You're Not Behind: My System for Outworking Everyone
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- Опубліковано 2 жов 2024
- Want to SCALE your business? Go here: www.acquisitio...
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.
FYI - the audio pack I wore had a loose wire. So the audio has these tiny blips. I think it’s a really important presentation for most entrepreneurs. I figured you guys would rather have it with the tiny blips than not have it at all. So we posted it. Hope yall enjoy.
Definitely still worth it 🔥
Still watching through the blips 💪. Thanks for informing us, I was wondering if something was up with my device, haha.
Thanks bro
Thanks for clarifying bro I was wondering what was up with that
Raw and real is always better.
Ah yes. That time at night where I'm procrastinating on outworking my competition by watching Hormozi how to outwork my competition.
Not procrastination, it’s sharpening the saw
@@3DPrinterAcademyabsolutely. We could all just be watching Netflix instead just as easily as our method of procrastination
😂😂😂
i am outworking you right now whilst watching this at 2x 😏
Pretty sure Mozi wouldn't approve of this behavior
Why does the crowd look like they’re from 1989 ? 😂
Alex gave a fantastic talk as usual 🏆
Mate you’re not behind!
I was there, and was born in 1991 :) Not a bad guess mate! haha
Because they are behind
Gymnasium Jesus in the building
They care about making money not appearing to keep up with trends
Alex, I won't be able to work harder if you keep up with this posting schedule , I doubt I will work at all to be honest.
Agreed, save some videos for slow periods 😅
😂 i've been thinking the same
😂😂 man is running companies and still going hard on UA-cam. Man is a legend
Man I have over 15 vids on download and watch later
Heheh :P This is the reason you dont find many billionaires on UA-cam. They simply put all their waking hours into earning more money. Look at Elon. He did something like 22 hours a day, 7 days a week for years.
Every family has that one person who will break the family financial struggle, I hope you become the one😊
Join my free Skool Community!
That last peace for me literally hit my soul. "Step back for a second and think of a more elegant way of finding a solution." I sometimes find this problem when cold calling since Im starting my business and thats the main growth driver.
So I focus on cold calling 12-14 hours a day depending on my schedule because im 16 but I always love taking a step back to review my benchmark KPIs and see what i can improve.
Because even though I can squeeze in 1000 dials a day with a 1% booking rate, the guy who has more skill and leverage and only does 500 a day and has a 5% booking rate is going to beat my ass.
The caveat is, I cant become the guy with the 5% booking rate until I put the reps in first. Just wanted to say that ur ending in this vid probably touched me the most out all your videos (Ive watched all of them)
You're a madman and will go far. Good luck boss
@@chadpilled7913 yep! Keep up the hard work
You should look into best version media. They'll give you the sales skills and income to launch your career
You're a demon! 1000 dials and 12-14 hours is nuts but also admirable as heck. I'm 23 and also starting my biz and I've been cutting so many unimportant things, relative to my goal, and I've only started being able to clock 4-6 hours of productive work per day recently.
Used to be an absolutely distracted, unproductive bum. I'm reliably doing about 100 manual reachouts daily in the morning as I intend to understand, through sheer volume, things like copywriting, tailoring my messages directly to a prospect, being personable, the offer, and all the good stuff Alex teaches. As I cut stuff out tho, I can see how I can eventually be doing 10+ hour work days like clockwork and getting insane output.
All the best with your business!
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Miller for helping me achieve this
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
Their
...services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Bro, love your "I only deliver value and care about nothing else" outfit
He looks great in that outfit. The color scheme is on point. Gay here and I'd still prefer less clothes on him.😳🫤 He has a beautiful body.
Worked for SBF
@@paulaCvenecia He used to strip
When your boyfriend wants to watch a movie but you just want to watch Alex hormozi’s UA-cam videos 😂
Same but with my girlfriend
You guys be like "babe switch the channel, alex is on!"
@@readywhen cringe
Marry me
Need a girl like you
Thank you for efforts in educating and informing us. I’m favored financially with Bitcoin ETFs approval, Thank you buddy. $12,000 monthly profit regardless of how bad it gets on the economy.
This script feels stolen from Tim Ferris . He was one of the first ones who popularized this concept in the book “The four hour work week “
Great stuff. I realized I haven’t been putting as much time in my new business like I used to, but somehow my days were full of “stuff”. Fuck the “stuff”. It’s just work, gym, and work again from now.
