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Timestamps:
00:00 Introduction
00:24 Tony’s Impact on Alex
02:49 How Words Program Your Emotions
05:48 Push vs Pull Motivation
09:44 How Success Kills Enjoyment
11:03 Why Helping People Stops Feeling Meaningful
12:08 “F*** Happiness”
13:13 What Happens After You “Walk On The Moon”?
16:17 The Psychology Of Unreasonable Goals
19:34 Why Writing Checks Doesn’t Create Fulfillment
21:14 Getting Emotionally Associated With Impact
22:13 “Get Off Your Emotional Ass”
23:46 Why High Performers Feel Stressed
25:20 Why Environment Changes You Faster Than Logic
27:57 “Find A Goal Worth Suffering For”
30:20 Naming Your Modes
31:52 Choosing Who Runs Your Life
35:47 Why The Brain Reduces And The Heart Magnifies
38:09 Tony’s Negotiation Story
42:19 The Fastest Mental Rewire
46:26 Why Charity Doesn’t “Work” If You Don’t Care
47:13 How To Choose Opportunities When You Have Too Many
49:47 How To Find a Partner
51:12 The Science Of Achievement
53:13 The Only Thing Alex Feels Deeply Connected To
55:31 Ownership, Not Wages: The Real Escape From Fear
1:05:19 The Richest Alex Ever Felt
1:07:24 Tony’s Challenge For Alex
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 $250,000,000+ 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, which is a platform for people to build communities online, making a living doing what they love, with people like them.
36 yrs old: I did a $106M book launch selling 3.6M copies of my $100M Money Models book, in 72 hours, breaking the Guinness world record for the fastest selling non-fiction book of all time.
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
DISCLOSURE
Information shared here is for educational purposes only. Individuals and business owners should evaluate their own business strategies, and identify any potential risks. The information shared here is not a guarantee of success. Your results may vary.
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