Discover The Simple 3-Step Formula I Used To Earn $5,203.89 Per Day By Just Asking People Simple Yes and No Questions On The Internet!
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5 Best Online Businesses To Start In 2024 (For Beginners)
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[…]
How To Find A Market That Will Actually Make You Money
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.
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The BEST Online Business to Start for Beginners (New 2025 Edition)
Book a free call with my team to see if our 1:1 coaching is the right fit for you. See our actual students, strategies and results: https://seandollwet.com/fsp
Write and Publish Your First Book in Just 7 Days: https://seandollwet.com/7dbc
► KDP Income Report Playlist: https://youtube.com/playlist?list=PLeNKunDfka21n5FV5Xm9DF0MBYqDuM1qP&feature=shared
► Amazon KDP Tutorial for Beginners: https://youtu.be/HJmEyF45Bdc
Where I Find Ghostwriters:
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Consider Upgrading to These Tools Once Business Grows:
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► LLC Formation for Publishers: https://seandollwet.com/prime-corporate-services
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About this channel: I share what I learned from years of online marketing/business failures and successes so that you don’t make the same mistakes I’ve made, being $40,000 in debt and getting scammed for tens of thousands of dollars. And show you how I overcame that by building a six-figure passive income business and become a self-made millionaire at age 26.
Follow along on my income reports here https://www.youtube.com/playlist?list=PLeNKunDfka21n5FV5Xm9DF0MBYqDuM1qP
Connect with me:
Instagram – @seandollwet13
Twitter – https://twitter.com/seandollwet
** Most outbound links financially benefit me and the channel through affiliate programs. The affiliate relationship in no way influences my opinion and I would not endorse programs, products or services I didn’t use or feel familiar with.
This helps support the channel and allows me to continue to make videos like this. So if use my links to support me, a huge thanks to you.
The information shared in this channel is for educational and informational purposes only. There is no guarantee that you will earn money using the techniques and ideas in this video. This is not financial advice or investment advice. Your investments are solely your responsibility and it is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Your level of success in attaining the results claimed in this video will require commitment, hard-work, experience and knowledge. We have taken reasonable steps to ensure that the information in this video is accurate but we cannot represent that the website(s) mentioned in this video are free from errors. You expressly agree not to rely upon any information contained in this video.
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