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    YAPClassic: JeVon McCormick, How I Turned My Pain Into Power to Run a Multimillion-Dollar Company | #BlackEntrepreneurs

    enFebruary 09, 2024

    Podcast Summary

    • The power of resilience and determinationGrowing up on tough streets, Jevon learned to be the best at any task, even the dirtiest ones, from his father. This lesson helped him overcome adversity and become a successful entrepreneur.

      The importance of resilience and determination in overcoming adversity. Jevon McCormick, the CEO and president of Scribe Media, shares his experiences growing up on the tough streets of Dayton, Ohio, as a mixed race child of a drug dealing pimp and an orphan single mother. Despite facing hardships such as sexual abuse, homelessness, and stints in juvenile detention, Jevon's father instilled in him the value of being the best at whatever he did, even if it meant cleaning the dirtiest toilets. This lesson stayed with Jevon and helped him climb the corporate ladder and eventually become a successful entrepreneur. Additionally, Jevon discusses his experiences with imposter syndrome and shares his views on leadership and fostering great company culture. Overall, this episode serves as a powerful reminder of the importance of staying focused on your goals and using your past experiences to fuel your success.

    • The Power of Striving for ExcellenceDespite facing adversity, one can achieve success by staying determined and persevering through challenges.

      No matter the circumstances, striving to be the best version of oneself can lead to success. The speaker's determination to excel in every aspect of life, from cleaning toilets to becoming a CEO, serves as an inspiring example. Additionally, the speaker's upbringing in poverty and as a mixed race individual in the United States presented numerous challenges. Stories shared include freezing homes, relying on handouts, and even pulling trash from cans for food. Despite these hardships, the speaker's mother's resilience and the determination to provide for her family left a lasting impact. The speaker's life story highlights the importance of perseverance and the power of striving for excellence, even in the face of adversity.

    • Jovan's upbringing shaped his valuesJovan's father taught him to respect everyone, instilling a lifelong priority for kindness and respect.

      Jovan's upbringing, marked by food insecurity and racial discrimination, significantly shaped his experiences and values. He learned the importance of making the most of each month based on welfare payments and faced harsh discrimination as a mixed-race child in Dayton, Ohio. Despite these challenges, Jovan's father instilled essential life lessons, including the importance of being the best at whatever one does and communicating respectfully with everyone. A particularly impactful lesson came when Jovan was young, as his father taught him to show respect and greet everyone, even strangers. This lesson has stayed with Jovan throughout his life, and he continues to prioritize kindness and respect for all people, regardless of their position or status.

    • The Power of Asking How Someone is DoingAsking someone how they are can lead to meaningful connections and conversations, revealing experiences and feelings. Money, seen as a source of hardship or a valuable resource, shapes our perspectives and values.

      Showing genuine interest in others and asking how they are can lead to meaningful connections. This simple question can open up a conversation and allow people to share their experiences and feelings. The speaker also shared how his experiences with money, shaped by his circumstances, led him to value it deeply. He challenged the common phrase "money is the root of all evil" and instead saw the lack of it as a source of hardship and desperation. The speaker also shared an analogy his father used about the CEO of Budweiser and a drug dealer, highlighting the similarities and differences between legal and illegal substances and the systems that support them. Overall, the conversation emphasized the importance of genuine connections, the power of money, and the complexities of societal norms and systems.

    • The speaker's mother's determination to provide for her familyThe speaker learned the importance of hard work, resourcefulness, and valuing a single child from his mother's struggles and decisions.

      The speaker's mother, despite facing significant challenges, always tried her best to provide for her family and instilled in her son the importance of perseverance and responsibility. The speaker shares that his mother's decision to have only one child, despite the difficulties she faced, was a crucial lesson for him. He also reveals that he is a product of his mother's decision to have an illegal abortion earlier in her life, further emphasizing her determination to care for her children. The speaker keeps a rent receipt as a reminder of his humble beginnings and the struggles his family faced. Overall, the speaker's relationship with his mother taught him the importance of hard work, resourcefulness, and the value of a single child.

    • Start and grow a business with ShopifyShopify offers a user-friendly platform for entrepreneurs, with AI tools, support, and a $1 trial period, enabling anyone to start and grow a business, regardless of skills or experience.

