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How I Built A 20+ Sales Team [The Process] 

Alex Hormozi
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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.

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6 окт 2024

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Комментарии : 63   
@creativitydad5781
@creativitydad5781 3 года назад
Man oh man. Best video on RU-vid for this topic. Honestly I don’t want to admit I’ve spent so much time watching so many but this is going to be the one I rewatch as it sums majority up in so little time so clearly. Thank you a millions times Alex.
@GabrielsGalaxy
@GabrielsGalaxy 3 года назад
I love how universal this is. This fits into my home remodeling business
@jbtech1345
@jbtech1345 Год назад
One of the best videos on sales that Ive watched. Short and concise. He goes straight to the point without dragging on the video.
@RajatSinha_z
@RajatSinha_z 3 года назад
$2000 worth of Management Training right there...thanks Alex 🙏
@blakewyatt386
@blakewyatt386 3 года назад
This is not one that you can watch in 2x speed lol. Thanks Alex!
@gobrandsprint
@gobrandsprint 11 месяцев назад
I recommend 0.75 speed for truly internalizing the framework Listen on repeat
@davidfortiz1063
@davidfortiz1063 10 месяцев назад
I'm watching in 2x speed, I understand it clearly
@aaroninunez
@aaroninunez 3 года назад
This wisdom is gold. I’m sure your RU-vid channel will blow up at some point. Surprised it hasn’t already
@emmanuelabolo
@emmanuelabolo 3 года назад
It has now
@peacefulsunsetsambientmusi3787
@peacefulsunsetsambientmusi3787 3 года назад
Well he has gained over 20k subs in the last 2 weeks
@Dallas4090
@Dallas4090 2 года назад
Hormozi is Luke Grant Cardone is Anakin
@jannockenterprizez
@jannockenterprizez Год назад
@@ifwaves this comment didn’t age well
@creepgpoop
@creepgpoop 5 месяцев назад
You predicted the future
@Rakaraukete
@Rakaraukete 2 года назад
Wow ive been learning sales for the past few months and the amount of value in this short video tops any of the past research I've done 😳
@sadiarizwan1
@sadiarizwan1 Год назад
I could listen to this video for hours and hours on end and still find something valuable every time.
@Leezythegifted
@Leezythegifted 2 года назад
This video is fantastic! You literally gave the sales formula in 10 minutes. This helped me so much. Taking notes 📝
@PRANJALLAMBO
@PRANJALLAMBO 3 месяца назад
This is incredible Alex
@junxionmedstaffing8895
@junxionmedstaffing8895 2 года назад
Thanks for keeping it short, and effective! I have been drilling into your material lately and really appreciate it.
@ZacharyKlassen
@ZacharyKlassen 3 года назад
wow amazing, ive become such a fan lately. whatever you are doing.. keep going man.
@Guzunica
@Guzunica 3 года назад
This is massive. thanks for sharing Alex. I will gladly watch this video with my sales team💪🏻💥
@fraqib83
@fraqib83 3 года назад
Love the content it rings so true as a salesperson
@maquinadeventasonline.23
@maquinadeventasonline.23 8 месяцев назад
Thank you very much I love sales and you explain them very well, if you consider making your content for Spanish speaking would be great I wish you many blessings and for all your team GRACIASSS!
@businessacc179
@businessacc179 Год назад
Was someone be timing this speech? 😅 he was like don’t worry I’ll be fast. please Alex take all the time you want- you are the mvp.
@arkadeepmukherjee3041
@arkadeepmukherjee3041 Месяц назад
Great value man, we will work together someday
@officialjoshuacrisp
@officialjoshuacrisp 3 года назад
Massive Value!
@JosephKings-j9f
@JosephKings-j9f Год назад
even the way you tried getting them to engage i took notes on, i wouldve put my hand up
@etofok
@etofok 2 года назад
this is not for your average sales rep or even a team lead, this is truly floor manager or higher tier
