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 0,000,000+ 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 M profit the next 6 months. Then M profit next 12 months.
28 yrs old: Started Prestige Labs. M the first year.
29 yrs old: Launched ALAN, a software company for agencies to work leads for customers. Scaled to .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 .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 M in distributions we had taken + the cash from the .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 0M/yr between 10 companies. The largest doing 0M/yr the smallest doing M 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.
NOTE FROM TED: Please do not look to this talk for medical advice. While some viewers might find advice provided in this talk to be helpful as a complementary approach, several claims around brain size and lifestyle are not corroborated by sufficient scientific evidence. TEDx events are independently organized by volunteers. The guidelines we give organizers are described in more detail here: http://storage.ted.com/tedx/manuals/tedx_content_guidelines.pdf
Chronic stress is devastating for your brain. It ruins your memory, your attention and concentration and your emotional resilience. The brain areas that help execute these functions literally deteriorate.
Luckily, brain science has revealed many ways to prevent or counteract this. In her talk Niki Korteweg shares the four most important things you can do to keep your brain healthy and working at its very best.
Niki Korteweg is a Dutch science journalist with a PhD in neurobiology, and she has been writing about health and brain science for almost 20 years. Ironically, after experiencing a burnout about 10 years ago, her own brain started to let her down. It was the start of a quest in the scientific literature to discover what actually helps to guard our brain against stress and make it work better than ever. As a science journalist at NRC Handelsblad with a PhD in neurobiology, Niki is very knowledgeable about brain research, medical science, and psychology. She is a versatile journalist: she writes features, interviews, news articles, and books, gives lectures and teaches about science writing. After experiencing burnout in 2010, Niki published the book ‘Een beter brein’ (A better brain) in 2017. In this book, she discusses the fast-moving developments in neuroscience and all the ways in which we can use those insights to take good care of our brains. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
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