Ever since I adopted this method of organizing my schedule, my productivity has skyrocket
That's AMAZING!
*Larry Burkett's book on "Giving and Tithing" drew me closer to God and helped my spirituality. 2020 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 40,000 dollars. Everyone thought I was delusional. Today, 1 receive 85,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams. God kept to his promises to and for me*
There's wonder working power in following Kingdom principles on giving and tithing. Hallelujah!
But then, how do you get all that in that period of time? What is it you do please, mind sharing?
It is the digital market. That's been the secret to this wealth transfer. A lot of folks in the US and abroad are getting so much from it, God has been good to my household Thank you Jesus
How can I start this digital market, any guidelines and how can I reach out to her?
So nice to see Christy fiore talked about here. Her good works are speaking already, and like wild fire, she's spreading.
When I tried amway years ago I remember a cd I had and the speaker said nothing changes if nothing changes. I know its MLM but the speakers did sometimes have good advice.
I feel like I havent seen anyone comment how good alex presents. The fact that he actually sums up things and repeats the lessons multiple times is incredible and for someone with short attention spam like me incredibly useful.
I second that!
I like your presentation style but I disagree with your point of view. Every family is different and you seem to be teaching husbands how to avoid family responsibilities, not cooking, not cleaning the house, not washing their own clothes. Thinking that doing housework is a waste of time. You have enough money to hire a cleaner, the average family does not. Spending 3 hours a week doing housework for the family is worthwhile and not a waste of time. The family is a place of cooperation and win-win....
Disagree. People should always have roles. If the man is working, it’s good to have a woman cooking and cleaning and vice versa. If a man is protecting then the woman is caregiving for him and the kids because the more he is able to accomplish his goals the more time he will have in giving it back to his woman/kids/friends/family members. If he is working 24/7 but then has to cook, clean, organize, laundry, etc days out the week he is just spending a bunch of time on stuff that’s unproductive to his goal.
While I agree with your reasoning, how come I never see people that hold this view verifiably getting to similar levels of success?
@@ObinnaWGMI Only rich people think that cleaning and cooking are a waste of time. Because they have enough money to hire cleaners and nannies. But for ordinary people, there is not enough money to pay for the extra expenses.
Totally agree, the only thing is that the brain actually does need rest, and there are peaks times when someone is creative. I, for example, can’t create after a day’s work at the office. Sometimes I just want to switch my brain off and cook or clean, bc that’s also a break. But in general- great ideas.
18:37 - $800 per person per month for food? That’s $9.52 per meal for 3 meals per person per day, and $13.33 for 2 meals per person per day.
I don’t know where in the United States you find a decent, nutritious meal with ingredients procured by others, a meal prepared by someone else, and served in your home for that price in the year 2024.
This video is more valuable than every other video on this channel
I haven't watched the video. But, working harder isn't the key. That just drives you into the grave. Work smarter. Not harder. All these gurus online talking about hustling like a bat out of hell... lol. It doesn't work. It's not about how hard you work. Also... if you are doing what you love... it's not work.
19:05 This really speaks to me! What’s a small change you’re going to make in your life after watching this
You also missed discussing needing a product or service
Grow your business by focusing on the high-impact activities that drive results - advertising, sales, pricing, and customer retention. Protect your time ruthlessly to work on these key levers, even if it means outsourcing or eliminating lower-value tasks. This strategic approach can make you 30x more productive than the competition.
These are the BEST educational and useful slides i have ever seen in my life. They can also can be read as "how to improve your skills" "how to be so good and exceptional in what you"
when u apply these what these slides say, you are going to be in your own league.
Working smarter is actually the best way to make more money. You might work so many hours and still make just little but when you work smarter with the right people with great ideas then you surely hit it.
I recently came across Mental Cashflow, and I was genuinely surprised by how much it resonated with me. Despite the controversy surrounding it, the book offers some unique perspectives that made me think differently about financial independence and mindset. It’s definitely not for everyone, and I can see why some might disagree with its content, but for those who are curious or enjoy exploring unconventional ideas, it might be worth checking out. Of course, it’s important to approach it with an open mind and take from it what works best for you.
Audio seems to be clipping out?
alex the goatfather of all no bs guides
seriously I have never watched a video of his and didn't find truckloads of value from it
seriously
thanks as always
I have learned so much from you in a very short period
I just came from the Skool Games Mastermind with Alex, Sam Ovens and the other winners.
