in · LinkedIn
Deciding to skip business school to start a gym in 2013 changed my life forever.
Here’s what happened next:
2013: Launched United Fitness in Huntington Beach, CA, and grew to 6 locations
2016: Founded Gym Launch and switched from privately owning gyms to doing in-person turnarounds
2017: We transitioned from in-person turnarounds to a licensing business and helped over 4500+ facilities transform their businesses.
2019: Our supplement company, Prestige Labs, launched to help those gyms create another profit center and provide their customers with high-quality nutritional products.
2020: Started ALAN, a software company that helps brick-and-mortar businesses get twice as many people in the door on average for one-third the price of a front desk admin.
2020: Founded Acquisition.com, to invest in and help grow companies. Made our first 3 investments.
2021: We sold our majority shares of ALAN to a strategic partner and a 66% stake in Gym Launch and Prestige Labs to American Pacific Group.
Today, through Acquisition.com we participate as minority or majority partners and use the same models that helped scale each of our companies.
If you own a profitable and growing $1M+ in EBITDA company and you’d like us to see if we can help you grow faster: Reach out at Acquisition.com
Always looking to meet great companies and founders. And if you're below that revenue/EBITDA, we’ve created resources to help entrepreneurs get to that point for free. You can grab Acquisition.com free courses, books, and articles here:
🔗 Youtube @AlexHormozi
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🔗 Podcast: The Game w/ Alex Hormozi
🔗 #1 Best Selling Book: $100MM Offers (400,000+ copies, 13,000+ 5-stars on Amazon)
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🔗 Speaking Inquiries: acquisition.com/speaking
- • Managing Partner @ Acquisition.com
- • Founder @ Acquisition.com
- • Board Member @ A.L.A.N.
- • Founder @ A.L.A.N.
- • Board Member @ Prestige Labs
- • Vanderbilt University Bachelor of Science (B.S.)
- • Gilman School
Skills: Data Analysis, Microsoft Excel, PowerPoint, Research, Market Research, Social Media, Marketing, Outlook, Public Speaking, Sales, Business Analysis
◎ · Instagram @hormozi
Founder Acquisition.com, Co-Founder Skool.com.
I talk about scaling businesses.
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- • Four ways to change human behavior:
To get them to DO something:
1) Give them a cookie (add +)
2) Dont have to do chores (minus -)
To get them to STOP doing:
1) Make them do chores (add -)
2) Stop giving them cookies
(remove +)
And reinforce new behavior with urgency.
- • “I need to apologize Alex”
- • Hiring talented people is one of the easiest 10x-100x ROI opportunities.
And there’s always underpriced talent.
- • Price is what you pay. Value is what you get. Which means great value can still be a bad deal.
- • For all the talk of enterprise value and multiples, friendly reminder that it’s okay to just make money now. Sell some “unscalable” stuff for way more than it costs. Pocket the difference. Live your life.