Alex Hormozi: I Lost Everything Twice… Then Made $26M In 18 Months | Alex Hormozi Interview

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 15 August 2024

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 618: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Alex Hormozi ( https://x.com/AlexHormozi ) about losing everything overnight, investing in Skool, and Acquisition’s $250M/yr playbook. — Show Notes: (0:00) Brink of oblivion to $26M in 18 months (18:13) Crafting a killer offer (28:14) Investing in Skool (36:25) Acquisition’s $250M/yr playbook (52:46) “Here's what I would buy now” — Links: • Get our business idea database here https://clickhubspot.com/mfm • Alex on YouTube - https://www.youtube.com/c/alexhormozi • Acquisition - https://www.acquisition.com/ • Skool - https://www.skool.com/ • Gym Launch - https://www.gymlaunch.com/ • Alex Hormozi on MFM - https://www.youtube.com/watch?v=4KfuQwB5rIs — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

Transcript

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0:00.0	I made $100,000 in cash in 21 days. The first question she asked is, is this legal?
0:07.0	Then I wake up one morning and all the cash and the bank account's gone and I was like,
0:10.0	what the fuck? I just got all my money stolen and I was like I wouldn't stay with me if I were you I am a sinking ship right now.
0:19.0	So from that brink of failure to what was it at the end of the year.
0:23.0	So I spent 48 hours, took a ton of out of all,
0:25.0	and wrote the best sales out of my life,
0:28.0	and then the full next calendar year,
0:30.0	we did 26 million and 16 million in even now.
0:34.0	Dude, that's insane.
0:36.0	So why do a sass deal or why do the school deal?
0:39.0	In my opinion, it was the best deal I've ever done.
0:41.0	How much cash did you put up up front?
0:43.4	They like almost up.
0:44.6	What's a company you would want to go by right now?
0:46.7	Yeah.
0:48.9	I feel like I can rule the world.
0:50.8	I know I could be what I want to.
0:53.0	I put my all in it like no days off on a road.
0:57.0	Sam, I don't know if you've heard this about the story with your wife, Leela,
1:00.0	and being on the brink of failure.
1:02.8	Yeah, waiting in the swamp of failure.
1:05.0	Yeah, can you take us back there?
	...

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