      Shopify provides an accessible and user-friendly platform for entrepreneurs to start and grow their businesses, as evidenced by the success stories of brands like Thrive Cosmetics. Even for those without technical skills or prior business experience, Shopify offers a plug-and-play solution with the help of AI tools and award-winning support. The interviewee's personal story highlights the importance of finding positives in challenging experiences and using them as fuel for success, which can be applied to growing a business on Shopify or in any other industry. Shopify's affordability with a $1 per month trial period makes it an attractive option for those looking to start a side hustle or take their business to the next level, regardless of the stage they're in.

    • Childhood experience shaped speaker's work ethic and resilienceEven hard childhood experiences can foster resilience and strong work ethic. Committed to every task, using opportunities to learn and grow, and focusing on success can lead to personal and professional achievements.

      Personal experiences, even those filled with hardship and stress, can shape and strengthen individuals in profound ways. The speaker shares a childhood memory of being left in charge of his younger siblings during a difficult time, and how the stress he felt during that experience helped him develop resilience and a strong work ethic. This experience stayed with him and influenced his approach to work and life, allowing him to excel in various roles, from cleaning toilets to becoming the president of a company. The speaker emphasizes the importance of being committed and taking pride in every task, no matter how small, and using opportunities to learn and grow. Ultimately, his determination and focus led him to success, starting from the lowest paid position at HeadSpring System and rising to become its president within a few years.

    • Starting from the bottom and climbing the corporate ladderDedication and willingness to go the extra mile can lead to significant career growth. Learn from competitors and be willing to do tasks others won't.

      Determination and a willingness to go the extra mile can lead to significant career growth. The speaker shared his experience of starting as a salesperson in a small company, making calls from a storage closet, and eventually climbing the corporate ladder to become the president. He emphasized the importance of learning from competitors and being willing to do tasks that others wouldn't. His dedication and hard work paid off, and he went from being the lowest paid person to leading the company. Even as the CEO of Scribe Media, he continues to embrace this mentality and is not afraid of taking on any task. This approach has earned him respect from his employees and has contributed to his success as a leader.

    • Realizing the importance of documenting personal history leads to unexpected opportunitiesDocumenting personal history can lead to professional growth and overcoming imposter syndrome through unexpected opportunities and supportive relationships.

      Personal legacy and the desire to document one's story can lead to unexpected opportunities and even professional growth. JT McCormick, the software company president, had a realization during a turbulent flight that his children wouldn't know their family history. He reached out to his LinkedIn connections for help and was introduced to Tucker Maxx. What impressed JT the most was Tucker's accomplishment of having three New York Times bestselling books simultaneously. JT hired Tucker to help him write his book, intending it to be a private legacy piece for his children. However, Tucker was so impressed with JT's leadership skills that he offered him a role in his company, eventually making him the CEO. JT's imposter syndrome, a feeling of being an impostor despite his achievements, was a common challenge he faced due to others' credentials. But with the support of Tucker and Zach, he overcame it and thrived in his new role.

    • Feeling Intimidated Without a College Degree: Finding Strengths in Business and EntrepreneurshipSuccess often involves sacrifices. Unique perspectives and skills from non-traditional backgrounds can be valuable. Character, attitude, and reliability are key hiring factors. Indeed is an efficient recruiting tool. Sacrifices in personal time and relationships can lead to professional success.

      Success often requires sacrifices, and not having a traditional academic background can provide unique perspectives and skills. The speaker shared his personal experience of feeling intimidated by not having a college degree but discovered his strengths in business and entrepreneurship. He emphasized the importance of character, attitude, and reliability in hiring, and the efficiency of using Indeed for recruiting. The speaker also discussed his philosophy of the 3 S's of success: sacrifice, sleep, and success. He used Lebron James as an example of someone who sacrifices personal time and relationships to achieve professional success. The speaker encouraged recognizing and celebrating these sacrifices, rather than just focusing on the end result. Additionally, he highlighted the power of Indeed in streamlining the hiring process for businesses.

    • Neglecting Sleep and People: Costly Mistakes in BusinessSuccess requires balance between work and rest, and prioritizing people over processes and profits for a strong company culture.

      Achieving success requires making sacrifices. The speaker shares his experience of neglecting sleep in favor of binge-watching TV shows and working long hours, but later realizing the importance of rest for clear thinking and overall health. He also emphasizes the importance of people in business, arguing that they should come before processes and profits. The speaker advocates for a servant leadership style, where leaders prioritize serving their team members and making decisions that benefit them. By focusing on people first, a strong company culture can be fostered, leading to happy and retained talent.