Literally, my #1 takeaway is that dirty 4-letter word - WORK. Several of us had the exact same takeaway.
It's the one thing all of the winners had in common.
FYI - Alex is exactly the same in person. Even after an 8 hour session, it was straight to ads and crushing it.
loooooool
People need Masterminds to tell them to work harder? 🤦♀️
@@biancasinclair. i’m thinking it’s more along the lines of being exposed to the LEVEL of work that is required, and the intentionality behind it. any sane person who isn’t where they want to be has an understanding that they need to work more/harder, but the statement in itself is still very broad
@@ynsworldwide There were 50+ takeaways (I did a post on it in Skool if you're interested) but it recalibrates your barometer when you see how much other people are crushing it.
@@biancasinclair. If only you know the who were at that Mastermind was making minimum 20k per month in recurring revenue...
I think the reason why many are hesitant to switch to getting takeaway as opposed to prepping/cooking is that they know that not all the time saved is going to be invested in work, so it will end up being just a spoil.
Thank you for the presentation. Can we access the presentation document somewhere?
Facts. 4hrs a day compared to someone doing 16hrs a day isn't the same. The 16hrs is putting in more work she can see results faster
He actually has a crowd this time
I’m 24 and starting my first business in the outdoor maintenance industry regarding solar panels, gutters, pressure washing and what not. My current company I work for 2022 I sold 2.1 million and 2023 sold 2.5 million. This channel is motivating me to sell for myself and not for a company and become something!
I am 23 and I am struggling to find something I am good at but I am trying to read books and do it smart souu if I fail I know I can get back on track obviously it’s not what I want but I want to do it the smart way
Its amazing how much time we waste on things that dont matter or dont contribute to our goals. The things we are religious about that it would hurt our ego if we found a much more efficient way of deligating or automating it. The freedom of thought and the weight off our shoulders. A new perspective that life isn't as stressful or as hard as we think it is. Problems are so much bigger in our minds compared to reality. Getting outside of ourselves in our daily grind is fundamental. Anyone who watches this video should feel as though a miracle has just occured in the realization that we have so much more time than we think. We just have to write down how we are actually spending the 168 hours in our week and then look at our goals, break them down into executable and easily understandable tasks and get it done.
1.5X speed into the brain
I messed up quite a lot in prioritizing the wrong things and not actually working, although I thought pacing up and down my room "strategizing" was productive in getting me closer to the clarity that I need to finally start.
But one thing that I am proud of is that for the last 4 years I have not cooked, not done laundry and cleaned only 30 mins per week by moving to Peru and prioritizing buying this time back.
Although the way here was rough, the hours are paying off now and I am extracting the most value from the time I bought back and spent not on ideal tasks but at least not on complete waste of time.
Thank you Alex!
Another amazing video
this is peak comedy
Lol I thought so too but everyone else seems to love it so I might be missing something? I’ve seen his other videos and they have had great information but I don’t know this one didn’t do it for me
wondering what alex actually does besides being the hype man
I am a handyman How can I use this to grow? All I could do is advertise more but i'm not a bank.
Isnt it weird uow a few years ago u were literally against outworking others becoz u explained that it didnt make much sense..
mate, he just sells you words, this is his business. So be smart, calm down and do not waste your time on his advice.
@@CantPickTheNameIwant agreed
@@CantPickTheNameIwantso much valuable advice in his videos lol, what a sad point of view. To each his own 🤷♂️
Outwork in terms of pure hours and working on the wrong things perhaps?
It’s actually a great sign that he is thinking and changing his opinions when a better conclusion makes sense. It’s also contextual. 🤷♂️
Million dollar info, $10 audio
MAN SELL MEH SOMETHING, IM READY TO BUY
The best part of this video is the last Q&A question. Thank you for including it.
For me this translates practically into listing more items / products online to sell which translate into more cold hard cash. It's not the most exciting thing to do in the business but the one that translates into more sales. But for some reason I find excuses to do other things that don't translate into more success. Alex has the best stuff and I'm just grateful for it.
ebay listings?
@@User8vfjhejf yes
I am literally in the exact same spot
Can I ask which kind of products you list?
@sweetbeep art 🎨 antiques. Everyone has a niche or expertise. There's things that fascinate you or are knowledgeable about and just look for price inefficiencies across platforms. Buy low, sell high, rinse repeat. Art or antique prices are... "Flexible."
