How to make SO much money it makes you sick

Рет қаралды 570,096

9 ай бұрын

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.

Пікірлер: 480

@AlexHormozi 9 ай бұрын

Watch my presentation on "How to get SO rich you question the meaning of making money" next: kzfaq.info/get/bejne/iMpxfrt70bOtioE.html

@theseal126 9 ай бұрын

This video was absolutely amazing!!

@embodiedbillionaire 9 ай бұрын

My goal is 10k ultimately🤙

@richardkerr8492 9 ай бұрын

That was an incredible video - watched it twice already and putting it into action. Thanks so much!!! 🤘⚡️

@EddyLeeKhane 8 ай бұрын

Should we watch that video first?

@iamthekaverik 8 ай бұрын

@@theseal126 a-greed

@heres_2cents 8 ай бұрын

Sadness -> Lack of options -> Ignorance Anxiety -> Too many options -> Lack strategy (priorities) Strategy: A list of priorities and tasks required for to accomplish goal. Priorities: Aim for high leverage. Finding out how to do more and do better, NOT do new.

@whipsss 9 ай бұрын

“you become wealthy from the stuff u own not the stuff u do” very well said.

@kahlilgarmon7315 8 ай бұрын

Idk this sounds kinda stupid…. Not the stuff you do 🤔 Maybe that’s why I’m not rich though.

@kahlilgarmon7315 8 ай бұрын

Of course, still no doubt Alex is goated

@whipsss 8 ай бұрын

@@kahlilgarmon7315 u obviously have to do stuff to own stuff but that’s not the point. It’s not like u can sit around and it drops on ur lap. If you watch the video he says it in context

@raymondayala5355 8 ай бұрын

@@kahlilgarmon7315it’s about appreciating assets and reducing liability. If you OWN, good, stocks, real estate, Crypto and companies, you’re buying appreciated assets. As long as you’re profitable.

@kaibe5241 8 ай бұрын

I think because you don't understand what he's saying. If you put it in context, what you own provides leverage, not what you do. You own skills, businesses, stocks.etc. You can do things forever, but that alone won't make you wealthy.@@kahlilgarmon7315

@TheBlakeBauer 8 ай бұрын

"The constraint of the business is not working more hours, it's working on the wrong sh*t." - Strategy is key.

@clayruf 9 ай бұрын

Whose ready for $100M Sales 🤚🏻

@ObsidianKingSlade 9 ай бұрын

He already has plenty of sales videos and his CLOSER framework While you wait

@bl_sonic3288 9 ай бұрын

It’s money models next

@bestofthebest3812 9 ай бұрын

Did you guys even make $100k from the last 2 books?? $100M Sales is for people who have already made a lot of money and just want to expand.

@danielmcpherson9062 9 ай бұрын

@@bestofthebest3812I haven’t watched this video yet. Does Alex explicitly state this or is that an assumption?

@alejandrob6987 9 ай бұрын

So ready

@lordjamescbeeson8579 2 ай бұрын

Your talks help me so much to stay on track with what matters. Thank you.

@nenavonsternberg Ай бұрын

I love this. It is really tough to work for 2 years to make your product exceptional and see no immediate return, but there was no other way, I have to love it. Now to the moon (at rocket launching stage).

@Noah-Developpementpersonelle 4 ай бұрын

I really admire the way you can speak for so long without interuptions and making a constant effort to truly understand your audience to give them the absolute best advice possible. props Alex!

@npd253 9 ай бұрын

Absolutely amazing stuff. I've listened three times today and each time it's something new.

@MrFox1111 9 ай бұрын

Alex... you have such a brilliant way of thinking to produce and distill these simplified frameworks. I am truly greatful that you came onto the scene, and thankful for all you've taught us. You giving this away is honestly such a service to the world.

@ren1643 8 ай бұрын

Many insights. I’m not even an entrepreneur yet. I will keep these ideas for my future projects. Especially that first bit. Anxiety and Sadness.

@fredrick745 9 ай бұрын

Mozi over delivers regularly. He’s a Blessing to us all !