    • Learning from mistakes and giving backSuccess is about persisting through challenges, serving others, and continuously learning from mistakes. Morning routines and community involvement can help set the stage for a productive day and meaningful life.

      Success is not about avoiding mistakes, but rather learning from them and persisting through challenges. The interviewee, a successful entrepreneur and leader, emphasized the importance of service to those around you and shared his morning routine for starting the day off right. He also highlighted the significance of giving back to the community and sharing knowledge with those who may not have the same opportunities or experiences. Despite his numerous accomplishments, he acknowledged making mistakes throughout his life and career, but refused to label them as failures as long as he continued to learn and try.

    • Teaching essential life skills to the younger generationSuccessful entrepreneur J.T. McCormick emphasizes the importance of imparting manners, attention to detail, and interview skills to young people, giving them an added advantage in their professional lives. McCormick shares his experiences and lessons on LinkedIn and through his book, 'I Got There'.

      Mentorship and teaching essential life skills to the younger generation can make a significant impact on their future success. J.T. McCormick, a successful businessman, investor, and philanthropist, emphasizes the importance of imparting basic manners, attention to detail, and interview skills to those who may not have the opportunity to learn them otherwise. These lessons, which have served McCormick well throughout his career, can give young people an added advantage in their professional lives. McCormick's dedication to giving back extends beyond his teachings, as he also shares his business experiences and lessons learned on LinkedIn and maintains a personal website, jtmccormick.com. Additionally, McCormick's book, "I Got There: How I Overcame Racism, Poverty, and Abuse to Achieve the American Dream," is a compelling read that offers insights into his personal journey and the principles that have guided his success.

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    During COVID, Marshall Goldsmith spent several hours every weekend listening to successful people speak about their lives. From these sessions, he learned that even the highest achievers need help finding fulfillment. So, he wrote The Earned Life to address this need, drawing inspiration from Buddhism and his experience as an executive coach. In this episode, Marshall shares practical advice and exercises to help overachievers find personal fulfillment and live without regret. Dr. Marshall Goldsmith is the leading expert on leadership and coaching for behavioral change. He is also the author of several bestsellers, including Triggers and The Earned Life. In this episode, Hala and Marshall will discuss: - Marshall’s childhood and early years  - Marshall’s interpretation of Buddhism - How he uses his Buddhist philosophies in coaching  - The benefits and drawbacks of delayed gratification  - Impermanence and the ‘every breath’ paradigm  - Letting go of past successes - The definition of an earned life  - How regret and fulfillment are polar opposites  - Avoiding the big regrets - Why people don't live their own lives  - The three demands of living an earned life - And other topics…  Dr. Marshall Goldsmith is recognized as the leading expert on leadership and coaching for behavioral change. He has been named one of the top ten business thinkers in the world and the top-rated executive coach at the Thinkers50 ceremony in London since 2011. Marshall is the author of several Wall Street Journal and New York Times #1 bestsellers, including Triggers and What Got You Here Won’t Get You There, which is also the winner of the Harold Longman Award as Best Business Book of the Year. His newest book, The Earned Life: Lose Regret, Choose Fulfillment, was released in May 2022.  Connect with Marshall: Marshall’s Website: https://marshallgoldsmith.com/ Marshall’s LinkedIn: https://www.linkedin.com/in/marshallgoldsmith/ Marshall’s Instagram: https://www.instagram.com/coachgoldsmith/ Marshall’s Twitter: https://twitter.com/coachgoldsmith Marshall’s Facebook: https://www.facebook.com/Marshall.Goldsmith.Library Marshall’s YouTube: https://www.youtube.com/channel/UCtvlM6xRUC_ErV_q1FgUgiA Resources Mentioned:  Marshall’s Book, The Earned Life: Lose Regret, Choose Fulfillment: https://www.amazon.com/Earned-Life-Regret-Choose-Fulfillment/dp/0593237277   YAP Episode 42, Become a Better Leader with Dr. Marshall Goldsmith: https://youngandprofiting.com/42-become-a-better-leader-with-dr-marshall-goldsmith/  Marshall’s New Yorker Profile, “The Better Boss”: https://www.newyorker.com/magazine/2002/04/22/the-better-boss  LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast’ for 30% off at yapmedia.io/course.    Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Indeed - Get a $75 job credit at indeed.com/profiting Industrious - Visit industriousoffice.com and use code PROFITING to get a free week of coworking when you take a tour!   LinkedIn Marketing Solutions - Get a $100 credit on your next campaign at linkedin.com/YAP Kajabi - Get a free 30-day trial to start your business at Kajabi.com/PROFITING Rakuten - Start all your shopping at rakuten.com or get the Rakuten app to start saving today!   More About Young and Profiting Download Transcripts - youngandprofiting.com Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting   Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala   Learn more about YAP Media's Services - yapmedia.io/