Amazing video
So if we do something we love. It will never be hard to do even if it’s hard or easy or rewarded or not. If we love it we jsut do it. Where’s the balance deciding to stay in something you don’t want?
In work mode, this is all great stuff. The part about interruptions and "emergencies" is the rub if you are a mom of 9 kids, homeschool, and running the business. The key for me is delegating. However, there are very few times in a day where I can hyper focus for 4 hours. I block out our homeschool time. That is easy to do. I let the kids know I am going into work time. But they will still fight, need something, and then even if I ignore it all, it breaks the flow.
How I worked around this, is to delegate as much as possible to my team, my vas, and others for the management hat. But when you first start a business you usually don't have the money to delegate so you have to do it in smaller increments of time, revolving around your kids' schedules.
This information is perfect for men because most men have a wife at home taking care of all the things that he doesn't need to be interrupted for. This also works for women with no children or children grown up and don't bother you. And for all people who are retired and start a new business.
Why did the scarecrow become a successful investor? He was outstanding in his field!
Watching this for 4 hours every day until my business grows
I agree big time with this. Hiring our nanny for 4 hours a day for 3 days a week was game changer for our business.
Yes, outsource motherhood for that sweet sweet late stage capitalism
@@KarsonsChannelliterally, this page is full of deluded “corporate” obsessed people.
@@NoeticInsight Bro 12 hours a week isn't much.
He said to minimise unproductive time. Motherhood is not unproductive, it's actually the most productive time your child will ever have. You can shape your child future by up bringing him by transferring your thoughts to them. Yes, don't wash their dirty clothes. But please be with them instead of handing over them to someone else.
@@muzamilahmed1496 You act as if, 12 hours is that much compared to how much available hours are there in a week
Just put up my kid for adoption. 🫡🫡🫡
Awesome
Does Alex have kids? I feel like this is the advice I'd give before I had a family. But it's just not realistic to people with families who want to be active parents.
This is my most favorite video you have ever made and it has changed the way I'm running my business. Thank you
Why are your comment sections all filled with bots dude
The fundamental conflict of interest between an equity participant and a wage earner. If you are a one-man business and you invent a tool that allows you to produce twice as many goods and services, you make twice as much money. If you are a wage earner and invent a tool that allows you to produce twice as many goods and services, you are now expected to be twice as productive (no or minimal salary increase). For a wage earner the reward for more work is more work. Your employer reaps the benefits.
Things I took away (my own summary for future reference)
What matters - If you not doing these 4 things you are not growing business
More customers -
1.More traffic
2. Higher conversion
Make product/service worth more
3.Raise prices
4.Increase buy rate (Decrease churn)
Find the time to do those 4 things (Maker time vs Manger time)
You either clear large chunks of time to make (focus mode no distraction)
&
You chunk all types of management task together to create bigger chunks (admin and team tasks)
But trying to both make and manage in the same timeframe is a no no or harder to achieve (for me it also disrupts my flow state)
If you struggle to achieve the above the remove everything in your life (that you can without harming other areas of your life) that is not working toward these 4 grow points.
Anyway was a short summary while watching the video.
Sounded better when Alex said it lol :)
Alex won’t be posting content in 3 years. He’s going to be so sick of the average business owner that won’t help themselves and he will just disappear while shaking his head
25:02 Find the time 💯. You and your business are worth the $1,500 each month to have more time to focus on what matters. Telling it like it is as always, Alex. 🔥
14:32 Question though - how do I create manager and maker time if I’m working for someone else as a consultant? Do I simply “do my best” or try to schedule my maker time outside those working hours?
You need to figure that out by yourself. Nobody can step into your shoes and work out the nitti gritty for you. However I suggest a combination of both. Some during your working hours some outside your working hours.
If you can relate this Talk with AI tools...
Want to SCALE your business? Go here: acquisition.com
Want to START a business? Go here: skool.com/games
More of these. I'm one minute in and the acknlogment of how you do these is addictive.
Do it 💯
I started 8 weeks ago and hit $47k in new MRR last month.
Your personal brand may take a hit because you posted 1 bad audio clip. Best just take it down and write it up as a lesson learned bro
Blond over here thought you were bleeping cusewords. I filled in fuck every time and that was a lot more fun explanation. 😂
Please let me decide if I want closed captioning. I don't mind words on screen to emphasize a point but I hate having it the whole video.
