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Millionaire Reveals “7 Things I Wish They Taught In School”
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- Опубликовано: 25 май 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.
1 - Foundation (read, write, math)
2 - Phisical
3 - Professional
4 - Emotional
5 - Relational
6 - Financial
7 - Philosophical
Thank you!
Times they start would also help. 🤭thank you for the topic break down.
There’s a huge difference in quality between actual successful people like Alex or Patrick Bet David vs the videos from Dan lok, tai, and cardone. They have good information you can piece together but the entire video feels like an up sell. I definitely enjoy the content Alex is producing. Keep it up!
Appreciate it. Thank you.
Tai just dicks around most of the time. I like Alex way more than Pat even though I've been watching Pat for years and just came across Alex!
@@sashaa6175 I agree with some of the things you said but not all. If Alex decides to sell... It doesn't mean he is full of shit. Most of the gems he gives us for free should be sold. He's actually showing his whole struggle to the top while still learning on the job.
Bloody well said!
@@sashaa6175 just because someone sells a course does not mean they’re full of shit. If there’s information in the course that will lead you to making thousands of dollars why do you believe you’re entitled to it for free?
Your channel is GOLD.
So glad you decided to do a RUclips channel.👌
Appreciate that. Tysm
@@AlexHormozi we appreciate you
I cannot wait for this dang channel to fully get snatched by the algorithm. Rooting for you dude, this content adds a lot of value to myself and I’m sure plenty of other people
It's happening
It happened
Eight (8) could be Time Management. Theres big difference in watching youtube videos and getting high of them versus really working for the next sale, next accomplishment, next meeting, next gig etc. Keep up good work alex, really enjoy your stuff.
True
Good one!
Absolutely 💯
Nah that's part of the philosophy
@@k4piii XD
Alex, your relational and emotional “vibe” has matured and grown in the last 5 years. Your success has allowed you to become more humble, an admirable trait. I personally thank you for the effort time, value and passion you put out through your content.
“Having enough money to question the meaning of life…” was gold 😂
It resonated. Communication is the bridge to getting almost whatever you want. If a man believes he cannot do it no amount of effort will get him to do it.
100%
Great content. I would add at the foundation level „learning how to learn“, which is not taught well in schools and which most people don‘t master, but it is probably one of the most important skills one can have.
This is a great point the book from Jim Kwik called Limitless is a good one for this :)
As well as, The Art of Learning by Josh Waitzkin
These are the mental frameworks valuable for a lifetime. Thanks Alex!
Appreciate that ty.
Hi Alex, I found your channel yesterday and I can't stop watching your videos. You are so kind and helpful bro! Thank you so much for spreading your knowledge with us! Love from Poland.
There’s “entrepreneur schools” but let’s be honest, they’re not legit. Hahaha love this. Gold sir 👍🏽
What you mean by legit
Congrats to 11k - you were poppin on my YT start screen yesterday - really like the content. I guess tomorrow i am done with all your videos. :D
This video really inspired me to try and work on these things. What can feel frustrating is knowing you’re deficient in an area of life but not knowing exactly how to improve. If I could surround myself with people such as yourself I think breakthroughs would happen so much faster. It’s difficult because we’re so used to our comfort zone in life, friends and family that will not be the source of that leveling up.
Emotional has been a HUGE one for me as the business has grown. It was something I never thought about before having my biz. And the great thing about it is... you're never done improving it.
100%
@Blake Smith That's the goal.
Looking forward to the books, please keep us posted. I will read from front to back and spread the word.
Appreciated.
Love these, Alex. Where can I find you diving into your current philosophical beliefs & specifically how they've evolved over time? Thanks man!😁❤
I always acknowledge that it is so lucky that Alex and I live in the same timeline of MEDIA.
Clear and crisp thinking. Volume + Skill (one begets the other). Good shit. Thanks!
Can you do a video on what books to read at different stages of entrepreneur business growth
From startup to 100 staff
What skills are required at each stage?
What books to read?
That would be gold
Much love ! Great value
Thanks Alex, I appreciate the time your giving us with your perspectives, lots of value here!