    Shruti Joshi: Get Good With Money, Achieve Financial Zen With Personalized Financial Planning | E293

    Shruti Joshi: Get Good With Money, Achieve Financial Zen With Personalized Financial Planning | E293
    Shruti Joshi launched her company just before the COVID-19 pandemic, only to see it crumble. This setback, however, provided a window for her to take on a consulting role at Facet, where her entrepreneurial experiences set her up for success. Before long, she became the company’s COO and later, President. In this episode, Shruti discusses Facet’s mission to democratize financial wellness for millions of Americans and shares strategies for holistic financial planning. Shruti Joshi is the President and COO of Facet, a fintech company disrupting the financial wellness industry. She has been recognized as Wealth Solutions Report’s AAPI Innovator of the Year and one of the top women industry leaders of 2024. In this episode, Hala and Shruti will discuss: - Shruti’s background and early career - Her transition from investor to COO at Facet  - Limitations within the financial planning industry - Why entrepreneurs need professional financial advice - The holistic approach to financial planning - The results of Hala’s financial wellness quiz - How Facet is disrupting financial planning - The role of AI in financial planning - Actionable steps for financial wellness - The importance of fiduciaries for conflict-free advice - The subscription model vs. traditional financial planning fees - Why Certified Financial Planners are the industry gold standard  - And other topics…  Shruti Joshi is the President and COO of Facet, a leading fintech company revolutionizing financial planning with a subscription-based model. Before joining Facet, she founded a peer-to-peer recommendation service and held key roles at Verizon and Altman Solon. She is passionate about democratizing financial planning and making it accessible to everyone. Shruti has been recognized as Wealth Solutions Report’s AAPI Innovator of the Year and one of the top women industry leaders of 2024. A true globetrotter, Shruti has visited over 75 countries and is deeply interested in the psychology of wellness. Connect With Shruti: Shruti’s LinkedIn: https://www.linkedin.com/in/shruti-joshi-282369a/  Shruti’s Twitter: https://twitter.com/shruti_jo  Resources Mentioned: Facet Website: https://facet.com/   Financial Wellness Test: https://facet.com/profiting  LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast’ for 30% off at yapmedia.io/course.   Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Indeed - Get a $75 job credit at indeed.com/profiting Industrious - Visit industriousoffice.com and use code PROFITING to get a free week of coworking when you take a tour!   LinkedIn Marketing Solutions - Get a $100 credit on your next campaign at linkedin.com/YAP Kajabi - Get a free 30-day trial to start your business at Kajabi.com/PROFITING Rakuten - Start all your shopping at rakuten.com or get the Rakuten app to start saving today! More About Young and Profiting Download Transcripts - youngandprofiting.com Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting   Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala   Learn more about YAP Media's Services - yapmedia.io/

    YAPClassic: Alex Hormozi, How To Make Offers So Good People Feel Stupid Saying No