I'd appreciate it if you could link the slides shown in the video whenever possible.
Alex I am watching you since from your beginning podcasts
The ever f*cking productivity masterclass most important of the world
This was so valuable to me. I'm SO glad you uploaded this even though the audio has blips! I already got rid of a lot in my day that was distracting me, and knew most of the things that I still need to eliminate. This video gave me a formula to calculate at what point it's worth more to delegate stuff like laundry. It also gave me more clarity on how to find the constraint of the business and that I might be working on getting rid of that constraint for a long time. THANK YOU, Alex+Team for all the value!
Please improve audio quality
People are paying for this bs. 😅
Steroids seem like a way to make you work less
Hi Alex this segment came to me at a perfect time. Its important to get a partner who feels okay with talking about business all the time and really learn to mind your business. That part is potent.
If you go back and look at Alex's calendar video you'll see he really just works a normal 40 hour week. The guy does not work 16-18 hour days. So full of it.
Yup, typical lies from people trying to sell you dreams.
Replace “work” with “building”
@5:18 I've done this for years and I never could explain it. I would have all of these goals for the day, planned everything out, and ready to do it and then I just sit there and "learn" more or doom scrolling social media because I can't enjoy video games or relaxing since I'm supposed to be getting stuff done.
bro didn't waste the time to re record bc of the audio issues. We don't mind at all. Thanks bunches alex, you are great!
A stay at home wife can also take care of all of those tasks/chores without having to hire anybody 🙌🎉
Excellence comes from repetition
A common theme I've noticed about success in any endeavour in life is about OBSESSION. It really depends on what you want out of life. Alex's video here today exemplifies that.
washing, dry cleaning, folding is not possible in $200. One cloth dry cleaning cost $25. Washing and Folding of 1 shirt cost $5.
You still have to drive to laundry.
24:25
Is the sound bad? Or is it my headphone?
i Thoth the same thing but apparently its bad for everyone
Amazing topic, right on point if you can't talk about your passion with you partner then why the partnership. People always trying hard to tell others how to live. I enjoy all your content. I hope to meet you one day soon,
Damn so it would cost $650 for me to Uber to and from work for the month. That definitely sounds worth it.
this is so valuable
the work and life battery being the same battery is something i just didn’t know. i can barely manage school on its own. there’s no battery left for anything i plan and tell everyone about. i want crazy output. not pity 3 hours im throwing on top of school a week.
i’m in infinite chore simulator. and it detracts all the energy, not even the time. energy from the battery to do work. i haven’t sat down in nearly a month to do real work since coming back from europe. this is how i get out of that.
today i uber eatsd food to do laundry. i know that’s not really the point. but it felt dirty but it felt fast. im going to surprise lap everyone. that’s the method. i really do see the path to doing 30x the amount of real work. i really do see that. i could get to my goals if i could do that. And the battery i can’t increase its capacity. it’s like going fast in a slow car. just brake and accelerate right- conserve momentum
Idk how you only take 1-2 vacations a year. I need a couple days off every 3-4 weeks to travel somewhere to prevent burnout since I’m autistic.
Great talk! Thanks Alex! PS: The audio engineer/recordist needs to work harder.
When you’re starting at $0 income, which is the most limiting factor: product, offer, marketing, content, leads, or sales?
what is the breakdown like between working on improving the product and trying to get more customers/make em more valuable? or improving the product comes under the same?
Instructions unclear. I've got nothing to do. I pay a bunch of people to live pieces of my life.
Why doesn’t he just wear a pair of swimming trunks, I mean, or just a caveman outfit, maybe that would be better!
productivity is less NASCAR and more hypermiling. i had the metaphor completely wrong
Heavenly Father I pray that you keep the person reading this alive, safe healthy and financially blessed Amen ✌🏾✌🏾... And you will never lose a loved one🖤
Just shows how important audio quality is. I stopped watching 9 minutes in.
Just shows how ignorant you are...............
...Just put Closed caption !
NEXT !
Stay at the bottom bro
Let me guess, he's making money on teaching people how to make money. But he's not teaching people to make money on teaching people how to make money.
Good day! Is this there any way I can have the slides of this presentation? Thank you
Alex shows us the way he works 8 days a week
What the fuck !!