Why I chose to disappoint my dad
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: 91
I started watching this video thinking Alex was going to give crazy value (as he always does). But, watching it for a second time, I’m realizing how good this interviewer is.
@KlaasVictor
2 жыл бұрын
Who is the interviewer? He is amazing!
@KlaasVictor
2 жыл бұрын
Bryan Elliott 😊
I know your dad. He is crazy proud of you and loves you to pieces!
Alex literally is improving my life like no one else so far 🔥🔥🔥
@vimalcurio
2 жыл бұрын
Ye
@esaualvarado5499
Жыл бұрын
You will succeed!
@stefanopapaleo1220
6 ай бұрын
Hows Life going?
It's a hard decision to take. Most of us strive to seek approval and validation from our parents, but it shouldn't be at the cost of our true passion.
@philmbu6741
2 жыл бұрын
Sadly. Validation don't mean shit in the end. All we need is our own validation.
@spikeboy101
2 ай бұрын
The moment you decide to live your life the way you want to, is the day you left the nest. If u keep seeking your parents validation and approval, then you're still their baby and not a full adult
Man, my respect for you went up x5. Strong man, but vulnerable when needed. Thank you for being here and choosing to go for more.
Thank you I needed this. Just left my family business because it just isn't my passion. Couldn't be happier making way less money atm.
I really like the hosy of this interview. Good questioning and backtracking to add context to the convo for viewers.
@KlaasVictor
2 жыл бұрын
Do you know who was the interviewer? He is so good!
I love the DEPTHS that this conversation goes into. Thank YOU. Thank you.
Really enjoyed listening to his perspective on legacy. 🙌 Very real and freeing in a sense.
@derekjp6043
2 жыл бұрын
Beyond freeing. My version of it is every time a friend or family member who just wants to go out every single weekend and spend time (and money) on weekend outings and even more vacations than I like ... my answer is NO. With kindness. And they've finally stopped making me feel bad for caring so much about MY goals, that I WANT to be selective in the kinds of QUALITY moments I do Choose to spend with my closest family and friends. While saying NO to all else. Alex Hormozi: say no to everything (for periods of time), and you'd be amazed at how much free time you have.
I love this guy! Alex you are smart and humble, and I love listening to you. Your perspective in legacy, how humbling!
Thanks again B for having him on…hope you’re well
For anyone wondering, the interviewer's name is Bryan Elliott
@KlaasVictor
2 жыл бұрын
THANK YOU 😃😃
It's good to know your point of view on this decision
Glad to hear you reconciled with him
My late husband of 30 years was Persian. He had to do this with his father's expectations. You rock!
Be here. Now. Play the game. Everything is just “is”. Therefore what happens next is in our control.
@lionofallah3441
2 жыл бұрын
This comment just prompted me to get up and go to the gym for a second time today 🔥
Love it, good stuff Mozi nation!!!
Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose - is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life! ~ ❤️ Nat
@jameswhoever3730
Жыл бұрын
Well pray for me. I been watching a million videos and nothing moves me, I've watched many ppl "work hard" and dont have anything. And he said his grandpa had 400 children. He was rich already.
@parcerstol4140
Жыл бұрын
@@jameswhoever3730 i’m praying 4 u. currently paying 350 a month living with 4 crackheads in a beetle infested house but the small steps are starting to get me out. these people aren’t like us we don’t have a fucking crutch like they do but i know it can be done and i hope u keep ur hopes up , it’s only as good as we make it
If I ever get suicidal again, I'm coming for this dude and hes going with me.
5:11 alex dropping his voice is cold af
I like the part where he says we all want to become like we were as children. Please don’t starve your inner child. Keep him alive and let go of unimportant things. Children care about nothing if it’s not playing games or outside until midnight.
Beyond freeing. My version of it is every time a friend or family member who just wants to go out every single weekend and spend time (and money) on weekend outings and even more vacations than I like ... my answer is NO. With kindness. And they've finally stopped making me feel bad for caring so much about MY goals, that I WANT to be selective in the kinds of QUALITY moments I do Choose to spend with my closest family and friends. While saying NO to all else. Alex Hormozi: say no to everything (for periods of time), and you'd be amazed at how much free time you have.
I couldn't hear anything because of shadow
quite possibly one of your LEAST popular videos, yet the one that would probably help the most young men.
Hey Alex, Can you make a video on how you’ve grown your KZread specifically I’ve heard you talking about growing all your socials and would like one on KZread !
