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How to Network With High Level People

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Alex Hormozi

Alex Hormozi

Күн бұрын

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.

Пікірлер: 111
@byronpapageorgiou6000
@byronpapageorgiou6000 Жыл бұрын
I like the Italian mob accent when he went "look I gave you some value"
@amralamir610
@amralamir610 11 ай бұрын
I will give him some value he can't refuse 🐴
@the_xplor_show
@the_xplor_show 10 ай бұрын
😂 I had to watch again after seeing this 🤌
@dna8269
@dna8269 Жыл бұрын
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
@sbrooks904
@sbrooks904 Жыл бұрын
can’t expect 100% effectiveness
@susanburger3673
@susanburger3673 Жыл бұрын
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
@D33Lux
@D33Lux Жыл бұрын
@@susanburger3673 That does not apply for every business venture.
@Bobin10101
@Bobin10101 6 ай бұрын
@@susanburger3673thanks Susan burger, I’m sure you’ve gone far in high level business.
@mr-Babs
@mr-Babs 6 ай бұрын
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
@hotsauceislethal9430
@hotsauceislethal9430 Ай бұрын
I use your strategies and recently made one of the best connections in business I've ever made. Thanks bro
@alexashworth3119
@alexashworth3119 Жыл бұрын
Proverbs 18:16-17 A man's gift makes room for him, And brings him before great men.
@christopher6337
@christopher6337 Жыл бұрын
Bible has been laying out Truths for 2000 years+ Wild.
@mellon398
@mellon398 Жыл бұрын
Thanks man
@mellon398
@mellon398 Жыл бұрын
How do u remember them tho...just wondering
@alexashworth3119
@alexashworth3119 Жыл бұрын
@@mellon398 Remember scripture or?
@mellon398
@mellon398 Жыл бұрын
@@alexashworth3119 yhea like these quotes. Do u actively memorize them or it just sticks in your brain.
@YuvalWirzberger
@YuvalWirzberger Жыл бұрын
Firstly ur awesome. Secondly, I just did this for two prospects...and it worked so good. And it feels so good.
@YuvalWirzberger
@YuvalWirzberger Жыл бұрын
Just cool that I just saw this and I literally did this in the last few days.
@BearMediaBranding
@BearMediaBranding Жыл бұрын
Provide value…. Slowly but surely this mindset is being engrained into me. Thanks AM
@ktthompsonful
@ktthompsonful Ай бұрын
Oh my God, Alex, thank you so much for your videos.
@sebastianshine4262
@sebastianshine4262 Жыл бұрын
Thats exactly what happened for me when i offered what i normally Charge for for free for a fast growing guy on KZbin 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
@andrebjerke387
@andrebjerke387 2 ай бұрын
wdym?
@ClintLeClairMD
@ClintLeClairMD Жыл бұрын
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
@the_xplor_show
@the_xplor_show 10 ай бұрын
Definitely focus on people with a good reputation
@andrebjerke387
@andrebjerke387 2 ай бұрын
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
@sparkle1949
@sparkle1949 Ай бұрын
💯, and keep your energy balance , not you owe me but they feel gladly obliged to respond x Thanks man.
@arpitsharma8426
@arpitsharma8426 Ай бұрын
That's a badass advice...... really your content is so much helpful for people like me who r thinking of starting their own business
@mweiss1031
@mweiss1031 Жыл бұрын
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.
@edheldude
@edheldude Жыл бұрын
How much value was your help to them?
@cxa011500
@cxa011500 Жыл бұрын
What did you do for them? 🤔
@mweiss1031
@mweiss1031 Жыл бұрын
@@edheldude We found a few ways to double their cash flow.
@ThembaMkandla
@ThembaMkandla Жыл бұрын
@@mweiss1031 thanks for sharing. Is that your normal line of work Mike? I would love to connect.
@mweiss1031
@mweiss1031 Жыл бұрын
@@ThembaMkandla Yes, I've been buying property for over 30 years.
@ThembaMkandla
@ThembaMkandla Жыл бұрын
Do a Capital 'F' Favour! That's my key takeaway. Thanks Alex.
@MarissaCarterArtist
@MarissaCarterArtist Ай бұрын
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.
@LordVodka313
@LordVodka313 11 ай бұрын
I agree. Spot on!!
@owenmeany6482
@owenmeany6482 Жыл бұрын
I did this with my boss and got promoted
@trustnoh0es
@trustnoh0es Жыл бұрын
Damn, that question been on my mind for a while now, thank you so much
@Olurii
@Olurii 2 ай бұрын
Boom 💥 💥 💥
@Flowzeph
@Flowzeph Жыл бұрын
Under promise, over achieve ✅️
@D33Lux
@D33Lux Жыл бұрын
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.
@JAye365
@JAye365 Жыл бұрын
