This is Why You're Not Happy - Eye Opening
ฝัง
- เผยแพร่เมื่อ 11 พ.ย. 2024
- Want to SCALE your business? Go here: www.acquisitio...
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.
You are extremely intelligent. I almost never comment on videos but I have to thank you for the lessons you've already taught me through this channel
Appreciated. Just sharing what worked best for me.
You are not wrong
how come to rich
Hey Alex, just found about about your channel via your wife's channel I stumbled across a few weeks ago. I've gone from being laid off three times, on unemployment/ food stamps, near foreclosure to a high salary, stock investor, real estate investor ect. I stated about six years ago, reading all the leadership, management, entrepreneurial and finance books... about 40 in total. I am now writing a leadership/self help/survival handbook style book based on my raw failures, experiences learning the playing field and setting ones self up for success. I would be happy with a small thatched roof mud hut on the beach in Costa Rica, a surfboard and fishing pole... everything else is gravy! -Thanks, I appreciate what you are doing. -Bob
You are a born genius, you and Leila both indeed!!! Love hearing you guys.
Alex seems wayyyyy more enthusiastic in these old videos vs new. Love the content either way 🐐
F'ing BEAUTIFUL you keep dropping mega BRICKS. You give so much in each video, my intuition sings when you speak. Thank you and I wish you even more success than even you can imagine.
Somehow you have the most underrated value-based videos on TH-cam. Thank you!
Awesome, super grateful to have found you.
Just such a great way of distilling these truths into digestible bites..Thank you Thank you
This is a way better look for camera hair back and a green army shirt with king sleeve it makes you look thinner and your skin is not distracting - calmer image .
Alex, your ability to transfer wisdom and move people into taking action is Amazing. I appreciate you leading with integrity. 💪🏼
Thank you for making these videos!In Nir's words... I'm Hooked!
Alex needs to write a book $100 million dollar mindset with this type of knowledge in it.
Great lesson - just shared with my older sons! 👊
**Key Points from Hormozi's Video:**
1. **Expectations**: Hormozi emphasizes that expectations can either make or break your life. He discusses the concept of "haves over wants," where happiness comes from having more than you want.
2. **Education Expectations**: He focuses on the expectations surrounding education and skill acquisition, likening the learning journey to crossing a bridge, with each skill learned being a brick on that bridge.
3. **Binary Outcomes vs. Continuum**: He warns against having binary expectations (e.g., I'm either successful or I'm not) and encourages viewing progress on a continuum (e.g., How successful am I?).
4. **Valuing Every Step**: Every skill learned or course taken is a step forward, even if it doesn't lead to immediate success. These steps should be valued as they bring you closer to your goal.
5. **Reasonable Expectations**: He stresses the importance of having reasonable expectations and being able to lower them when necessary.
6. **Formula for Success**: Hormozi suggests increasing expectations on activity and actions, while decreasing expectations on outcomes. This, he believes, is a winning formula for business success.
7. **Mentors**: He highlights the value of mentors who can help identify missing "bricks" (skills) on your path to success.
8. **Shift in Perspective**: He shares that shifting his perspective on expectations has greatly impacted his overall happiness and how he views outcomes.
9. **Advice**: His advice is to ask yourself if your expectations are reasonable and if there's a way to lower them. Additionally, raise your expectations for the activities you're willing to take to achieve your goals.
10. **Continuous Learning**: He encourages continuous learning and valuing each step of the process, rather than focusing solely on the destination.
the formula for success = pursue excellence on the action,/reduced expectations on the outcome. Focus on effort, not outcome.
the formula for happiness=what you have/what you want, be content with what you already have, you will be satisfied all the time.
What I liked the most:
Lead metrics/Effort/High expectations
Lag metrics/Results/Low expectations
Love your bridge analogy!
🙌 Your ability to translate your knowledge in a way that helps me make change is amazingly profound. Thank you so much for these videos. So many 'aha' moments. 🔥🔥🙏🙏🙌💪
Than you very much Nathan
All I want to say is a BIG thank you for taking your time and sharing all of that knowledge which you really don't have to but choose to do. I do believe this will change many peoples lives including mine, grateful to live in the times like this to have access to this information at our fingertips. Legend
Golden.
"Am I closer or further away from my goal?"
"Are my expectations reasonable, and is there a way I can lower them?"
Increase expectations on activity and outcomes, decrease expectations on outcomes.
Change binary (good/bad) -> how good is it?
Value, value and value in every video from the power couple. 🙏
gawd damn this talk was worth at least $100k and its free on here
Love this. So glad you popped up on my TH-cam 😀
Pure gold. Appreciate this advice sir. Cleared up a lot for me
Such a great video. Every course was a brick in the foundation
Hey Alex, you’re probably the most jacked millionaire I’ve ever seen. Odd request but can you cover your day in the life of how you implement fitness while being a business owner?
Eric: Alex carves out an hour each day to lift weights. Multiply that by 15 years and you've got yourself beef to work with!
@@TrevorKashey and steroids
@@mat_leo Tell me how anyone can gain 35 pounds of muscle in a short space of time.
Alex claimed this and its not possible without taking supralogical doses of testosterone
In Bhagavad Gita, this is called - "Do your duty without thinking about results."
"Your multitude of desires is what's destroying your happiness. A sick person only wants one thing."
Alex your video are so insightful thank you. Much love
I like your practical approach to everything
Genius, killing it with the videos lately 🙌🏼
TYSM
Fabulously good! Thank you
Great value I do not really get how such videos have 11k views tons of value
Thank you for this valuable video. This is Priceless information.
Very valuable 👌🏽👌🏽, thank you
To become an overnight success, you need to become an everyday hustler🙏🏽
Increase expectation from your activity and actions and decrease expectations from outcomes
Great insights 👍 Thank you
Great video, really insightful.
I’ve watched this at a perfect time, I’ve done quite a few course in property/ real estate but I haven’t made my millions…yet ;). The bricks analogy is a much better way of looking at it. Although I tell myself the things you have mentioned, it means more hearing it from someone of your calibre. Thanks!
Finding the balance in consuming alex content and working because you feel like the overall strategy is more important than the current work your doing.
Excellent video. Great ideas in here.
Thanks for your teaching - learned a lot of skills from you, gym launch 🚀
TY 🙏🏻Glad to hear it.
You the man Alex, so so honest!
This hits home big time. You're like the all seeing eye haha.
12:10 INCREASE EXPECTATIONS ON ACTIVITY AND ACTIONS.
DECREASE EXPECTATIONS ON OUTCOMES.
Poor Charlie's almanac, bottom shelf on the right. Alex is next level.
awesome
Can you make a video on how to write a business plan
Hey Alex, how old were you when you started gym launch? We are the same age and I’m pretty impressed with what you’ve done. Keep up the good work!
he was 7 years old when he started gym launch
Gold
Basically progress = happiness?
These videos are laying so many bricks for me. ❤️
Djezus this was a mental shift
I love you❤ you are awesome
what he is describing is false dichotomies in philosophy. People think in either yes and no but never the alternative. To fix this problem, most people must understand it is a fallacy of the brain and the way it operates to condition us for safety.
🤯🤯❤ thanks
How close are you to dating that girl of your dream compared to when you fist started.
I love you Alex and your content, but that intro music is terribly overused in my opinion.
Have a greate week!
👍💯
aztec lit 🤣🤣
Rewind, Aztec literature of the 1700’s lol?
Homeboy was getting less than 100 comments two years ago 😅😅
Increase the amount of activities ! And low the amount the outcome tht ill be making !
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300msg , 200dms ,
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2 sales a day
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Ur failure will build you
✨🙏✨