You won’t believe how Alex Hormozi net worth went from facing a bunch of failures and setbacks to becoming one of the youngest and most successful people in the fitness industry.
His crazy smart business strategies helped him to rack up a net worth that’s off the charts.
So come and let’s talk about perseverance, man.
Alex started many businesses but failed in every industry.
In 2013, he started a gym business, and within three years, he expanded the business to other locations.
From being bankrupt at 26 to make $100 million must be an inspiring story, so read the entire post to learn the top ten inspiring lessons from Alex’s struggling story.
Alex Hormozi followings
- Alex on Instagram has 1 million followers and 1,237 posts.
- Alex on Youtube has over 11.7 lakh subscribers with 1k videos.
- Alex on Facebook has a total of 18k followers and 159 followings.
- Alex on LinkedIn has a full 56 781 followers with 500+ connections.
Who is Alex Hormozi
Alex Hormozi is a US-based YouTuber, digital creator, author, entrepreneur, investor, and philanthropist.
He is also the founder of Acquisition.com, where he scales other businesses.
In 2021, his Acquisition company generated over $85,000,000 annually across four industries, including software, service, e-commerce, and brick-and-mortar.
Alex is mainly considered a monetization expert.
As a human being, he also makes mistakes and shares his lessons with others to help them to avoid pitfalls.
His Net Worth is considered to be $100 million.
He was born on August 18, 1989, in Texas, United States
Alex invests his time in educating and encouraging others about entrepreneurship in unprivileged communities.
Alex Hormozi on YouTube
Alex joined this channel (Alex Hormozi) on January 4, 2009. Till now, he has a total view of 68,735,109 views.
As a YouTuber, he mainly talks about financial stability, how you can become rich, motivation, and life lessons.
Those Alex talks can help you become rich if you follow his pieces of advice.
He also has been talking about how to get more customers, make more per customer, and make them regular customers, and many failures and lessons he learned while selling $100 M+ sales.
As of now, he has total subscribers of 11.7 lahks.
Some of his most popular videos:
- Watch these 55 minutes if you want to be a millionaire in 2022
- I’m broke. What should I Do?
- REPROGRAM your mind to be rich in 22 minutes
- How I would invest $1000 if I were in my 20s
- Get Rich in the new economy (2022)
- 14 life lessons I wish I had known earlier
- Billionaire recession advice: stop investing in this (2023) views
- How society fools the Poor with “Work/life balance.”
The books Alex writes
- $100M offers – How to make offers so good people feel stupid saying no – The book will be published on July 17, 2021.
- In the book, Alex shares some interesting facts and lessons about why people feel stupid saying no to you. Alex shows in the book:
How to charge a lot more than you currently are…(the unfair pricing formula – how he 100x’d, how to get more people to say yes, and so on)
2. How to enhance your offer so much, Prospects buy without hesitating
3. How to make your product so good, Prospects find a way to pay for it
So, this book is for you; if you want more prospects to reply to your ads for less advertising dollars and get them to say YES, then use this book and its contents to see results for yourself.
- Gym launch secrets: The step-by-step guide to building a massively profitable gym – The book is a complete case study of step-by-step for gym owners to learn how to get more customers, make per customers, and make them your regular customer.
These are the lessons learned while helping over 2500 gyms. All these lessons will help you to achieve massive Success in a crowded industry.
Alex Hormozi Net Worth: Top 10 compelling life lessons
Lesson no 1. Failure leads to Learning. Learning leads to Success, Success leads to Complacency, and Complacency leads to failure.
Failure leads to Learning, Learning leads to Success, Success leads to Complacency, and Complacency leads to failure; it’s a cycle, not an endpoint.
So failure will lead to Success if you learn from your mistake.
But the main problem with human psychology is when we achieve Success, we become relaxed and feel pleased with the situation.
This leads to failure because when you succeed, you feel satisfied and don’t try to explore more; you feel confident with whatever you achieve.
Don’t make such small goals; for example:
If you successfully run a business, try to expand it, connect to people through social media, and tell them about your service. Make one more business from your existing business.
Find different ways of earning more from your business. Like,
You can earn money through blogging if you are a blogger. By affiliate marketing, selling your course, ebooks, product offering, subscription, and much more.
You need not to be satisfied with your Success!
So with your Success, don’t get satisfied. Instead, explore and learn more about how you can achieve more than that.
So, sometimes Success leads to failure also, when you become complacent.
Lesson no 2. Have a crippling insecurity
As per the study of most successful people, some things were found common
One of those is “having a crippling insecurity of not being enough.”
Have you noticed something familiar in most successful people?
Even after being successful, they do not stop at one point. They always try to expand and learn more.
They think this Success is not enough, and I also have to achieve success in that and that field.
They never stop at one point, and neither they stop to explore new areas
So, don’t stop or stick to one place when you become successful. Like other successful people, you should also try to do something new.
Never stop too early, and never celebrate your Success too early.
Lesson no 3. Get more out of reading one book five times than reading five mediocre books once
It is much better to invest your time in reading a book that has quality than reading a book that has poor quality.
Good quality books can help you grow, while poor ones can waste time.
Read stuff of those who failed many times but succeeded in the end.