@KlaasVictor
2 жыл бұрын
Good question. I think it's about video quality, consistency (no niche jumping, and frequent uploads), thumbnail
Perfect pacing from the interviewer whom I used to watch all the time 💥
As a Persian-American, I feel you 🙏🏻
your life back then is literally me now. Immigrant father, prosperous country, in one of the best colleges of ireland doing a business degree. I think the difference between your father and mine is mine is probably that is perhaps more accepting of me choosing my wished option from all available to me. But yeah i resonate.
Who is this interviewer...he is incredibly observant, respectful, poi yet, and wise.
How does Alex not have 1M subscribers yet?
"When you get old. Your weiner falls off... AND THATS OKAY" - Alex hormozi
Alex posted on my birthday :)
Anyone know the person interviewing Mozi? Link the the full vid?
Could you please reupload the Video from yesterday?
Best content on KZread ❤️👑
Hello, Alex Holmoji! I'm a Korean fan. Your success story or story is also famous in Korea. I want to understand you 100% and learn your thoughts. Could you put Korean in the caption?
Hey Alex! What were 10 (or more) “rules of life” you thought existed that have changed for you?
the one person I'd happily ask for help
Who is the guy interviewing him?
Does anyone knows the interviewer? He is soo good!
@KlaasVictor
2 жыл бұрын
Bryan Elliott😊
Hey Alex where did you find the information that after you got 2 years professional experience you had to go back to school for a “GMAT?” A year of professional IT professional experience at 23 here.
Whose the guy doing the interview?
Genetics are a legacy
@TheTrueHardcorefr3k
2 жыл бұрын
Your great grandchildren will have about 12.5% of your genes.
@Yellow_Afryca
2 жыл бұрын
@@TheTrueHardcorefr3k that’s all the ROI I need
@DewTime
2 жыл бұрын
I agree
This guy was born rich
He makes some great points, but what of sacrificing self for the good of the other?
@ZtubidiPhone
2 жыл бұрын
sacrificing your self.. so someone can suck on and harness your power? Seems pathological to me. Only you get to harness your power, and whomever you involuntarily find yourself being called to. Perhaps as a child, when the tradeoff is much more worth it as you depend on your father more, you may be inclined to sacrifice your self for him, you .... actually thinking about it more, I realize that I never really liked sacrificing myself for anybody, it never even felt "right" even morally "right," not emotional, not moral. The only thing that was right about it was that it was a survival/coping mechanism as a child. As an independent human being you do not owe anybody anything, any gift you can offer the world is made through cooperation and negotiation and ultimately a win-win.
@sponkmcdonk3898
5 ай бұрын
The west is individualistic. No one cares about community.
Mozination!
@2:00 somebody read denial of death
Would have never thought you were Persian
Wtf. Found this video, I’m 24 with a dad from Iran too 😂 he had no money either, came here at 14 couldn’t speak English
But I changed my name
we do know what is was like before we were born very true ! and if you think about it, that wasn't forever . therefore death probably won't be forever ? what do you guys think ?
Ofcrouse he has a father...most ppl have. When your a rich kid, u at least believe can do it to.
He was born in Iran and Leila is also Iranian, but they met in the USA as total strangers. What a coincidence.
@BowlerTheHatGuy
Жыл бұрын
yes
@sponkmcdonk3898
5 ай бұрын
Aren’t they Greek?
.
First
I love you, but generational wealth is a GOOD THING. Your kids don't ask to be born: you owe them financially stability & freedom. Also, the Rockefeller's wealth has lasted for 7 generations.
@beneviv7347
Жыл бұрын
He doesn’t want kids. That’s the perspective he’s looking from. But I agree with you. Financial stability is important.
@Arman-sr2gu
7 ай бұрын
Yes its good
A $43,000 profit sent to my portfolio each week, Ms. Angela cole car is amazing.
@ken__shanzy7534
2 жыл бұрын
Wow! How’s that possible please I’ll appreciate your assistance on how to go about it.
@best7364
2 жыл бұрын
I’ve heard a lot about trading and investing with Mrs Angela Cole Carr and how good she is.
@badboyfitz3553
2 жыл бұрын
Her good reputation already speaks for her last month i invested over $100,000 with her and I've already made over $250,000 profit.
@beuladegraffenreid4210
2 жыл бұрын
Same here I earn $13,000 a week. GOD bless Angela Cole Carr, she has been a blessing to my family.
@beuladegraffenreid4210
2 жыл бұрын
私は非常に満足してい る👉┼𝟏𝟖𝟎𝟓𝟕𝟏𝟖𝟓𝟓𝟖𝟏👈私は非常に満足している