@Dawn Lewis @Blaine Belyea and @Barb Segstro welcome on board with this incredible community. You were all very welcome to place comment in here and more interaction. The merrier echos for everybody else welcome aboard this awesome community.

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 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).

Let’s get real. If you’re broke and struggling, it’s because of a series of decisions you’ve made. That’s hard to hear, but it’s the truth. I’ve been there. It’s a vicious cycle, and you feel trapped. But there’s a way out—if you’re willing to do the hard work. It’s time for some tough love. 1. Stop Playing the Victim The world doesn’t owe you anything. No one’s coming to save you. Stop blaming your circumstances, your upbringing, or the economy. Those are obstacles, sure, but they’re not immovable. Successful people face the same or worse challenges and still find a way. The first step? Own your situation. You are where you are because of choices you’ve made. Now, let’s make different ones. 2. Kill the Excuses “I don’t have time.” “I don’t have the money.” “I don’t know how.” These are excuses. Everyone has 24 hours in a day. The difference between the successful and the broke is how you use that time. If you’re binge-watching Netflix or wasting hours on social media, then you do have time—you’re just spending it on the wrong things. 3. Get a Skill, Not a Job A minimum-wage job isn’t going to change your life. You need to learn a skill that’s in demand. I don’t care if you’re working two or three jobs to make ends meet—spend your spare time learning something that will increase your value in the marketplace. Coding, sales, marketing, real estate—find a skill that has a high ROI and go all in. 4. Work Like You’re Starving (Because You Are) This isn’t the time to take it easy. If you’re broke, you have to outwork everyone. This is the grind period. Sacrifice comfort for the hustle. Say goodbye to weekends and nights off. You’re in a hole, and climbing out is going to take relentless effort. If you’re not willing to put in that effort, stay broke. It’s that simple. 5. Surround Yourself with Winners Your circle is either pulling you up or dragging you down. If you’re hanging around with people who are broke and complaining all the time, you’re going to stay exactly where you are. Find people who are winning in life. Network. Learn from them. Success leaves clues. Follow those clues and replicate what they’re doing.