How to Start a Business From Nothing (Thank Me Later)
Video Overview & Insights
Download your free scaling roadmap here: https://www.acquisition.com/roadmap-yta438
Download your free scaling roadmap here: https://www.acquisition.com/roadmap
The easiest business I can help you start (free trial): https://www.skool.com/games
The easiest business I can help you start (free trial): https://www.skool.com/hormozi
Business owners: Want to scale faster? We provide in-person advisory for companies doing at least $1M per year: https://www.acquisition.com/workshop-yta438
107:37 work your leads. So important. Time stamping for myself
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 $250,000,000+ 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…
Thanks
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).
"Neither party has to pay taxes on bartering"
Unfortunately this is wildly untrue? You still owe fair market value on the item lol
24 yrs old: Opened 5 gym locations.
26 yrs old: Closed down 6th gym. Lost everything.
I know what to start somebody want to parnterup
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.
Peak watch later pick
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.
thanks man for life changing advie
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.
I have the idea but i procrastinate every task i think 😔
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, which is a platform for people to build communities online, making a living doing what they love, with people like them.
The biggest question: What size faherty do you wear ?
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 $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).
Long Live Your Legacy Brother!
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.
Top 3 video I’ve ever seen, I was laughing almost the whole time and still learned like 28 different things
Keep crushing. May your desires be greater than your obstacles.
Never quit,
All facts. Every time
Alex
DISCLOSURE
This is very informative and helpful!! Thank you Alex!
Information shared here is for educational purposes only. Individuals and business owners should evaluate their own business strategies, and identify any potential risks. The information shared here is not a guarantee of success. Your results may vary.
Copyright © 2025.
facts
More User Perspectives
Do you have any tips for if you are stuck at 2. Tactics without even starting. Being to statistical (aka afraid i guess)
@JessicaZabellWatching this video actually hurts. I bought a gym in 2004 and it went under in the face of the 10 dollar gyms and having no experience in the gym space and no marketing skills.
@MagicNomadicJust starting my own plumbing business based in the UK. (24 years experience) just don't know how to start with gaining new clients. Really clueless when it comes to advertising and marketing, etc.
@LCDPlumbingServicesStokeSmoothie shop … if interested, I can tell you what I know.
@TrueBlueFlowerChild2:35 … I took a tax prep class and the instructor said that the irs thinks you should pay taxes on stuff you trade … I’m just sayin… keep it on the down low where necessary
@TrueBlueFlowerChildHow prepared you need to be to start a business? Is it, learn the basics before diving in or learn as you do. My issue is that, how can I build the base model of my business in a way that when we start, it doesnt collapse because I was missing a key component of the business?
@JoelDLaPazThis is one of the best videos, in terms of relatability, you’ve ever done (or I’ve ever watched of yours). Many thanks from a man struggling with shiny object syndrome in Canada. 🫡
@salvadorthesecondYou were so cute back in the days 0:10
@Shaylastar69I have an idea, i hope this video helps.
@Fr_bro98What about learning sim racing and teaching simultaneously and selling a course after some time??
@narendraraju8756lol
Alex:
Core deliverables , 1 million dollars, funnels ... big boot.. (whispers)
Me:
Big booty what now alex, wait. just .. ok wait.
I made 48 points out of those 26. ❤ pure GOLD. Thanks Alex. We’ll meet one day and work on something together.
@AnuB-f8sFull paint 👍👍 looks good
@MusicnewxThis brought a kind of peace I haven’t felt in a while
@stoyanovlawandaPlease make it in hindi language❤... I am from India🇮🇳
@tradersuvoDon't be too loud about barter. Strictly legally, you would have to invoice it eg. would be tax liable.
@vabriga1This is so fucking hard man
@TheRedAvocadoFitness has to be the most universal currencies for bartering. Everyone needs it! Very clever.
@joshuagoodmanofficial0:38 so, 50k is nothing?
@user639-f7gWow! You have a lot of wisdom to share
@mangioluciwhere is this video in 2021???
@iconbeatvaultI quite my job and moved to Germany for the army and I started a cleaning business. Why did I do this idk but I need help😂 I have zero clue how to grow. I’m fast and efficient but idk what I’m doing 😢
@mariaines5156Market sophistication
@animesub4071How do i like this video multiple times... It's so great I love it 😍😍
@abhas657Alex was going to donate but he didnt have a financial plan in place
@Rashad_McCroreyNeed subtitles in Hindi
@kartikshroff4402In Australia, at have to pay tax on a trade... the value of the trade has to be recorded 😯
@aceheatherToo much adds 😮💨
@nripendas418Hindi me nahi he video
@sudhirijardari have a bad belief of thinking some successsful people sell scams but watching this and how much time and effort you put into this for free?! thats amazing ive seen you grow im just a random person but at first you were a random youtuber to me when i was younger tired of working for a penny for an hour now im seeing you again and im learning a lot from you thank you. im hoping to grow a lot more.
@Mando581Honestly, I was skeptical at first. I had zero tech experience, no money coming in, and almost gave up. But the book called Inside the AI Matrix Vault showed me a simple AI approach. Within a few days, I made my first $250. Game changer for me. Highly recommend giving it a look.
@SuprakashSahisDrop everything you are doing right now and find the book called Inside the AI Matrix Vault
@jaideepchauhan8042Thanks for helping
@EkanathTalawar-g1mNice vid man !
@rajuhembram1522W
@PurundharMarkam