How to Build a Valuable Company You Can Sell Someday
HTML-код
- Опубликовано: 6 июн 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.
Want to SCALE your business? Go here: acquisition.com
Want to START a business? Go here: skool.com/games
wooooooooooooooooooooooooooooooooooooooooooo
What if I have an idea for a company to use, but I don't have the coding ability to make it and like 10 bucks after getting my oil change so I can't pay anyone?
@ArticulateArena either learn code or start another business. The real businesses are dirt cheap to start. If you are knowledge of what you're gonna do
The "eggsit" . Nice
One thing we can all agree on is that attention is the new golden goose, like Alex said. If you have influence and attention that will make you golden eggs all day.
Yeah but as the author from the 7 habits of highly effective people said. If you're too greedy and kill the golden goose you won't have no golden eggs 🗣🗣🗣
Yeah
One of the BEST things about this content is the being taught how to PRACTICALLY APPLY the knowledge in YOUR business. Thanks Alex!
My situation is comparable. I value AH’s input and output. I save these videos in a playlist called business bible. I wish I qualified for Alex’s input directly, but sadly I haven’t produced the numbers that they recognize after 20+ years. I am extremely grateful for these videos to give me perspective and focus.
New content > past six months 🙌🏼 it’s soooo good
Alex's videos are getting more and more valuable, more and more complex (not a bad thing). This one, for instance, I'm sure I'll have to rewatch it a few times to completely understand everything he's giving away here. Thank you so much, Alex. I'll change my life with your teachings, I'm sure. Right now I'm at a low point, but I'm positive it's also a turning point.
I’ve watched this 10x already. Just playing it over and over like it’s Netflix.
Love your new content!!
These insights are unique and so valuable. There are few people on earth having access to these insights. Thank you for sharing Alex!!!
Love it!! Thank you, Alex!!
Thank you for making Videos For Business Owners. You might not get as many views but trust me it’s making the most impact. We actually put what you teach to use .
How do you know?
@@jeniferjohnson374 because that's the only reason we watch Alex...
100000000000%
Love the new format sooooooo much❤❤❤
This new content is everything.
Great video thanks Alex
Watched this video twice. Really great stuff alex!
More like this! Loved this one
One thing we can all agree on is that attention is the new golden ticket, like Alex said!
Lets fkn go Alex killing the youtube game right now with the fire content, keep it up!
00:01 Focus on selling the eggs, not the goose.
01:36 Identifying the valuable goose and eggs in business
03:22 Transforming a service into a sellable asset
04:59 Build a valuable company by creating something not dependent on you and with sticky, recurring revenue.
06:49 Building a valuable company involves aligning with investor preferences
08:28 Importance of managing personal brand size in relation to company size
10:15 Utilize growth to involve public in the company's success.
12:11 Utilize Impressions to fund product launch
13:52 Create a rollup of accounting firms to build a valuable company.
15:35 Focus on collaboration over competition in business
17:03 Collaboration over competition results in financial gains
18:33 Identify the goose and eggs of your business.
Brilliant! 👏
Love the Acquisitions and M&A content
Thank you.
great video 🤝
The more Alex speaks, the more I realize I know nothing in relative scale.
Yess
Same here 😂
The "eggsit" . Nice
Make this 4 hours next time - I love content like this
I love this new content direction
To the one in charge if typing up Hormozi’s bio; you need to correct the spelling of Vanderbilt. It’s spelled wrong in all the videos. You’re welcome. Please send me free copies of his books for this correction. I would appreciate that.
3 mins in, already blown my mind away
Great stuff.
Brother !! Please do some marketing tips for e-commerce droshiping !
Social Marketing is underrated.
What???!!
No bro you never tried it but how do you know
Whiteboard business Alex is back 💪🏼
Unrelated but just realized, Alex already shared what the name of his third book would be: Money Models
It's stated under the MAGIC Headline formula section of his first book $100m Offers.
Dude this video’s bomb, but would love a more in-depth breakdown of this whiteboard style
I'm new to investing, and I've lost a good sum trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations you have.
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency and stocks, through the assistance of my discretionary fund manager
Mrs Mary Patricia Hester
This is correct, Mary's strategy has normalized winning trades for me also, and it's a huge milestone for me looking back to how it all started..
Isn't she the same Mrs Mary Patricia Hester neighbors are talking about, she has to be a perfect expect for people to talk about her so well.
Her platform is wonderful, and her services are exceptional
Make a video on tech business idea find in this comparative world...