48 laws of power type mind games lol
@alimarketingcoach
@alimarketingcoach 5 ай бұрын
Game changing advice 🏆🏀
@1by110
@1by110 Ай бұрын
Gold
@alexashworth3119
@alexashworth3119 Жыл бұрын
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.
@kacey.durliat
@kacey.durliat Жыл бұрын
I feel like this would not work on today's influencers lol
@jackiechan27
@jackiechan27 10 ай бұрын
Bomb advice!!! 🔥🔥🔥
@drdollarxyz
@drdollarxyz Ай бұрын
True
@davidphones7290
@davidphones7290 Жыл бұрын
Man with higher status: “Alex, I saw your video. Stop providing me free value in exchange for open ended favors.”
@cxa011500
@cxa011500 Жыл бұрын
Good advice. But I have a hard time even imagining what I can do that would be of value to others. 🤔
@BobsterAction
@BobsterAction 11 ай бұрын
nice!
@NoteConference
@NoteConference 11 ай бұрын
Ha My whole life which has worked for me!
@dc3174
@dc3174 11 ай бұрын
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
@eugenenortje2907
@eugenenortje2907 Жыл бұрын
always good advice, blessings
@fredandbobinc
@fredandbobinc Жыл бұрын
basically product-led sales
@englandhall5316
@englandhall5316 Жыл бұрын
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
@goshdarnblog
@goshdarnblog 10 ай бұрын
He looks like an amish bookfoot, dude!
@firejoe283
@firejoe283 10 ай бұрын
Rick Ross gives you a way in his book...basically, send it to him lol and show that you've read his book.
@BibleBreakout
@BibleBreakout Жыл бұрын
this used to be the normal common sense approach 40 years ago
@Beatdown.Babylon
@Beatdown.Babylon Жыл бұрын
Treat people like trashable, short-term investments to manipulate into flattering into indebting to me! Dee Nozzle.
@D33Lux
@D33Lux Жыл бұрын
Read your comment, and this is why people like you don't succeed in life.
@mhaluuun93
@mhaluuun93 2 ай бұрын
Yupp. 1st law of 48 Laws of Power. Never outshine the master
@darshandev1754
@darshandev1754 Ай бұрын
Nah that's not it
@mhaluuun93
@mhaluuun93 Ай бұрын
@@darshandev1754 You're right. You have all the answers... My mistake.
@DarrenDunlop
@DarrenDunlop Жыл бұрын
Love it
@jaredg.4255
@jaredg.4255 Ай бұрын
Done that many times, just end up getting screwed over.
@tilosobelman3114
@tilosobelman3114 Жыл бұрын
Need a Favor Alex? I got you
@sbrooks904
@sbrooks904 Жыл бұрын
😂😂
@christopher6337
@christopher6337 Жыл бұрын
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.
@tilosobelman3114
@tilosobelman3114 Жыл бұрын
@@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?
@tilosobelman3114
@tilosobelman3114 Жыл бұрын
Them* not me 😂
@elric4957
@elric4957 Ай бұрын
That's simping 101.
@paramountofpuns6913
@paramountofpuns6913 Жыл бұрын
I don’t even know how to apply this
@evguenilecerf9472
@evguenilecerf9472 11 ай бұрын
Does not work in France
@possiblypoet
@possiblypoet Жыл бұрын
Oh this is artists make art from celebrities
@Nabileuuh
@Nabileuuh Жыл бұрын
my landlord doesn't agree with this lol
@buffalosolider206
@buffalosolider206 Жыл бұрын
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.
@D33Lux
@D33Lux Жыл бұрын
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.
@bestofburden
@bestofburden Ай бұрын
Yea, I’m not building a whole house for free for someone.
@abdullahalaa8878
@abdullahalaa8878 2 ай бұрын
I didn't get a single word
@user-uu7qh2tx5o
@user-uu7qh2tx5o Жыл бұрын
Alex can I do you a Favor!
@D33Lux
@D33Lux Жыл бұрын
If you have to ask, you have no value.
@bc2647
@bc2647 Жыл бұрын
Tony Robbins philosophy....
@ann_alanth
@ann_alanth 10 ай бұрын
Hey Elon I cleaned your toilet
@Loremips9966
@Loremips9966 Жыл бұрын
If I were to do that in my niche I would end up in jail.😂
@ashaaib
@ashaaib Жыл бұрын
This guy is supposedly rich yet he can’t afford a t shirt that fits.
@DavidBuysBiz
@DavidBuysBiz Жыл бұрын
All his shirts fit at first. He just immediately grows to be too much man for them 💪😉
@D33Lux
@D33Lux Жыл бұрын
He's a big dude, he needs to shop at the big and tall store. Shirt looks comfortable, maybe why he still wears it.
@Carpe-Diem-gg1hg
@Carpe-Diem-gg1hg Ай бұрын
Yeah but what if the guy is a piece of shit and just rides you for years and never gives back anything?
@Ski-xlx
@Ski-xlx Ай бұрын
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.
@terrytibbs3336
@terrytibbs3336 8 ай бұрын
Pretty bad advice
@Nuggifresh
@Nuggifresh Жыл бұрын
Big facts
@health-of-it
@health-of-it Жыл бұрын
That is what I do everyday
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