How I built a $100k per month profit business with no employees
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- Опубліковано 1 лют 2023
- 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.
This guy is a BEAST on the scale.
This scale is a GUY at beasting.
My scale thinks this guy is a beast
How did I end up in this comment section💀
I know right! Beastly.
I dont look at all the comment sections but when i do, theyre golden lmao
This scale is a SCALE at scaling!
This guy is a SCALING at beast.
This guy using bots to praise himself 😂😂😂
Can you get lower than that?
Beasting on the scale is this guy !!
This guy is a SCALE on the beast
This guy is a beast at.... Wait... Why TF did 3 people say the exact same thing?
this guy is a scam, that is the truth
We’re not all bots - some are trolling some nub who posts on every short.
Scaling.
bot comments lmao.
Just memeing this Mitha guy that comments on every video to try and get people to visit his channel
This guy a MONSTER at scaling!
This guy can SCALE a beast
Your mom
The unimaginable beastly scaler
This guy is a scaling BEAST!
I have no idea what any of this means.
😂
You don’t yet understand the Lingo that’s why. It’s marketing Lingo, I didn’t understand too at first.
@@josiahdavid7735did it benefit you financially?
@@josiahdavid7735how wouldn’t you know most of what he says though. Like just from existing.
The only thing I didn’t know was leads
This SCALE is a guy on the beast
The scale is BESTING on that guy.
I really appreciate you specifying PROFIT and not just saying you made 100k$.
This Boss is a Scale at Duding
This scale is a guy on the beast
I don’t understand the link between the Facebook ad and launching gyms. There is a gap there…I need answers!!!
This Beast is a scaling guy
Beast is the guy on scale..
This guy is a total BOSS at scaling
Please make a full video on this please it will help alot of us
Listen to his podcast: The Game. Episode 482. You're welcome. 😃
@@jonthompson1642 bro i did before writing this comment 😂i need more details he was talking too fast and not indepth
Majority of it in context won’t help since FB ads in 2016 was hella different.
@@MattGarcyaDC but business model should still work same way, right? Also how were ads so different?
This scale is a BOSS at BEAST
This beast is THE GUY on the scale
This guy is a BEAST at scaling.
This beast scales up on regular guys
Notice he says anyone can start the same business... Not that anyone can replicate the results. I'd say far less than one percent of people could replicate those results. Extreme outlier example.
Hence why he’s doing “content” because that 1% result is more valuable than the 1%
Mr.Scale Beast Guy ! Awesome!
I wish I could listen as fast as you speak
Woopsy. Kinda showed your linked channels below there fellas 😂😂
Your entire model is on a podcast and it's amazing
I suck right now at running ads to get leads nevermind selling them. It's a great model, just haven't been able to get it to work yet
You need a lead magnet or an amazing grand slam offer. “Make them an offer so good, they feel stupid saying no” -Alex Hormozi, 100m offers
so you are marketing gyms but also mentioned launching them, what exactly was the business model?
Wow, the beast on this scale!
What value are you adding to society?
$100k per month profit, and he did it 6 weeks at a time, he had to get paid $150k per gym launch? Becuase 12 weeks is 3 months. $300k for 3 months on average.
EDIT:
How many customers did you acquire? What was each lead worth to the Gym you helped
If scaling was him , it would be a beast
Scale up THIS boss GUY
These guys always say the same shit but never really tell you anything.
Finally someone says the obvious. I’m just thinking how flying and all free things he says cost less then $1k
Beast is a SCALING at this guy.
We get it. You're awesome.
@RDanNew @AlexHormozi I read all of the comments here. Many of us do not understand. Could you help us with more detail?
@@jameshall2236 just another guy on the internet extolling the utterly vast amount of his virtues.
Rich people are not selling bull shite on utube, they are managing thier assets.😂
this a truly beast scaling moment
Can we sue this guy for false advertising
This scale is a guy at beasting!
This BEAST IS A SCALE
The scale beast this guy.
Right and there are reviews on BBB from gyms and customers who said this guarantee wasn't held up at all.