@LanaiintheSky 8 ай бұрын

You are truly the bomb-diggity, Alex, and I'm determined to bring a growing business to you in the not too distant future to GROOOOOOOOOW it even bigger🙌

@Bluestarembroidery 8 ай бұрын

Lots of value in this presentation! Thanks Alex!

@cymdesigns 6 ай бұрын

Banger, Thanks Brotha!

@TheCherelynnShow 9 ай бұрын

Thank you Alex! Fun presentation with lots of learning!

@rogerslogan34 8 ай бұрын

Thank Alex, for so much value, I am so grateful

@drumaxcruz5797 7 ай бұрын

I'm currently working for someone & I'm in the position to start getting this business to start doing sales & this and other content Alex has provided has given me so many good ideas to implement. Thank you.

@Walamila 7 ай бұрын

good luck for your journey bro 🤜

@nicholaslinetti 8 ай бұрын

It is always good to have a financial plan. I work with a portfolio manager and fixed income planner in the USA. The fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion but will provide legitimate income.

@demetriussullivan4088 8 ай бұрын

I completely agree

@StellaAlmiron 8 ай бұрын

This is very true! A lot of people downplay the role of a financial planner until burnt by their mistakes. After my last job layoff, I had to stay afloat, hence researched for licensed fiduciary advisors. Thankfully, I came across someone of practical knowledge and experience. My reserve fund of $225k has yielded nearly $1.3 million after subsequent investments so far.

@trevorleigh6393 8 ай бұрын

Insightful. I need some advice on how to rebuild my portfolio and develop successful market tactics. Where can I find this professional portfolio manager?

@StellaAlmiron 8 ай бұрын

I have been inclined with CHRIS RYAN STEWART, a CFA whose experience speaks for itself. I saw his take on risk management a couple of years back and I was amazed.

@StellaAlmiron 8 ай бұрын

He has been the CFA responsible for my portfolio success, he operates a private client base you can confirm him yourself on the internet, regulation and all that.

@bradleybevan9699 8 ай бұрын

Incredible. Thank you 😌

@PolloBS94 9 ай бұрын

Invaluable lessons, and i'm not even a business owner and i still really appreciate them! Thank you Alex

@DanielRondberg 8 ай бұрын

Thank you for sharing this video!

@TheCommonWhys 8 ай бұрын

very informative. Thank you

@ThirstCastofficial_ 8 ай бұрын

Really learned a lot from this, thank you for sharing 🙏

@LeoGibson. 8 ай бұрын

very insightful video thank you!

@thecodean 8 ай бұрын

such a great talk!! the last few minutes are probalby the best part of the talk!

@user-yj5uq1pq9d 9 ай бұрын

I love your content. Keep up the good work

@dstmessenger5803 9 ай бұрын

love that you keep pounding us with these presentations intermittently. Genuinely.

@nickstebbens 8 ай бұрын

thanks for the insights, awesome stuff! looks like you could use some more hamstring and hip flexor stretches

@nickstebbens 8 ай бұрын

flexibility increases effective ROM - you'd be surprised how much those hip flexor stretches increase your squats

@johnrigneyministries4578 7 ай бұрын

Great video ! Question… are you able to give me some advice on improving my Drywall & Plastering co. We have 2 locations and are doing good .. but … we want to really take it to the next level and don’t know how

@somesteak6100 9 ай бұрын

Alex you are incredible. I am so inspired every time you make a video. I have put the “if you have 3-4 A players then you’ll have a business beyond your wildest dreams” quote into action. I have 1 A player and 4 B-C players. Constantly running now hiring ads and interviewing like crazy. I will have more A players as teammates in a matter of time! I can feel it!! Thank you

@coscorrodrift 9 ай бұрын

who's the A player?

@RM-lk1so 8 ай бұрын

Man... u need to share the CHEDDAR in options and profits. That's the carrot. Stop selling the trading hours for dollars. Get them to have skin in the game. (Business) Hourly is a lazy mans play

@YUUURRTTW 8 ай бұрын

@@RM-lk1so10k in cs2 rn 💪

@originsdecoded3508 8 ай бұрын

Remember, your team must be a mirror of your own values and qualities. in order to really find the other A players, you have to look at yourself and then find others just like it.

