The Man That Makes Millionaires: How To Turn $1,000 Into $100 Million!: Alex Hormozi | E235

I'm gonna say some stuff that's gonna bother some people. People who are listening to this and are not making as much money as they want, they have to- Mr. Alex Hormozi, the 100 million dollar man.

Entrepreneur, investor, and philanthropist.

Taking the internet by storm.

This guy really, really does understand how to build a business.

I was 22. I had done everything that my dad had wanted me to do, and I was looking out from the condo that I'd been able to buy with this job that I had, and, um, I always hoped I wouldn't wake up the next day. I cherish the fact that it was so miserable that it got me to change. Pain motivates significantly faster and stronger than pleasure does. If you are angry, use it. If you are sad, use it. Or it uses you. I didn't know whether I would succeed, but I did know I wasn't going to stop. Right around that point is when I met my wife, and then she just changed my life.

How did she change you?

Like... Didn't think we were gonna go here. Um, (laughs) she just, she believed in me. She stood tall when everything in my life was crumbling around me. I was, like, dead broke in her parents' house, and I was like, "I, I think you should leave me." She pulled my chin towards her and she was like, "I would sleep with you under a bridge if it came to that." Six months later, I have $3 million in the bank account. All of that was the first nine months of our relationship. For her to have that kind of belief was, was very, um, it was deep for me, and I think that's what most guys want, truly.

What makes a really good entrepreneur/leader?

I'll answer this differently than I have in the past, and I'm gonna tell a story that hopefully people don't take the wrong way. But I had a cat.

Before this episode starts, I have a small favor to ask from you. Two months ago, 74% of people that watch this channel didn't subscribe. We're now down to 69%. My goal is 50%, so if you've ever liked any of the videos we've posted, if you like this channel, can you do me a quick favor and hit the subscribe button? It helps this channel more than you know, and the bigger the channel gets, as you've seen, the bigger the guests get. Thank you and enjoy this episode. Alex, I spend several hours consuming all of your content across multiple channels. What is the aim? What is the mission? What is the, the intent if you were to try and summarize the content you're producing and the value you're trying to add and to who are you trying to add it to?

To make business accessible for everyone. That was the mission of the company, and so our whole idea was we'll put everything out there, uh, for free, so no paywalls. So, there's, like, we have courses on the site, the books I have for 99 cents, um, so that anyone can get them, and, you know, we'll continue to produce as much as we can, and we share the learnings that we have from our portfolio companies in order to keep the stuff that we are putting out there relevant, new, fresh, cutting edge, because this is what's working today. And by doing that, it also brings other companies to us because they get value from the stuff, and our goal is always to hopefully provide more value to a company before they've ever spoken to us, um, like kind of pay for our self in advance is kinda, like, the thought process, even though we're buying in. Um, and that's, that was kind of the thesis when we started it. I didn't know if it was gonna work, uh, but it seems to have gone pretty well, uh, and it was just, kind of just, like, if we just give and keep giving and keep giving, we just focus on the value and delivering to the audience, um, it'll come back eventually.