$72M Personal Revenue Achievement
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A story about Alex Hormozi's business success and recent exit.
"He just sold one of his businesses - the gym launch and supplement business combined. He sold 66% of it for $46 million. In one of his talks, he says over the last 5 years, both through the sale of the company as well as dividends, he's paid himself $72 million.
Collectively these businesses - the three things I mentioned (gym launch, supplements, and lead generation) - are doing according to his videos and my research 70 to 80 million dollars a year in revenue.
He started by opening gyms when he was 22-23, scaled to 3 gyms but realized it wasn't that good of a business. Then he met some folks at ClickFunnels who told him to stop opening gyms and instead teach people how to open gyms. That's when he created Gym Launch, a course that costs between 16-20 thousand dollars. From there he launched Prestige Labs selling supplements to gym owners, and then a lead generation company to help gyms get more customers."
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.