Apart from being an entrepreneur and investor, Alex is also a philanthropist. The founder of Acquisition.com has a proven business model. Generally, a venture capitalist is an accomplished entrepreneur who has lived through the challenges of a budding business to offer incredible guidance. Do what no one else is doing. Work with Alex; Ask Alex to Speak; The Firm. $100M Offers is not for the weak, in other words you must have failed often to experience a Grand Slam Offer.Continuously learning and developing yourself even when others dont believe in your dreams is what I believe creates consistency & sustainability in business. Enjoy this epic interview w/ $100 Million Dollar Entrepreneur, Alex Hormozi. Continue shopping. He landed a job as a management consultant for a boutique strategy firm. He slept on the floor of his gym because he was unable to afford the rent of two places. Tolerate nothing but excellence. Invest in S&ME500 because Execution will always Trump PERFECTION!!! By:OK! ET. LAWeekly Instagram: Featuring the culture of LA since 1978 , Relationship with the Victim* Wait for the worst conditions, wait for imperfect conditions and act anyways on what you want. Dont get distracted. Not that long ago, though, my business had gotten so bad that I literally couldnt even give my services away for free. He donates to nonprofits working for the welfare of underprivileged children. Try again. Continue shopping. Over the next 48 months, I went from losing money to making $36 for every $1 spent. Reviewed in the United States on November 15, 2022. Alexs idea of monetizing a venture is to scale up a company from the ground up and then sell out to earn millions. Reviewed in the United Kingdom on October 8, 2022, I'm only around halfway through this book and in response to Alex's request for a review I decided to do something I've literally never done in my life: leave a review for something I've purchased. A straightforward fundamental plan that can be put into practice in a brick and mortar custom woodworking business, along with being applicable to personal life as well. Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club thats right for you for free. Video: Do These Outrageous Celebrity Fashion Looks Hold Up? If you implement even one tactic in this book, youll see the change in your prospects' demeanor. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. Being an Entrepreneur practically all my life but professionally the past 4yrs, Im happy to say Ive failed A-LOT but Im even more proud that I failed FAST! The power couple is looking forward to scaling their businesses further while also motivating people with their real-life success stories. As of 2021, Acquisition.com companies generate upwards of $85M per year in cumulative sales across four different industries, including software, service, e-commerce, and brick & mortar. He is also a philanthropist donating millions to help underprivileged children. To calculate the overall star rating and percentage breakdown by star, we dont use a simple average. Books; Courses; Consulting. Alex Hormozi is the Managing Partner at Acquisition.com. Our Cause; Investment Thesis 2022 Fairchild Publishing, LLC. Hormozi has an amazing backstory that could easily be made into a feature film. 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Alex Hormozi, the founder of 7 successful business ventures, an investor, and philanthropist, is helping small businesses become giants with his tried and tested sales and training model. And it will work for you. 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Sign up for WWD news straight to your inbox every day. FOUNDER. He is a first-generation Iranian-American known for his expertise in customer acquisition, monetization, and hard-earned calves. Magic naming formula to get the absolute highest response rates and conversion rates from everything you do to get new clients, The methods contained within this book are so simple, so instantaneous, and so effective, its as if they work by magic. Oct. 9 2022, Published 4:21 p.m. Think the world is unfair and act accordingly. (APPLY BELOW) PERSONAL BRAND CONSULTING: https://thepassionatefew.clickfunnels.com/4-survey (INTERVIEW APPLICATION) WANNA BE INTERVIEWED ON THE SHOW TO SHARE YOUR STORY, BRAND & BUSINESS WITH 10,000+ (GUARANTEED) WHILE HELPING US FEED 1,000,000 PEOPLE? Videos, eBooks, Guides, Templates, Downloads & more to help you succeed: BEST SELLER . In addition, he is the creator of The Game Podcast, the author of two books, an authority on acquisition, and monetization. Additionally, Alex Hormozi has had 1 past job as the Founder at Gym Launch. Work on the things that matter most. Get all the top news stories and alerts straight to your inbox. He will be 30 at the time of his 2022 birthday. God-mode guarantees: So good they make anyone say yes (even people who would never normally consider buying). Alex Hormozi is a successful American businessman and entrepreneur who established Gym Launch in 2017. Reviewed in the United States on November 30, 2022. OFFER CREATION COURSE Being an Entrepreneur practically all my life but professionally the past 4yrs, Im happy to say Ive failed A-LOT but Im even more proud that I failed FAST!Im a Visionary person that can take a difficult situation and strategically re-calculate the risk extremely fast.This results in risk becoming obsolete, and accountability is measured by true data. Assume that you are always wrong and be willing to learn. Hormozi and his wife have been associated with several charitable associations because they also believe in giving back. How to make your product so good, prospects find a way to pay for it, The unbeatable value equation: to make what you sell worth more than your prospects have ever received, The delivery cube: to make delivering your products and services cost less but provide more, The trim and stack hack: to maximize profit using the absolute best delivery methods. To Acquisition.com Home Books Log in. Within the next three years, he expanded his business to three