. Build the skills and then it could explode. Most people would quit faster and never get past the slow start
Boom! Powerful. Thank you Alex. 🙏