@quekumber 9 ай бұрын

I think I know exactly who you are talking about regarding the dentistry segment. Mark is a good dude.

@micheleluvara3091 9 ай бұрын

the magic you are looking for is in the work you are avoiding

@user-yb6ds2pb3r 8 ай бұрын

06:33 Being strategic and prioritizing is key to making the most money 13:06 Create leverage by getting other people's hours to work for you. 19:39 Build wealth through owning assets, not just earning income 26:12 Focus on strategies that get more customers, increase customer value, and ensure continued success. 32:45 Focus on improving little things over time to create big outcomes. 39:18 The key to success is to prioritize improving the actual product or service over marketing efforts. 45:51 Intelligence is the rate of learning, measured by the speed of behavior change within the same conditions. 52:21 To scale a business and generate more leads, simplify the operations, reduce costs, and focus on improving profit margins.

@kyleburtka6163 8 ай бұрын

Please and thank you Alex.

@LionElAtonArt 8 ай бұрын

Why are all your videos the best business videos on the internet? This is crazy.

@brazatolz213 8 ай бұрын

Awesome video Alex.

@bonedust68 8 ай бұрын

Adding aggregate value, adds value to your enterprise. And to your Brand as well.. Your Brand is the Value down the road.. at first your building onto it with assets... multiplying your value in the marketplace..

@WholeHealthConnections 8 ай бұрын

This really is a great presentation that spreads across all industries

@PranavTambat5001 8 ай бұрын

Please add cut outs 🙏 ❤❤❤

@koru615 8 ай бұрын

I love your stuff Alex. Thank you so much for making your insane info free online. I had a question though. Do you have any recommendations for an artist? I’m not sure how to go from a soul sucking hourly job to a professional artist. There must be a fine line between what I create and what people like but I don’t know how to do it.

@iamthekaverik 8 ай бұрын

I'd recommend The Futur and Chris Do - it's similar, but it's for designers and creatives I'm also slowly putting together helpful resources from my own journey in the area (I do 3d graphic design)

@justusgreen8498 8 ай бұрын

Don’t listen to people who teach you how to make art, anyone can learn that. You need an advantage? Do you know what it is? It’s your network. You’ll never sale a painting until you’re discovered. It’s impossible. Get my point?

@ProPrivaC 8 ай бұрын

This is amazing conceptualisation and crumping the understanding into a understood nutshell answer beutiful

@BrunoPadilhaBlog 8 ай бұрын

Literally millions of dollars of value on a free video. Alex is the GOAT

@slatercolt 8 ай бұрын

Okay I gotta know, where does he get his flipcharts from? I'm looking to buy one with the rolls of paper online and I cannot find it lol

@vanessa-mary.lifestylecoac8168 8 ай бұрын

🌠 Thank you @AlexHormozi! The wisdom you have shared in this presentation is excellent. Your talk has supported me to identify the constraints in my micro enterprise. Now I need to work out a way to resolve this as quickly as possible! 🙌

@vanessa-mary.lifestylecoac8168 8 ай бұрын

🌠Thank you for your reply @AlexHormozi - You shared one simple strategy in one of your videos (sorry I didn't comment there) that I am working on implementing. Thank you. 🙌

@aureliobjm 8 ай бұрын

It’s my first year investing and man it’s hard to see my portfolio getting brutalized these weeks. However, a few investors I read about, even in the comments were able to make profits of over $350,000 in months. I must be doing something wrong. Please i need some hints on how to make actual gains.