more locations generating 5 figures in monthly revenue. Alex licensed his business model and expanded to more than 4K locations in just 4 years. Within three years, he Now Alex wants to teach the younger generations how to successfully navigate this path. This is where he was able to quickly separate himself from the competitors and create a brand name for himself. Alex Hormozi, the founder of 7 successful business ventures, an investor, and philanthropist, is helping small businesses become giants with his tried and tested sales and training model. Alex Hormozi Managing Partner at Acquisition.com We help scale founder-led companies to $100M+ Las Vegas, Nevada, United States 56K followers 500+ connections Join to follow How Gym Mogul Alex Hormozi Built A $100 Million Business Alex and his wife Leila are now investing in promising internet companies under the holding company Alex co founded Acquisition.com with his wife Leila Hormozi. The founder of Acquisition.com has a proven business model. Reviewed in the United Kingdom on August 9, 2021. Find something that works and dont stop doing it., Keep doing it until you are bored out of your mind because you are so good at doing that thing that works. We're looking to invest in one great business per month. method. And youll know the $100M Offers method worked when you start hearing, What do I need to do to move forward? before you even ask for the sale. Today he shares with us how he started in the fitness industry with $0, overcame many failures and ultimately what lessons he learned along the way to $100M in sales. And what he does is show you how to build a high ticket, highly marketable service/product, with a view to expanding that service lower down the cost pyramid profitably. If it was not clear by the headline I will go further. He eventually sold them off to transition into a different business. Alex launched his gym in 2013, and by 2016 he had expanded to 3 more locations raking in thousands of dollars every month. How to charge a lot more than you currently are, The tiny market, big money process we use to laser focus on niche markets overflowing with cash, The unfair pricing formula: How we multiplied our pricing by 100 (and got more people to say yesfor real), The value flipso you never get price compared again (Thats a promise.). In 2013, he started his first brick & mortar business. He has figured out the formula for breaking the money game, but more importantly has shown that he values service and impact far more than any amount of money or status. Thank you for supporting LA Weekly and our advertisers. Reviewed in the United States on November 21, 2022. My whole adult life has been an effort to see money and value clearly. It works. After three successful exits, the couple have turned into investors, buying pieces of other promising internet outfits under the holding company Acquisition.com. Check out. Take advice from rich people on how to be rich. How Acquisition.com CEO Leila Hormozi Earned $100M By 28 Building Businesses. And that is the 28 rules of poverty [from Charlie Munger] flipped on its head. Pick a spouse who makes you feel awesome about working. Two years into the job, Alex realized he wasnt cut out for a 9 to 5; therefore, he quit to start his venture. He also has a podcast and built an impressive follower base of over 2 million on social media. I took home more in a year than the CEOs of McDonald's, IKEA, Ford, Motorola, and Yahoo combined as a kid in my 20s using the $100M Offers method. With all this accomplished at just 33 years of age, Alex Hormozi is the definition of Young and Profiting. Books. Thank You Alex & Leila Hormozi, also shout to Trevor for Simplification & Clarity. Alex graduated from Vanderbilt University Magna Cum Laude with a 3-year B.S. He started out just like any other immigrant in the U.S., facing the pressure of his family to follow the traditional path with a white-collar job. Alex graduated from Vanderbilt University Magna Cum Laude with a 3-year B.S. Starting his journey from a brick-and-mortar business, Alex Hormozi turned it around, sold it to make millions, and is now helping others with his proven business model. Sign up for WWD news straight to your inbox every day. During this period, he also founded three more companies and scaled them up to generate a cumulative revenue of over a hundred million dollars. Which, maybe you should, but Im just saying, theres always something being sold. At the end of each month, I would look at my bank account hoping to see progress (but there wasnt). The portfolio at Acquisition.com is based on his investment thesis, focusing on asset building, high cash flow, sales-based service, and digital products businesses. As Alex likes to say, You should only have to get rich once.$100M Offers can help with that.I have 9 books that I re-read multiple times per year related to business, investing, marketing, So far, Alex has founded and scaled up 7 companies without financial aid like debt or fundraisers. Click above for unlimited listening to select audiobooks, Audible Originals, and podcasts. Alex Hormozi is the first generation Iranian-American in his family to find solid success in the entrepreneurial world. Secondly this is one of the best investments you are going to make! He also has a podcast and built an impressive follower base of over 2 million on social media. The last 18 months has seen Alex & Leila burst onto the business advice scene like pretty If you want to grow your business you need this book, Reviewed in the United Kingdom on August 7, 2021. It also analyzed reviews to verify trustworthiness. degree in Human & Organizational Development with a focus on Corporate Strategy. He eventually sold them off to transition into a different business. Please try again. Acquisition.com Managing Partner Dec 2021. Alex Hormozi is an American entrepreneur who donates much of his free time educating and encouraging entrepreneurs in less privileged communities. For the next 2 years, Alex turned around more than 32 business ventures across