11:01Is Alex Hormozi A Legit Businessman Or A Fake Guru?
From My First Million · Published Jul 5, 2022 · Watch on YouTube
TL;DR
The hosts evaluate Alex Hormozi, a 31-year-old entrepreneur who built Gym Launch (a ~$16–20k gym‑owner course), Prestige Labs (supplements), and a lead‑gen company, collectively doing ~$70–80M in annual revenue. He sold 66% of two businesses for $46M and claimed $72M in personal income over five years.
Key insights
- Alex started with physical gyms, was told by ClickFunnels contacts that gyms are a bad business, and pivoted to teaching gym owners via an expensive course (Gym Launch).
- He built two adjacent businesses: Prestige Labs (supplements sold to gym owners) and a lead‑gen company that connects searchers to gyms.
- Combined revenue from the three ventures is estimated at $70–80M; he sold 66% of the first two for $46M and says he paid himself $72M in dividends and the sale over five years.
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