Learn New Skills Easily
theideasmithy.com
Want to SCALE your business? Go here: https://acquisition.com
Want to START a business? Go here: https://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 https://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.
source
NICE🤗
God, Yeshua, and The Holy Spirit are great love know and bless you in Yeshua’s name amen!
Which skills should we start learning
The fear of insufficiency is the mother of all failures
This
FYP
Fyp
Yeah, I'll try to do better in this part
Exactly 💯
Oh no, we are lazy 😂
this is so true
Fh
love your content.
So-True- re- being "afraid of sucking"! 'Here's to being less afraid of sucking and more just jumping right in!
Train your brain to be ok with sucking at activity when starting
Associating the feeling of insufficiency with learning and growth is so smart
That’s not the case with me.
that made sense. exactly what i need to hear rn. thanks man!
Thank you for this
What kind of website did you learn to build in 10 hours, mate? it feels as if you're just talking to a bunch of children who have zero idea how life works.
This is the greatest example of slight changes to a video that will make it go viral or not I saw this exact video by him and it had 800 likes he didn’t change what he said he changed where he was when he said it the title of the video and the sound behind his voice and this has 12k likes
ive done plenty of things for over 20 hours and am still misserable at it, for example spelling
😊
Can't believe this is for free 💪🏽
U said 4 last vid. I hate people like this. Lol
It took me about 20 hours to build my 1st website in 2020
I just procrastinate doing the skill with learning about doing the skill.
can someone recommend me best website to learn new skills
like upskill
tell a musician it takes 20 hours to become proficient at any skill...
This is gold!
What about not starting because of not know how to start or how to do something?
So true!
Yes! Exactly!
Thank you, Alex Hormozi. I guess i better get started on my first failure-- makes me rethink the decision to use my actual name when i bought my domain...
Oh how agree with this video. Its prophetic I am about to buy my first webhistung to try and build my first ecommerce online store and I am so afraid that I delayed a week so far. TOMMOROW I will buy it and start. Wish me luck. Because I will need all the help I can get
yup makes total sense
They told Alex to smile more😂😂
Wash your hair man