different industries and sold them off to earn millions. The company scaled to over $2,300,000 per :), Quite possibly one of the most impactful books Ive ever read, Reviewed in the United Kingdom on August 2, 2021. Get up and do the work. It is amplified by his podcast where he goes into further detail about most of the subjects, and more, that are covered in the book. Ignore the rest., Say youre going to do something and then do it. Log in Cart. Alex Hormozi owns Acquisition.com alongside his wife, Leila. Do it so long that it would be unreasonable for you to be bad. The best investment you are ever going to make! So far, Alex has adopted this model to start 7 successful ventures and exited them to earn millions. Unfortunately, this is what budding ventures fail to focus on and eventually quit in the long run. He adopted the same model he initially developed to monetize and scale up his first business. Im a stalker - I dont write reviews but Ill read all of yours before making a purchasing decision. His estimated net worth is about $18 million. In 2020, he transitioned from CEO to the owner/shareholder position in these companies and founded Acquisition.com as a way to invest his own wealth (both monetary and intellectual capital) into other businesses. All of it is pure gold. Acquisition.com Videos Liked 3862 You learn 10x more by watching what people do than listening to what people say. Dont be a one hit wonder, do the work and walk at your own paceBUY THE BOOK!!! WWD and Women's Wear Daily are part of Penske Media Corporation. Alex is a beast of an entrepreneur and since discovering him a few weeks ago, I have had my world rocked by his perspective. Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we And it will work for you. Alex and his wife Leila are now investing in promising internet companies under the holding company Acquisition.com. Selling up a business after scaling it from ground level is challenging; Alexs was no different, as he had difficulty accepting that he had lost a company and team. He sold all his ventures as a way to monetize them; quite notably among them was the licensing company that was sold for a whopping 8-figure. Work with Alex; Ask Alex to Speak; The Firm Read on. Leveraging his initiative to help budding businesses, Alex has authored a book titled $100M Offers How To Make Offers So Good People Feel Stupid Saying No, which is currently a best-seller on Amazon in three categories. With the zeal to scale up his business, Hormozi began investing time in himself and learning to improve his skills. Unfortunately, this is what budding ventures fail to focus on and eventually quit in the long run. Acquisition.com is one such venture capital company founded by Alex Hormozi, the successful entrepreneur, author, and podcaster. Sorry, there was a problem loading this page. Scaling up his first business has not been easy despite his passion for fitness and the venture. Alex Hormozi is a first-generation Iranian-American entrepreneur, investor, and philanthropist. Reviewed in the United States on October 21, 2022. Entrepreneur Alex Hormozi learned a lot of lessons on his way to making $100 million in sales and now he helps other business owners figure out how to do the same. His story is truly inspiring for anyone looking to venture into entrepreneurship. Copyright 2022 Apple Inc. All rights reserved. Nothing sexy about it. The portfolio is based on his investment thesis focusing on asset-light, high cash flow, sales-based service, and digital products businesses with a character first lens of investing. The portfolio includes businesses across various industries like consumer services, business services, software, education, and e-commerce. He is author of the book $100M Offers: How To Make Offers So Good People The Future of Marketing and The Return of True Valued Service is here! Through this company, Alex invests his wealth to help promising businesses grow. I confess to being that selfish person who can easily claim to not have the time to write them (excuses galore). In that time period, we generated over $120,000,000 across four different industries: service, ecommerce, software, and brick and mortar. 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Alex Hormozi is an American businessman, author, investor, philanthropist, media creator, mentor, and social media influencer. In this weeks episode, we explore the top takeaways from Alexs success. He licensed the business model to develop a sales and marketing strategy that works across all industries. Alex Hormozi owns Acquisition.com alongside his wife, Leila. 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View Alex Hormozi's business profile as Chief Executive Officer at Acquisition. So in 2020, Alex became a venture capitalist with Acquisition.com, which he founded. At page 69 and the author asked for a review. Today he shares with us how he started in the fitness industry with $0, overcame many failures and ultimately what lessons he learned along the way to $100M in sales. Alex was born on August 18, 1992, in Austin, Texas, United States of America. Practically anyone can have a good idea, but to actually implement it requires planning, courage, and an unyielding spirit to succeed. Please try again. Except ads and books and the idea that you should give him equity in your course or coaching biz. Alex and Leila Hormozi are founders of Acquisition.com, entrepreneurs, podcasters and authors. The book so far had been an easy, interesting and joyful read. They began licensing their marketing, sales processes, pricing, retention, retail, and ascension systems to over 4000+ brick & mortar facilities. What I respect about Alex and Leila is they dont try to sugarcoat it. Repeat for as long as it takes. During his trial phase, he spent a lot of money trying to figure out a working model; however, through persistence, he came up with a tried and tested model that turned his career around along with all the business ventures he has founded so far.
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