Alex Hormozi, a first-generation Iranian American businessman and author, is the co-founder of Gym Launch, which has coached more than 500 gym owners to open and scale their fitness businesses.
Brick and Mortar Bussiness
In 2013, Alex started his first brick-and-mortar business. Within 3 years, he successfully scaled his business to six locations. He then sold his locations to transition to the turnaround business.
Alex Hormozi Spent two more years turning 32plus brick & mortar businesses using the same model and made it successful.
Alex and his team have now helped scale more than 500 fitness businesses, with 50 million dollars in sales generated for their clients.
Licensing Model
After initial success, he honed his process and packaged it into a licensing model that could be replicated for other entrepreneurs interested in starting their own businesses. This model scaled to over 4,000 locations in four years.
He provides guidance on setting goals and reaching them. His clients have learned to maintain motivation, be more confident and achieve success in all areas of life.
Three More Companies in Four Years
Hormozoi founded and scaled three other companies in the same year period. The companies earned $120M+ in cumulative sales across four different industries.
The industries include software, service, e-commerce, and brick & mortar. Hormozi didn’t take any outside capital for these businesses and bootstrapped all of them to profitability.
Scaled 7 Companies
Co-founder and CEO of 3 companies currently and has scaled and exited 7 companies. According to hormozi, his best exit is the majority sale of his licensing company for $46.2M in 2021.
Motivational Speaker
Hormozi is an international speaker who has spoken at conferences such as Shopify Unite and Affiliate Summit.
He’s been featured on the Huffington Post, Entrepreneur Magazine, and many other publications.
Hormozi advises companies on business development strategy with a specialization in media buying, sales funnels, content creation & marketing automation.
CEO to Owner and Shareholder
In 2020 moved from ceo to owner , shareholder. Alex Hormozi launched acquisition.com to invest his own money into growing startups and help entrepreneurs scale their businesses. Since then he has invested over $1M into 40+ companies including Vaynermedia, Thankyou, and more.
He also regularly donates free time to advancing equal access to education and encouraging entrepreneurship in underprivileged communities.
Alex Harmozi’s net worth reveals his hard work and smart work. He earned a lot by steeping his foot on several industries includingwriting books.