I Lost Everything Twice...Then Made $26M in 18 Months (My First Million) | Ep 761

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 11 September 2024

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode, Alex share some of his conversation from the podcast interview with Sam Parr and Shaan Puri from their podcast, My First Million.

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 have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.

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Transcript

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0:00.0	Hey guys welcome back to the game I was just recently a guest on my first
0:03.9	million the podcast with Sam Par and Sean Pury and in this episode we talk about
0:09.5	my journey going from broke to over a hundred million If you have heard that journey then feel free to skip a losea.
0:17.2	So Loele and I had, so we started dating in April of 16. I immediately was like, hey, I've got this idea for this thing called
0:24.4	gym launch. I want to go fly out to gyms and do turnarounds because I can fill my
0:27.4	gems up faster than I can build up. By the way, context is at the time you
0:30.6	owned a couple of gyms. I had five gyms when I met her. And the bank balance looked like what at the time you owned a couple of gyms. Yeah, I had five gyms when I met her.
0:33.6	And the bank balance looked like what at the time?
0:35.9	I was making like 20 grand a month.
0:37.1	I know that.
0:37.6	So I like, I don't remember what my savings were.
0:39.1	But I was making like 20 grand a month in cash flow.
0:41.1	And you're like, wait, five gyms.
0:42.3	It's like, yeah, some of them were good,
0:43.8	some of them were.
0:44.7	I had two corporate locations are a little smaller.
0:46.5	Anyways. But I was like 25, 26.
0:49.1	So like, I was hood-rich, you know, as far as I was certain.
0:51.5	I could buy whatever I wanted, I could live where I wanted, you know, I could go out to eat,
0:54.6	whatever. And so I started the turnaround business and I made $100,000 in cash in 21 days and I was like,
1:00.8	holy shit. It's like, this is awesome.
1:03.8	And so I came back and she picked up from the airport
	...

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