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    One of Alex Hormozi’s portfolio companies was underperforming, and he saw a clear solution—raise prices by 50%. Despite the CEO's resistance, which took nine calls to overcome, they implemented the price increase. The result? The business tripled its profit within three months. Alex knew the key to maximum profitability was delivering maximum value, a lesson he learned from his own mistakes. In this YAPClassic episode, Alex breaks down his value equation and shares strategies for creating irresistible offers. Alex Hormozi is an entrepreneur, philanthropist, and co-founder of Acquisition.com, a portfolio company overseeing multiple businesses. He is the bestselling author of $100M Offers, where he shares strategies for creating irresistible business proposals. In this episode, Hala and Alex will discuss: - Providing high value without cutting prices - Alex’s ‘value equation’ for crafting irresistible offers - The four key drivers of value in business - How to identify profitable markets - Strategies to scale your business rapidly - Focusing on high-return activities for maximum impact - Leveraging high-impact opportunities with minimal effort - Eliminating your side hustles to scale your main business - Techniques to attract and retain loyal customers - And other topics… Alex Hormozi is a first-generation Iranian-American entrepreneur, investor, and philanthropist. In 2013, he started his first brick-and-mortar business. Then, he transitioned from gym ownership to founding GymLaunch, a fitness business consultancy, which expanded to over 4,000 locations within four years. Alongside his wife, Leila, Alex bootstrapped three additional companies, which generated $120 million in sales. Then, the Hormozis founded Acquisition.com through which they manage a portfolio of bootstrapped companies. Alex is the bestselling author of $100M Offers, where he shares strategies for creating irresistible business proposals. He is also the host of The Game podcast.  Connect with Alex: Alex’s Website: https://www.acquisition.com/bio-alex Alex’s LinkedIn: https://www.linkedin.com/in/alexanderhormozi/ Alex’s Twitter: https://twitter.com/AlexHormozi Alex’s Instagram: https://www.instagram.com/hormozi/ Alex’s Facebook: https://www.facebook.com/ahormozi Resources Mentioned: Alex’s Book, $100M Offers: How To Make Offers So Good People Feel Stupid Saying No: https://www.amazon.com/100M-Offers-People-Stupid-Saying/dp/1737475715 YAPClassic: Robert Greene on Decoding the Laws of Human Nature: https://youngandprofiting.com/yapclassic-decoding-the-laws-of-human-nature-with-robert-greene/   LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast’ for 30% off at yapmedia.io/course. Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Indeed - Get a $75 job credit at indeed.com/profiting. Yahoo Finance - For comprehensive financial news and analysis, visit YahooFinance.com Kajabi - Get a free 30-day trial to start your business at Kajabi.com/PROFITING LinkedIn Marketing Solutions - Get a $100 credit on your next campaign at linkedin.com/YAP Industrious - Visit industriousoffice.com and use code PROFITING to get a free week of coworking when you take a tour!   More About Young and Profiting Download Transcripts - youngandprofiting.com Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting   Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala   Learn more about YAP Media's Services - yapmedia.io/

    Julie Solomon: How To Make Money On Instagram In 2024, Even With A Small Audience | E292

    Julie Solomon: How To Make Money On Instagram In 2024, Even With A  Small Audience | E292
    Despite her introversion, Julie Solomon thrives on Instagram. She has successfully monetized her influence and built a reputation as one of the top thought leaders in influence marketing. In this episode, Julie shares her best strategies for growing your brand and monetizing your influence online. She also touches on masterminds and the Instagram algorithm. Julie Solomon is an influencer, branding expert, and coach passionate about helping entrepreneurs grow their audience. She is the host of The Influencer Podcast and the author of Get What You Want. In this episode, Hala and Julie will discuss: - Julie’s approach to balancing privacy and influence - Succeeding as an introverted influencer - Essential Instagram content to create right now - Why you must focus on value-based content - Proven strategies for building authority online - Overcoming fear in content creation - Monetizing a small following - Why every entrepreneur needs a mastermind - DM automation for driving sales - Effective methods for boosting engagement on Instagram - How to make your brand messaging magnetic - Maximizing Instagram Stories for conversion - And other topics…  Julie Solomon is a visibility, brand strategy, and brand deal coach, helping entrepreneurs and creators elevate their visibility and impact. She is the host of the top-rated The Influencer Podcast, providing real-time coaching and business growth insights to millions of listeners worldwide. She is also the author of the bestselling book, Get What You Want. She has been featured in Forbes, Entrepreneur, and Business Insider. She has also been named among the top 100 leaders in influence marketing by Influence Co.  Connect With Julie: Julie’s Website: https://juliesolomon.net/  Julie’s LinkedIn: https://www.linkedin.com/in/julie-solomon-375127133  Julie’s Twitter: https://twitter.com/JulsSolomon  Julie’s Instagram: https://www.instagram.com/julssolomon/  Julie’s Facebook: https://www.facebook.com/JulsSolomon/  Julie’s YouTube: https://www.youtube.com/c/juliesolomontv  Julie’s Podcast, The Influencer Podcast: https://podcasts.apple.com/us/podcast/the-influencer-podcast/id1229401800?mt=2  Resources Mentioned: The Revenue Growth Lab: https://juliesolomon.net/profiting   LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast’ for 30% off at yapmedia.io/course.   Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Indeed - Get a $75 job credit at indeed.com/profiting. Yahoo Finance - For comprehensive financial news and analysis, visit YahooFinance.com Kajabi - Get a free 30-day trial to start your business at Kajabi.com/PROFITING LinkedIn Marketing Solutions - Get a $100 credit on your next campaign at linkedin.com/YAP Industrious - Visit industriousoffice.com and use code PROFITING to get a free week of coworking when you take a tour!    More About Young and Profiting Download Transcripts - youngandprofiting.com Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting   Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala   Learn more about YAP Media's Services - yapmedia.io/

