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Founder Acquisition.com, Co-Founder Skool.com.
I talk about scaling businesses.
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My story. Follow along for the ride, let’s crush it together by @hormozi
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3 mesi fa
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Comment ā€œ100ā€ if you want a free personalized $100M scaling roadmap for your business in under 30 secondsHere’s 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: ā€œGym Launchā€ 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-founder of Skool - which is a platform for people to build communities online… making a living doing what they love, with people like them.36 yrs old: I did a $106M book launch selling 3.6M copies, of my $100M Money Models book, in 72 hours, breaking the Guinness world record for the fastest selling, non-fiction book… of all time.Today: Our portfolio now does $250M/yr in aggregate revenue each year.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 by @hormozi
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4 mesi fa
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The reason people don’t start businesses isn’t because they don’t know what to do, it’s because they don’t know what’ll happen.Operating in uncertainty is the job. By the time you have perfect information, it’s too late. by @hormozi
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11 ore fa
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Do only one thing + do it for a very long time = getting whatever you want by @hormozi
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17 ore fa
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Your calendar is the P&L for your time. by @hormozi
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un giorno fa
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Agree? by @hormozi
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Focus is subtraction. by @hormozi
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Shiny object syndrome isnt a lack of focus, its a lack of fortitude.We come to some hard problem we dont know how to solve and rather than confront that problem, we try and go back to problems we know how to solve with a new business…doomed to repeat until we learn embrace the hardship of figuring it out.Which just looks like not knowing, and continuing to be wrong with your best bad ideas, until you have no more bad ideas to try and all your left with are good ones that actually work. by @hormozi
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Success and failure are on the same road.Failure is just an earlier exit. by @hormozi
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Agree? by @hormozi
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Scale isn’t about doing more. It’s about removing everything that isn’t worth doing.Then doing as much as you can of what’s left. by @hormozi
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Extremely helpful definitions for me.Learning: You behave differently the next time you’re in the same situation.Intelligence: How quickly you learn - ie the measurement of how quickly you change your behavior in same situation. by @hormozi
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