Hey Alex, could you put the link to the full video in the description in the future? I would love to see the full video, but don't know which one it is
Listen to his podcast: The Game. Episode 482
@broskiiii111they actually started doing that, he talks about this in other podcasts ‘that model was flawed’. So he changed it to licensing model.
This beast makes guys out of scales!
He scaled the BEAST my guy!
This guy is scaling beasts
Mozi, I see your eyes wandering to the teleprompter
This beast is a scaling guy!
So the scam here is that people will sign up, then either forget to get their money back... Or be too embarrassed to get their money back.
Not a super wholesome method of value add to his customers. 😕
If wholesome methods of value adding is what most company's had to get there money, most companies would go broke haha.
This Beast is a Beast at Beasting
Tell me your a BEAST on the scale without telling me your SCALING on the beast
Hormozi is the scale at which a beast Alex
These comments are fake af
FRRRRRRR
I worked for a gym that did his "free" 6 week challenge. Complete bait and switch and extremely immoral. Ruined this businesses name in the community.
What did he do?
Please elaborate. Your truth shall be heard.
It's well known this guy holds people's money hostage, essentially putting peoples gyms out of business. This dude is a snake oil salesmen and a scammer.
These industry guys no nothing about what they're selling🙄
My guy is beast to scale
Bro was running an smma agency before it became a thing. You create client overflow the get Someone else to fulfill
Absolutely agree! 🙌
Except every gym now knows this method so that’s every ad I get so I can’t sell that same system to them.
Beast is the scale
So you basically payed a price to sell your products in an already successful business. GENUINE
All we have to do is get asked to speak at a marketing event then hustle supplements on clowns... too easy bro.
Yeah shit, all this time I've been turning down all those calls asking me to do marketing events.
Bro your brain dead... He was asked to speak at the marketing event BECAUSE he was successfully using Facebook ads to attract customers to gyms. He would offer 6 week training course at a gym he didn't own, thus bringing new customers into that gym. In return the gym had to fulfill 6 weeks of equipment use. He then pushed the sale of supplements onto the new customer to cover his costs. Then at some point I'd assume the gym pays him marketing fees for bringing in enough new memberships. Basically he offered to be a personal trainer ,marketing manager, and salesman for brick and mortar gyms across the country using his personal funds until he could prove to the gym he could bring in customers. Pretty straight forward... maybe you should stick to being an employee?
BEAST and Scaling!
heard you say in long form interviews that while you were doing this you were just making enough money to cover your costs and it ended yo failing before you adapted a different business model. is this post misleading?
This is a fish scale from Beauty and the Beast
This beast has scales
....Thank you!
This beast is a guy at SCALING
Lesson, have a skill that makes money
All they had to do was fulfill the 6 week service….a task that got him a wife
The GOAT 🐐
What i dont understand how did you make money
This beast has scales 🐍
The beast is scaling this GUY
Can i use the same business model for another business not weight lose related?
Beasting is this guy scale
This beast is a SCALE at guy
Scaling guy this is a beast at
How many BEASTS are in one scale?
where i can i find this original video?
How did you charge. That's what I am missing
Who ready to win and succeed ?
Hahahahahahhaa, this comments are 🔥🔥🔥 love your sense of humour guys 😂
Who?
I diarreahed like a beast on my scale
How do I go hybrid as a musician (singer)?
I social media it’s more like taking candy from a baby back. I miss it so much.. it’s still absolutely doable, but nowhere near as easy as it used to be
What was the method of using $1000 to make $100,000? How long did that actually take? What were the hardest parts that made you want to quit, but you pushed through?
This beast is a guy on the scale.
Please help me with how.
Although i dont have a thousand dollars.
This guy is a guy that this
This guy is a beast at Forest Gumping
You will NOT get the return on Ads today that you did then. That's why you are a Cardone Graduate MONSTER CONTENT PRODUCER and THAT is how you do it today and how we MUST DO IT.
Whenever I see on of theses guys vids I get hungry