    YAPClassic: Alex Hormozi, From Soul-Sucking Job to $100M in Revenue

    YAPClassic: Alex Hormozi, From Soul-Sucking Job to $100M in Revenue
    Defying his father's wishes, Alex Hormozi left his stable job to open a gym. But after a failed partnership left him sleeping on the gym floor, he attended a marketing workshop that turned everything around. He used online marketing to secure his first 27 customers, and within three years, expanded to six locations. He has since run and sold multiple successful businesses. In this episode, Alex chats with Hala about his inspiring entrepreneurial journey, sharing the valuable insights he gained along the way.  Alex Hormozi is an entrepreneur, philanthropist, and co-founder of Acquisition.com, a portfolio company overseeing multiple businesses. He is the bestselling author of $100M Offers, where he shares strategies for creating irresistible business proposals. In this episode, Hala and Alex will discuss: - Alex’s upbringing and come-up story - The efficiency of learning from experts - Using death as a motivator to accomplish your dreams - The marketing workshop that fueled his success - How Alex scaled his gym chain by monetizing his knowledge - Why your life partner is critical to your success - Respect over chemistry for a successful marriage  - The pros and cons of marrying your business partner - When it's okay to leave money on the table  - How he rapidly scaled his business using the licensing model - And other topics… Alex Hormozi is a first-generation Iranian-American entrepreneur, investor, and philanthropist. In 2013, he started his first brick-and-mortar business. Then, he transitioned from gym ownership to founding GymLaunch, a fitness business consultancy, which expanded to over 4,000 locations within four years. Alongside his wife, Leila, Alex bootstrapped three additional companies, which generated $120 million in sales. Then, the Hormozis founded Acquisition.com through which they manage a portfolio of bootstrapped companies. Alex is the bestselling author of $100M Offers, where he shares strategies for creating irresistible business proposals. He is also the host of The Game podcast.  Connect with Alex: Alex’s Website: https://www.acquisition.com/bio-alex Alex’s LinkedIn: https://www.linkedin.com/in/alexanderhormozi/ Alex’s Twitter: https://twitter.com/AlexHormozi Alex’s Instagram: https://www.instagram.com/hormozi/ Alex’s Facebook: https://www.facebook.com/HormoziAlex/ Resources Mentioned: Alex’s Book, $100M Offers: How To Make Offers So Good People Feel Stupid Saying No: https://www.amazon.com/100M-Offers-People-Stupid-Saying/dp/1737475715 YAP Episode 43 with Robert Greene:  https://youngandprofiting.com/yapclassic-decoding-the-laws-of-human-nature-with-robert-greene/  YAP Episode 203 with Leila Hormozi: https://youngandprofiting.com/leila-hormozi-100000000-leadership-how-to-build-high-performance-teams-people-never-want-to-leave-e203/    LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast’ for 30% off at yapmedia.io/course.    Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Indeed - Get a $75 job credit at indeed.com/profiting. Yahoo Finance - For comprehensive financial news and analysis, visit YahooFinance.com Kajabi - Get a free 30-day trial to start your business at Kajabi.com/PROFITING LinkedIn Marketing Solutions - Get a $100 credit on your next campaign at linkedin.com/YAP Industrious - Visit industriousoffice.com and use code PROFITING to get a free week of coworking when you take a tour!  More About Young and Profiting Download Transcripts - youngandprofiting.com Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting   Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala   Learn more about YAP Media's Services - yapmedia.io/

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