How to Network With High Level People
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- čas přidán 25. 08. 2024
- Want to SCALE your business? Go here: acquisition.com
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.
I like the Italian mob accent when he went "look I gave you some value"
I will give him some value he can't refuse 🐴
😂 I had to watch again after seeing this 🤌
I’ve done this and had people just take the work, profit from it, and never return anything lol. Gotta be careful who you select for this
can’t expect 100% effectiveness
You got played for listening to bull crap advice. Learn and move on from it. Never provide your labour at no charge, it's the fastest way to lose respect from people. You can't make others feel that they owe you in return. Its called a fools errand. Don't cheapen your time and effort by working for free
@@susanburger3673 That does not apply for every business venture.
@@susanburger3673thanks Susan burger, I’m sure you’ve gone far in high level business.
I've joined a good group that's helping me to build my network and I know it will help you reach me for the link
I use your strategies and recently made one of the best connections in business I've ever made. Thanks bro
Proverbs 18:16-17
A man's gift makes room for him, And brings him before great men.
Bible has been laying out Truths for 2000 years+
Wild.
Thanks man
How do u remember them tho...just wondering
@@mellon398 Remember scripture or?
@@alexashworth3119 yhea like these quotes. Do u actively memorize them or it just sticks in your brain.
Firstly ur awesome. Secondly, I just did this for two prospects...and it worked so good. And it feels so good.
Just cool that I just saw this and I literally did this in the last few days.
Provide value…. Slowly but surely this mindset is being engrained into me. Thanks AM
Totally get the idea…just make sure your potential partner doesn’t have a reputation for burning those they don’t partner with…nothing worse than a user that doesn’t appreciate your efforts
Definitely focus on people with a good reputation
if you can actually do a good job and bring value they will hit you up. If not, you have some more work to do on yourself
Oh my God, Alex, thank you so much for your videos.
Thats exactly what happened for me when i offered what i normally Charge for for free for a fast growing guy on CZcams
Turned out he now offered me what i usually Charge in return AND wanted a subscription where he basically paid the Same amount month after month for some Services
Few months later, the relationship is growing and resembles a friendship but still with getting things done characteristics
Pretty cool stuff. 10/10 should have done that earlier
wdym?
💯, and keep your energy balance , not you owe me but they feel gladly obliged to respond x
Thanks man.
People love the value with the perception ofbl value. It's a control card. They also don't appreciate full value unless they know the meaning of value.
That's a badass advice...... really your content is so much helpful for people like me who r thinking of starting their own business
Do a Capital 'F' Favour! That's my key takeaway. Thanks Alex.
I did this with my boss and got promoted
I did this yesterday and was not conscious I was doing it. After 2 hours, I'd raised $600k for a real estate project just because I helped them with THEIR problem.
How much value was your help to them?
What did you do for them? 🤔
@@edheldude We found a few ways to double their cash flow.
@@mweiss1031 thanks for sharing. Is that your normal line of work Mike? I would love to connect.
@@ThembaMkandla Yes, I've been buying property for over 30 years.
Damn, that question been on my mind for a while now, thank you so much
Valid points. But remember, never expect your gift to come back. If you're going to give, give and don't toot your horn or attempt to use it as leverage. I think that's called coercion or something.😂
When you give, don't let the right hand know what the left is doing.
Or else you forfiet the benefits of giving.
Sow your seed and move on.
Can't be a generous person without being genuine first.
A free product or service is definitely a good route for reaching another person with an idea.
Proverbs 18:16-17
A man's gift makes room for him, And brings him before great men.
Please also mention the risks that the person you're trying to do business with may not want your product or services. Its good to have a back up plan of which other people/businesses you would like to work with.
Under promise, over achieve ✅️
I agree. Spot on!!
Game changing advice 🏆🏀
This could backfire, I had a lawn guy who “did that for me” and cut a path in the back that I did not want cut
always good advice, blessings
I feel like this would not work on today's influencers lol
Good advice. But I have a hard time even imagining what I can do that would be of value to others. 🤔
48 laws of power type mind games lol
basically product-led sales
Man with higher status: “Alex, I saw your video. Stop providing me free value in exchange for open ended favors.”
Alex you forgot the most important thing. How did you get that “high level” person to speak on things to find out you have room for the value add
Treat people like trashable, short-term investments to manipulate into flattering into indebting to me! Dee Nozzle.
Read your comment, and this is why people like you don't succeed in life.
Ha My whole life which has worked for me!
Bomb advice!!! 🔥🔥🔥
this used to be the normal common sense approach 40 years ago
nice!
Boom 💥 💥 💥
Yupp. 1st law of 48 Laws of Power. Never outshine the master
Nah that's not it
@@darshandev1754 You're right. You have all the answers... My mistake.
Gold
True
He looks like an amish bookfoot, dude!
Done that many times, just end up getting screwed over.
Does not work in France
Rick Ross gives you a way in his book...basically, send it to him lol and show that you've read his book.
I don’t even know how to apply this
Love it
Oh this is artists make art from celebrities
Need a Favor Alex? I got you
😂😂
In another short he says don’t come to him asking what he can ask to do for you. Bring value means identifying something in their business that needs improvements and do it.
Don’t make it a job for someone to figure out what you can do for them. If they already know it’s a “problem” then it’s already in their planning.
@@christopher6337 I agree you gotta do the research and listen for clues, he wants to be more than a billionaire and I’m afraid with the current methods people only get so far, I found an algorithm for a business plan that could help me creat 890 billion a year so I believe that is something that would help him. You know?
Them* not me 😂
That's simping 101.
my landlord doesn't agree with this lol
I didn't get a single word
Yea, I’m not building a whole house for free for someone.
You need to find a good guy first don’t do this for jsut anyone if they have quality and you think it makes sense for both of you sure and it’s fun or lucrative
But gosh this guy is just telling us how he did it not like he’s trying to sell us everything
But it’s true you want to nickel and dime you end up working retail.
If you want to make a big boy play you gotta be ready to get burned which sucks but it’s the realistic advice because the realistic advantage that privilege exists and you can’t just give it away.
Life is about risks. The main point is what value do you provide. If people see value, they will understand that when you profit, so do they. One hand washes the other. Are there corrupt people out in the world, for sure, but no risk, no reward.
Tony Robbins philosophy....
Alex can I do you a Favor!
If you have to ask, you have no value.
If I were to do that in my niche I would end up in jail.😂
Hey Elon I cleaned your toilet
This guy is supposedly rich yet he can’t afford a t shirt that fits.
All his shirts fit at first. He just immediately grows to be too much man for them 💪😉
He's a big dude, he needs to shop at the big and tall store. Shirt looks comfortable, maybe why he still wears it.
Yeah but what if the guy is a piece of shit and just rides you for years and never gives back anything?
Pretty bad advice
Dude says the litteral most basic shit and acts like its wisdom. If they're bigger than you and have that leverage. Why would you half ass the service your trying to sell. Like duh.
Big facts
That is what I do everyday