It’s insane to me how there are not more views on these.... HE GIVES NOTHING BUT VALUE 🙏🏼💪🏼🔥 thank you Alex
I don't think anyone has ever provided this much information or shared their experience and knowledge for free, ty so much Alex for these consistent uploads. I'm gonna meet you soon 🤞 time to grind 🙌
Appreciate it my friend
This lesson reminded me of this quote “Watch your thoughts, they become your words; watch your words, they become your actions; watch your actions, they become your habits; watch your habits, they become your character; watch your character, it becomes your destiny.”
― Lao Tzu
Your content is incredible, I appreciate you taking the time to make these!
Would be so helpful if you had a video talking about learning resources that touch on the major aspects of being an entrepreneur
Thank you Alex! Your content has helped provide massive clarity and I look forward to digging through and applying more of what you have to say!
Appreciate you bro, transparent and genuine from your view is great. Well be partners one day in near future.
Thanks so much for sharing your knowledge brother !
thank you Bro. Appreciate your help
Wow, this is one of my favourite videos of yours Alex. I have to say, your speaking on philosophy’s importance in life, really hit home for me. Keep up the great content, thank you for putting this out there 🙏
Hey! Just started following you. Love the vids, thanks!
Great content. Can you do a video for the philosophical point. I believe that it's one of the most important things. Even if you have loads of money if you don't know how to live your life you will always be miserable. Appreciate the moment. Thank you!
This is great, Alex; thanks for sharing your experience and perspectives with the world;
This is a great vid. Thanks Alex. Very sincere and informative.
Lots of value in these videos! I love how you emphasize the words we speak.
Thank you Alex, your RUclips channel helps me. :)
Great information. I watch Alex every day.
"Filling the hole in your life...", this hit a solid moment for me. Its about need, even if you have zero want in the pursuit.
Amazing Alex!! Really good content with great value. You are a wise person.
Love this. Thank you Alex
Truest thing I’ve heard about entrepreneurship is that it’s not about making money it’s about self development and through that the money comes.
It just occurred to me the same thing too. God isn't blessing your business per se but rewarding your growth and development gained from participating in the enterprise
Providing value to others is where money comes from. Becoming better at it requires personal growth.
Thanks for sharing Alex
Bro you look too funny with that mustache for a multi millionaire guy 🤣, but i like it and also the content is pure gold 👌
Great information. Thank you.
Absolutely! Essential life skills. I’m Always learning . I’ll send my kids to your school any day. 😮🎉
I teach theater for elementary students - all we essentially talk about is how theater / life is about telling stories. We all tell stories, we all have narratives, we all play roles. Our life is nothing but the story we tell ourselves about the role we play.
Thank you so much for making these Videos! Really have helped me a lot more than you know!
I am really grateful that I have found your channel Thank you so much.
You’re an inspiration Alex thank you for your work and sharing your knowledge, keep growing beast🫡💪🏻
I also learn by doing and then teaching, agreed so much!
Thank you for sharing. I've learned so much for our own businesses.
I love not get bombarded with ads and sponsors with alexs videos, very educational and I love watching them !
Thank you for this 🙏🏽
Love your videos Alex. I’m actually an expert in identity values and well being... or what you would call philosophy. Healing and growth as it relates to trauma and loss is what I do as a personal vendetta. “Strength from pain” i need to refine it more and make it a little more simple for others to palette and simply understand before I can create a course and coaching or speaking gigs out of it... but I definitely see your identification with shame.
Your doing great work anyway, there’s a lot of people who are worse, completely destroyed by dysfunction, trauma and shame...
"The mass of men lead lives of quiet desperation, and go to the grave with the song still in them."
-Henry David Thoreau
Thank you for the great video!
Thanks for teaching these informations, I'm taking notes 🙌
Love your channel man keep changing lives your doing a great thing !
Alex, thank you so much for teaching us. I really appreciate it.
Always fired up when I see a new Hormozi vid!
Thanks man.
This is officially my favorite RUclips channel. I really appreciate these videos.
This is my new favorite channel ever here on RUclips 🔥. Pure gold.