Learn from others’ mistakes, and try to make a habit of reading books
Books are the best friend of humans and help you to make to grow
Lesson no 4. Nothing destroys a plan like changing it often
You don’t need a new plan; you need a better commitment to your first plan
99% people out of 100 change their goals when they fail to fulfill their dreams
This is a widespread thing nowadays. We need to learn strong commitment to our dreams.
Rich vision and goals are always going to take a lot of work.
You have to be committed through the pain, the heartache, and the disappointment, or you will never make it happen.
You have to invest in what you dream of.
When you fail, please don’t change your plan; try repeatedly until you make it.
Fail at the 8th trial and succeed at the 9th trial.
Success will come from the dream if you stick to your goal instead of changing it often.
Lesson no 5. Wealth is not a number but a Ratio
Alex shared an essential tip through a video stating:
Many people think wealth is a number, but it’s not; it’s a ratio between what you earn and spend.
“That means you can become wealthy the moment you decide to be.
If I make $400k annually, I can live on $40k. So, every year earns me ten years of living.
So I could retire in 4 years, even without cash flow, because I have 40 years of living.
So, improving the ratio is far more critical than improving that absolute.
Some rich people are poor, and some very wealthy people are still poor as they manage the income and spending ratios poorly.”
So, invest your money accordingly. Manage between what you earn and what you spend.
Lesson no 6. Set habits instead of setting goals
This can make your life transform forever.
Switch from setting goals out in the future to set habits that I would put today.
Because the habit is the only thing you can control, it is the activities and the actions.
Make sure to set your habit.
Make habits of reading books, make a habit of Learning, make a habit of progress.
Every day make a habit that can change your life and help you grow.
As per Alex, “It makes no sense to set an outcome as the thing that you want that you’re destined to probably not achieve when you could instead set a habit that you have 100% control over and make sure to hit it.”
So start setting your habits.
Lesson no 7. When you fail is when your growth begins.
Either in business or life, failure always gives you lessons
Alex also fails in business and bodybuilding.
Alex shared his journey of struggle by posting a video with a detailed caption. He wrote:
“Everyone falls the first time.”
“Gym launch is Alex’s 9th business, Prestige labs are his 11th business, and Alan is his 13th business.
And every failure is a learning experience for him.
Continuing the caption, Alex wrote he thinks of short term. He had anxiety and was concerned about what others thought.
I wish everyone more failure because atleast we are trying.”
So, the loss is vital to growth.
Look how many times Alex failed, but every time he tries again
We, too, need this. Every time you fail, stand again.
Lesson no 8. Have a superiority complex
A superiority complex means thinking you are better than everybody and believing you can do bigger things.
Because Success and failure are in your control
If you think you are better than everyone and can do it, you are almost near your Success.
On the other hand, if you think you lack something and are not better than others, there is a high chance of failure.
So, all in all, it’s just a matter of your thinking
The superiority complex is based on the research study of successful people.
So start thinking of this, build your mindset according to the most successful people to achieve Success.
Lesson no 9. Don’t listen to those who have smaller goals for you
The small the plan, the less the growth in life
Don’t listen to those who have smaller goals for you
They expect you of smaller goals
Please make your own goals, and get into it
Lesson no 10. If you desire to grow, the discomfort should not stop you
If you want to succeed in life, you must continue with your discomfort
The more you seek the hurt, the more you will become comfortable later
Ask yourself over the last month how much pain you have experienced.
Try to expand yourself. Take yourself out of your comfort zone
If you stay in your comfort zone, that’s why you fail.
Remember, Success is not a comfortable zone but an uncomfortable thing to attempt.
Start putting some pressure on yourself.
Being uncomfortable is essential for your Success!
Q1. What is Alex Hormozi Net Worth?
Alex Hormozi Net Worth is $100 million
Q2. Who is Alex Hormozi?
Alex Hormozi is a digital creator, Youtuber, entrepreneur, investor, author, and philanthropist.
Q3. Who is Alex Hormozi’s wife?
Alex Hormozi wife is Leila Hormozi
Q4. How old is Alex Hormozi?
Alex Hormozi is 40 years old.
Q5. How tall is Alex Hormozi?
Alex Hormozi is 5 feet and 9 inches tall
Q6. How does Alex Hormozi make money?
Alex has multiple income sources, including selling books, Youtube, ads revenue, and through his company.
Q7. What does Alex Hormozi eat?
Alex eats an equal amount of meals for breakfast and lunch. He eats a protein shake at 9-10 am and 12 ounces of beef for lunch.
Q8. What does Alex Hormozi do?
Alex Hormozi is a YouTuber, Entrepreneur, and philanthropist
Q9. How did Alex Hormozi get rich?
In 2013, he started Alex starts gym, and within three years, he expanded his business to other locations, generating five figures in monthly revenue.
Q10. What are the books written by Alex Hormozi?
$100M offers – How to make offers so good people feel stupid saying no and Gym launch secrets: The step-by-step guide to building a massively profitable gym are the books written by Alex
No doubt, Alex Hormozi proved to others that his success is just incredible.
His life event is hugely inspiring for every age group, either old or young.
Which part of his life lesson inspired you most? What do you think of Alex Hormozi Net Worth? If you learned anything from this article, please share it with your friends and family.
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