I Taught 116+ Salesmen My Closing Framework
426,004
Published 2021-06-02
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.
All Comments (21)
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This is literally the best high ticket sales training I've ever seen.
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Just Gold! Sometimes I can't believe how someone can summarize a business lifetime of experience and teach it in 30 min! Amazing Alex
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Great stuff as always Alex. I love the question, "Would you sell this to your mom?" Really cuts through the BS.
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I’ve been in sales all my life… Alex my man you’ve explained sales process perfectly! And love the CLOSER acronym!
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30:54 this is the most valuable piece of information everyone can receive.
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I've paid for content far less informative than this. Anyone not listening is literally losing deals.
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This is the finest masterclass on sales I've ever seen! Alex, you are awesome! Thank you sir.
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I remember getting annoyed by seeing this guy all the time and I'm in Tanners program. Then he started talking about how great you are so I decided to check you out. Now I think everything that comes out of your mouth is pure gold... legend.
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What a generous, brilliant man! Thank you so much, Alex. So passionate and patient.
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This was soooo good! Had to grab a paper and pen! And I have a lot of testimonials and I am a team of one. I WILL be printing my testimonials out and reading them more often! Thank you
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Short and concise! Very nicely put together for our benefit Alex!
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Wow. One of the best, valuable and informative videos for FREE on YT…..I should be paying for how valuable this info is - thank you so much for sharing this information 🙏
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Golden, the funny thing is, i've seen this presentation b4, but i still was able to retain so much value once again, thanks broo, you really the man!
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Just begun high tiket Sales, i genuinely think these are the best trainings available. Thanks a lot, if i get very good at Sales, i'll come here in a few month to update you and you guys on how my journey going on
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This session is an absolute masterclass! Alex, you are just amazing
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wow....I am so glad I have found this video! This helps SOO MUCH with perspective in approaching the client calls! Thank you!
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This has to be the best information I've ever received off of YouTube for sales help. Thank you for making this free. As a business owner whereing every single hat right now, including sales, this was so helpful. Putting it to work now
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PRACTICAL. You make this shit Easy to grasp! Literally anyone can run a 6 fig - 7 fig biz If they apply this and stick to it!
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Love it! Good s.h.i.t. (super high intensity training)!!! I had to stop in the first 3 minutes of Alex teaching to start over with a notebook!
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This is literally the best sales presentation I've seen in 7+ years.