@MarvishaN 8 ай бұрын

The only wrong might be the strategy you're utilizing. My only advice is : Read some good books on investing, or just you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

@josephbush 8 ай бұрын

This is why I've been in touch with a financial analyst ever since I started my business. Knowing today's culture the challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

@josephbush 8 ай бұрын

@albatkobe HEATHER LEE LARIONI guides me. She works with Empower FinanciaI services. But there are a lot of independent advisors you might look into. For me, her strategy works hence my result. She provides entry and exit point for the securities I focus on

@s.muller1260 8 ай бұрын

These scammers are getting too good, it’s scary

@krujuice 9 ай бұрын

I'm building a cooperative corporation, similar to an REI, would you have advice based on this? I'm working on a five year plan with two other organizations assisting in finalizing the plans for legal purposes. Would love to hear your thoughts on this.

@RockStarMichael 6 ай бұрын

I have 43 dollars to my name after 30 plus years of compulsive gambling. I'll never know what it's like to have any real money. But I am intimately familiar with what it's like to feel sick and destroyed. 😢

@prithweeshjoardar5332 8 ай бұрын

why did the camera man zoom out in 30min mark ? , i didn't understand that part

@IrizarryRegenerativeFarm 9 ай бұрын

I’m sick right now, stayed home because I work at a bank.. I’d rather be sick and have tons of money.. I’m watching the video :)

@letelba1 8 ай бұрын

Hey HELP here! Do anyone know what model he is talking about when he mention the dentists?

@chrisdelafuente8489 5 ай бұрын

This is gold!! Incredible

@Artbyevelyn 8 ай бұрын

Waiting for real content on marketing SEO like the things that really brings value

@FIintztone 9 ай бұрын

This was an amazing presentation. Also, 36:11 - LMAO

@NetanelColish 9 ай бұрын

Tysm! Wow!

@BurnJK 8 ай бұрын

Some great nuggets here

@Fetchup 8 ай бұрын

There is no gem of information in this video. It’s redundant and circling. That’s the business model: keep their eyes watching and hoping for a glimmer of wisdom

@VictorValleMineiro 6 ай бұрын

Awesome!!!!

@vidkolosa 9 ай бұрын

Hahahah Alex your next stop really are Stand Up Comedy Shows. This was so educational and funny at the same time. Thank you.

@RM-lk1so 8 ай бұрын

Fk that. A representative of a state for a political representation of the people. This can all be transferred to operating a Government agency. CUT THE FAT.

@urbancamp5595 9 ай бұрын

Hi Alex, I wanna start a supplement dropship online store business, do you have any tipps ? (I own maybe the most valuble premium domain for that specific area plus im an expierenced athlete both in training and supplemenation)

@UnemployableFakeGuru 8 ай бұрын

An awesome, much easier way, is to hear me out Alex.

@kathleenstoner.n7499 8 ай бұрын

THIS used to be one of my most watched YT channels... sadly, it's been a while since i visited it has been a very rough year... i am experiencing one of the toughest phases of my life... Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.

@joshuamaserow 9 ай бұрын

One of those rare videos you wish you could hit "Like" twice on. Here is my comment for that. Its like music. Thanks Alex.

@RM-lk1so 8 ай бұрын

This a Ivey League Professor teaching Business. Fk the Harvard and Princeton professor

@TimJSwan 8 ай бұрын

The problem is that people don’t actually know who “sucks” in software research companies. They get rid of the geniuses who know exactly what they’re doing, but that’s just my opinion and I put all my bets on it because I saw it happen to me.

@rico-suave9078 8 ай бұрын

Alex will be remembered as the GOAT of entrepreneurship!

@Mrchamprose 8 ай бұрын

Thanks Alex

@chriswalter92 9 ай бұрын

I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal._.,

@everlyisla6056 8 ай бұрын

I'm in my late 40s and using Dollar-Cost Averaging (DCA) for my TD investments. My Colleague sold few stocks, and re-entering the market is proving to be quite challenging. By the way, I also have my eyes set on owning a Dodge Charger, and there's absolutely nothing wrong with that.

@Vinyvasquez 8 ай бұрын

Good job. You can survive years without touching your savings? How much do you make? And how do you split is amounts saving, spending and investing?

@levisebastian9525 8 ай бұрын

I have had some concerns about a few share price movements and the current situation of our economy has opened my eyes to the importance of a good mentor that can diversify an achievable life plan..