Jimmy has software?? I wanna hear more about that!
17:02 collaborating makes companies better, but collaborating requires social skills
This is the best type of video. No jump cuts, flying subtitles, fancy graphics, ADHD style video edit. Like if you agree so he can keep this editing style.
❤❤ nice
Value 🎉
Key PERSON risk. 🤗
Alex made a really interesting point: "consumers get a discount for buying in bulk while investors pay a premium for buying a higher volume"
(its paraphrased btw)
Can some one explain the last part which is related to dental from 17:05 - 19:01
In the first 5 min he’s basically describing being a franchisor 🤯
Yes I thought the same...
so when he does the roll up he is just selling a group of locations from the "franchise"? Or is he selling the whole franchise?
Alexander Sir pls make video on How to get rich from broke to rich which habits broke need to be followed to get rich sir pls take action I'm your biggest fan ever
You already know what to do, all is left is to do it. That was actually something he already said. You 1. have the best intentions towards your future self 2. you have the most information about your current state. So there is no better person to advise you on what to do other than yourself
So what is a roll up?
Can you do something for nail salons?
that would be a hard one
How to improve profit for a Laundromat ?
Just Win ! ❤
I regret not following you sooner just watched one of your videos and I always knew you were smart when I listened to you once but I skipped the vid
Here after the title changed.
They have variants for the video, with different headlines. If you scrolled past one time, the title will change. Thats how they measure which headline is more effective
funny you mention that i was just petting my golden goose...
That was some very confusing analogies! :D
I am a 15yrs old boy from India. I have started a business where I automate business like automating their all tasks. This is what i offer but I am lacking of clients can anyone help me pls?
Keep the goose 🦢 laying golden eggs 🥚!!!
Famoose the moose. Fameese the geese.
after $100M Sales comes $100M Exit 👀
🏁 Learnings
Sell the eggs, not the goose. You can sell the goose, but usually only a minority.
Instead of impatiently cashing out every golden egg immediately, Save one and raise it into another golden egg lane chick.
not many people want to sell there business 🤣
Thank you Lord Jesus for the gift of life and blessings to me and My family $14,120.47 weekly profit our lord Jesus have lifted up my Life!!!
Since meeting Expert Anna , I now agree that
an expert managing your portfolio, the
rate of profit is high, with less risk.
AS!! I know it's possible, I'd appreciate it if you showed me how to do it.
I think I'm blessed if not I wouldn't have met
someone who is as spectacular as expert mrs Anna
Yeah! 240K from Flora Wood, looking up to
acquire a new house in Ohio i's a
blessing.
Please how can l reach this Expert Anna everyone is talking about?
I know you, right?
Why make videos instead of doing business?
Maybe you could have a residence and make teens work for free or something
If you're not coming from Tiktok you can't like this
Most TikTok consumers don’t watch long form they just continue their doom scroll
Who TF has time for bullshit like tiktok.
This sounds like you have this advice to @nehemiah Davis!!!!!
🟣 Mozi Video Takeaway
• Topic
Making your company sellable
//
Reflecting, this is what I got from the video.
Caveat: I'm not at the stage of selling a business so
---
• Analogy/Humour
The business is like a golden goose with eggs.
Sell the golden eggs to keep the goose going,
until the golden goose is fat/fertile enough to sell for so much that you could buy more golden geese.
// at least, that's how I understood it
---
• Takeaway 1
+ Systematically self-remove
If we plan to sell the business, we've gotta make the business bigger than ourselves,
such that if we sell it, it doesn't die without our attention.
---
• Takeaway 2
+ Sell the egg first
If our brand is bigger than our business, we can sell parts of the business to fundraise … the bigger business (the other parts of the brand/portfolio).
---
• Takeaway 3
+ Rally the village to raise the child
Takes a village to raise a child. Takes a villager to rally the village.
A part of the business can be run by others while we focus on growing the overarching brand.
How - selling a portion of it.
---
• Takeaway 4
+ Collab / Merge
We're not competing against our (would-be) "competitors".
We're competing against the couch.
We're competing against the things that keep our prospects and customers from making the best of the solution we offer them.
---
• Takeaway 5
+ Sell Big Money
Big money is lazy.
They'll pay a premium, to not have to do as many deals
They'll pay a premium, just to avoid an extra hassle.
-•-
//
If this helps you, lemme know.
If you have additions or corrections, lemme know.
Happy hunting.
Thanks bro for writing this much
@@GauravTalks-cj3pc glad to be of service mate