Alex your videos are a gem, can you please share your favorite reads for entrepreneurs
Thank you for sharing your time by Teaching us!!
100%
Great stuff man, Thank you.
Honestly your content has been incredibly valuable for me, surely for others as well.
Super proud to see a fellow Iranian at this level of succes. Respect.
Say "right" one more time 🤣 jk love your content
This is $5,000.00 advice right here. Much respect Sir!!!👍
This channel is a hidden GEM. Alex you and your mustache are fantastic. Cheers brother!!
Bro!!! Selfmade Man here in my early 50's. 7th grade drop-off... I have make it till some level... were i feel i just like a mouse wheel. . . Till now that i discover your content,personally for me You are the Top Dog. however listening to you , had have me do ,think in ways I never saw Thank You! Thank You Thank You Sr. I'm earning 6 figures as now, when I Get to 7 I'll le u know 🤜🏾💥🤛🏾
A million a week. Anyone not listening to this man, is taking the hard road.
Just doing what we do
@@AlexHormozi gradually implementing what you teach man 🤘
Love the video partner, your aiding in my self development everyday!
Somehow the algorithm suggested your channel to me, and i almost didnt click on it cos of the handle bar mustache. Im so glad i didnt go with my gut instinct 😂 your channel is awesome and your content is even better. Keep up the great work, ill definitely keep watching! 👏🏼
How did you improve your “emotional” and “relational” outside your work?
Thank you for the clarity. For one, I need it much.
Traditionally, foundation also included events of history such as the merchants of Calais, historical events that have a mythical value.
So much value! 👏👏👏 so refreshing … inspires me to start making videos again on here 👍
Amazing info thanks! Also for all the other ones ;)
Awesome great information Alex! Thanks for sharing
Wow! The amount of free knowledge here is crazy
This is one of the most inspiring things I've ever seen, even after finishing a Philosophy degree at a prestigious University... I'm thankful for finding your lessons, you just became my mentor dude, thanks! Peace
Dante.
QUE MACHO! Thank you Mr. Hormozi for sharing your hard-earned lessons. I have recently subscribed to your channel and it's tremendously educational. Your actions speak volumes about your genuine good-will and kind heart. You are touching so many hearts in so many levels. Thank you X 100M
Incredible wisdom....thanks so much for sharing
Alex you have changed my life thank you for the content. The best channel on RUclips.
Sincerely thank you Alex..truly educational and motivational..Philosophical was the true epitome of all,you are right..
Kaizen!!!!!! You just nailed it. The best method of learning is by teaching. We retain 90 to 95% of the information when we teach it. We also correct are mistakes much faster than if we just learned it passively. Also remember how humans learn, which is through there senses and social and emotional attachments to content or to the teacher.
Sir, I'm a recently new subscriber, and I love your content. Beyond that, I love your authenticity and the way you think. I've visited your website a few times now, and am super excited about learning sales from you. When will your real world sales course come out?
All are so important. Math can help for all the seven so much. Math is a key for finance, but also for emotional and even philosophy. Thanks for this one.
Thanks for sharing
Thanks Alex! Beautiful video.
Great straight up insight! Great Job!
These videos need more views man...
Thank you Alex! I appreciate what you're doing
Did you have a goal of achieving where you are today and committed to that goal until you saw fruit? You seem to be a learning machine
I only focus on what I need to take next step.
@@AlexHormozi thanks for the response man! Your skills and growth are definitely helping me and many others. Your perspective is light years ahead of where most people are living day to day.
Excellently explained
Thankyou Alex, really helpful!
A philosophical belief I have grown up with is that life is a collective consciousness fulfilling a unique purpose through a mind that needs to keep growing in awareness. As my mind expands in awareness when it is awake, so does my gut instinct a.k.a., a unique version of the collective consciousness. This incremental process is how a life's purpose is achieved. Thanks for sharing your perspective!
0:40 That resonates man
Don't stop making videos. I run a business and this is very helpful!
Thank you for these videos
Wowowow so good . Thank you beyond words🙏
Thank you
Thanks Alex! Great video
Ty
SUCH GREAT TRUTH in 13 minutes!