@henryalexander688 8 ай бұрын

I am looking to get into the markets, does anyone have an adviser that has made any notable changes to their portfolio? I am in the market for one. how can you tell a qualitative professional/how profitable has it been for you?

@leocarter2065 8 ай бұрын

My approach is primarily focused on maintaining liquidity, and we actively participate in money markets and currency trading. So, yes, I'm still engaged in the financial markets. Over the past two months, I've achieved substantial profits, and we consistently update my watchlist after rebalancing my portfolio. Currently, I possess a portfolio valued at $2 million, and she diligently manages all activities related to the account.

@RM-lk1so 8 ай бұрын

That is a liability. Not an asset. Its net loss

@MatteoHeidel 9 ай бұрын

2 minutes in and there's already so much value

@coolmagnifico 9 ай бұрын

Huh

@anhhuynguyen4969 Ай бұрын

23:50 More>Better>New there is no silver bullets, there are 100 golden BBs, which comes from youre should do list

@heres_2cents 8 ай бұрын

Intelligence: Speed of learning. Learning: Ability and speed to adopt change. Change of behavior ❤

@JOValentino 8 ай бұрын

Thank you

@chrisklugh 8 ай бұрын

I have the same business philosophy. Quality > The Rest. You've probably heard of the Triangle. Pick 2. Speed, Cheap, Quality. Everyone races to make things cheaper and faster. Its a race to the bottom.

@RM-lk1so 8 ай бұрын

What ever happened to Quality and service? I know. China.

@brendang4343 8 ай бұрын

Hey Hermozi, was that Sarah that messaged you @ 19:00 😂

@travisminneapolis 8 ай бұрын

I heard it explained that a company should be like a Team not a Family.

@stefanravram 8 ай бұрын

Great lessons 🫡

@leoyoshinaga7408 8 ай бұрын

Anyone know the name of the video where Alex lays down his sales team's habits. Something about starting at 6AM and role-playing. It would be really useful to me right now and would be appreciated!

@iamthekaverik 8 ай бұрын

I'm not sure, but searching some keywords on his channel may help. it's worked for me before

@heres_2cents 8 ай бұрын

Making a business more appealing to investors: 1. Make better “sandwiches”, better product 2. Improve backend (operations, logistics, costs, margins etc.) - not focus on how to market better 3. Consolidate, simplify, systemize(make frameworks) ->this makes it replicable ->scale Takeaway: eat your own “sandwiches”, continuous self diagnosis (look inwards!) ❤

@marissagraceartistry 8 ай бұрын

Please make “have you tried your sandwiches” tshirts that is gold💀💀💀

@cremls 8 ай бұрын

Im glad you're doing videos again but it seems like something is missing in the explanation of the concepts you're trying to explain. I am probably not getting it and need more time with it.

@user-yu9fc6fd1x 8 ай бұрын

I think intelligence is the ability to: Obtain, Retain, & Explain information.

@CaseKitDotCo 9 ай бұрын

This THUMBNAIL , I’m weak. Let’s goooooo 🎉💸💸💸💸

@chasec3860 9 ай бұрын

@AlexHormozi big fan of your content. Here’s a question for you… As a fan and consumer of your content, I’ve heard the phrase mental masturbation thrown around… You put out extremely deep and fruitful wisdom on the daily…but as we all know, if we want to get to where we want to go we have to stop consuming and start -doing-. Question: Once we understand the lessons that your life and your brand can teach us, should the average user get off the scrolling and focus on what needs to get done? It’s somewhat an odd question, your content pushes the audience to be their best selves and go for their entrepreneurial/life dreams….but once they get the point, they should put the content down and get going on their own grind. God bless.

@Ryanwalz 9 ай бұрын

Alex you talk a lot about advertising high ticket sales and services, I’m doing $100k/yr rev with my wholesale side having reoccurring product sales ranging from $100-$4000+ a month and have more room for ads. and mkgt., my retail margins are good but there’s not as much room for ads with the average sale being $90 for flagship product. My question is how do you run ads to retail customers on lower ticket products.