As of 2022 Alex Hormozi , founder of Acquisition.com, has a net worth of $100,000,000.
|Known For:||Founder of Acquisition.com|
|Source of Wealth:||Gym Consulting Business|
|Country:||United States of America|
Who is Alex Hormozi?
Alex Hormozi is a businessperson, investor, and philanthropist. He is known as the growth expert and has been featured on Forbes and Entrepreneur. Hormozi also hosts the Gym Secrets podcast and owns a YouTube channel with almost 300,000 subscribers. He teaches entrepreneurs how to become successful.
The first-generation Iranian-American started from humble beginnings. In 2013, he launched a gym business that got off the ground and became Gym Launch. Gym Launch teaches gym owners how to convert their gym models into profitable businesses. Today, Hormozi functions as the Co-CEO of Gym Launch and acquisition.com (founded in 2020) with his wife, Leila Hormozi.
His determination and innovation-driven mentality are appreciated throughout the industry and have brought him massive results in his business.
How Did Alex Hormozi Get So Rich?
Alex Hormozi spent his early days sleeping on the cold floors of his gym. However, that quickly changed when he mastered sales and lead generation. Three years later, his business expanded to six locations, which he later sold off to focus on helping other gyms grow through Gym Launch.
Drawing from his strategies and model, Hormozi quickly began to help other gym owners achieve similar results. The company had a growth rate of 850% in 2017 and 525% in 2018, making it one of the fastest-growing companies in the 16th Annual International Business Awards.
Gym Launch has helped over 1500 gyms from four continents and garnered $30 million in business revenue per year.
In 2020, Hormozi founded acquisition.com to invest his wealth and intellectual capital in other companies. His portfolio of companies has collectively grossed $85 million per year in revenue.
What is Alex Hormozi Doing Now in 2022?
Alex Hormozi and his wife invest their time in founder-led service-based enterprises through acquisition.com. He also shares motivational clips and business strategies for entrepreneurs on his Instagram and YouTube channels.
What Can You Learn From Alex Hormozi?
Alex Hormozi is an inspiration to entrepreneurs looking to increase their profit margins. If you want to be successful in your field, you can learn something from him.
- Adopt long-term thinking: Hormozi believes that success doesn’t happen overnight. It might take three or fifteen years to get the breakthrough moment.
- Sacrifice the small things to get the big things: You need to let go of momentary pleasure to maximize your effort.
- Be Accountable: Be accountable to something or someone because your success depends on how liable you are to your goals. Accountability drives results.
If you want to be successful like Alex Hormozi, remember these three things: work hard, seize opportunities, and persevere. These three qualities will take you far in life.
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