@bradnewman4000
@bradnewman4000 3 года назад
Genuis in the simplicity
@Homeoffersunited
@Homeoffersunited Год назад
Yoked Alex, pumped up and aggressive on steroids Alex
@juliansaldarriaga4057
@juliansaldarriaga4057 Год назад
See you in 10 years. Mark my words. 💪
@robbycobbs5518
@robbycobbs5518 2 года назад
Such amazing value. Thank you!
@anthonypintaro7718
@anthonypintaro7718 Год назад
Re watched today 🔥🔥🔥
@thesalestribechannel9722
@thesalestribechannel9722 3 года назад
Awesome content, Alex. If you pay sales guys $70k, how does that break down salary/commission and what percentage of a sale to you give in commission?
@CallSaul489
@CallSaul489 8 месяцев назад
Ideally people can double their salary, if they do their job well. Go above and beyond I can even do more.
@enochleffingwell6624
@enochleffingwell6624 Год назад
Alex is like "I will talk fast so you will need to listen fast" as I'm literally pressing 2.2x speed... XD
@AceFaceRecords
@AceFaceRecords 3 года назад
Love this!!!
@Moalyafei
@Moalyafei 3 года назад
Can you upload the full recording of your talk at this event?
@JosephKings-j9f
@JosephKings-j9f Год назад
this is fucking sick bro!
@jamessimon4804
@jamessimon4804 3 года назад
Great stuff. Thanks.
@markrandall2997
@markrandall2997 Год назад
How many lines of Adderall you snort before this one big dawg 😂 🏁⏱️
@josuardgonzalesmedia
@josuardgonzalesmedia 2 года назад
Wild video
@JamesR23
@JamesR23 2 года назад
What anabolics do you take?
@gorkagarcia8715
@gorkagarcia8715 3 года назад
This is fucking great
@julianmadriz8946
@julianmadriz8946 Месяц назад
Hi, could someone explain to me what 'cut the bottom 10%' means? I'm not familiar with the term
@adammesheia
@adammesheia 2 года назад
FIRE
@valentinepetric3689
@valentinepetric3689 6 месяцев назад
cameraman put in shift for this one ahahaha
@jefftatarchuk
@jefftatarchuk 3 года назад
SHHEEESH!
@The-Strong-One
@The-Strong-One Год назад
If you cut the bottom 30%... then how do you get people from the outside who are better than those 30% where would you look?
@kheryy
@kheryy Год назад
Cut the bottom 10 percent for a 30 percent jump in productivity
@euanzhangmd
@euanzhangmd 3 года назад
What do you mean by cut the bottom 10%?
@theokllama3047
@theokllama3047 3 года назад
Fire the sales team members who are performing the worst.
@coryfeco9348
@coryfeco9348 3 года назад
I accidentally went to smash the like button so fast on that one that I smashed the dislike button 😱 Fortunately for everyone I fixed that and all is right with the universe again 😅 Good stuff as always Alex, I'm starting to feel like your stalker I'm so deep in your content
@kandels3195
@kandels3195 11 месяцев назад
what CRM can you recommend for a startup ?
@advancedmarketingguru101
@advancedmarketingguru101 10 месяцев назад
Hey bro, always work backwards on a problem. What does the customer need? Do not be afraid to ask. And hey, if you want to be creative, put an event together where you have a group of crm salesman come in and then bring in your clients. Check it out, you'll know quickly what you need.
@_jeffrandolph
@_jeffrandolph Год назад
Could this framework be used in a political discourse?
@mantaship
@mantaship 3 года назад
It takes NO intelligence... which makes it Scaleable. SPIT-Take.
@ALRODN2DEEP
@ALRODN2DEEP 2 года назад
Anyone can help me with name of company that I can pay money to generate leads for my business thanks
@matthewk1878
@matthewk1878 3 года назад
How do I work for you
@myguelangel3942
@myguelangel3942 2 года назад
I got fatigued of the knowledge spited
@RomanKozlov007
@RomanKozlov007 3 года назад
Good info, but why curse?
@shanelynch7757
@shanelynch7757 3 года назад
If thats all you took away from the vid you are lost
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