The Intrinsic Value Podcast - The Investor’s Podcast Network

MI328: Learning from Alex Hormozi w/ Tim Calise

Feb 19, 2024

Tim Calise discusses his entrepreneurial journey, raising funds for a hedge fund, startup mistakes, and strategies for profit maximization in service businesses. From early ventures to finance career, the narrative covers experiences during the 2008 financial crisis and the transition to the fitness industry with automated personal training. Insights on lead generation software, collaboration for growth, and strategies for financial independence are also shared.

01:06:15

Episode guests

Tim Calise

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Episode notes

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Quick takeaways

Transition from active to passive income is crucial for financial independence.

Early experiences in investing shape risk-taking and decision-making.

Strategic partnerships and mentors accelerate learning and business success.

Deep dives

Transitioning from active to passive income for financial freedom

The podcast episode emphasizes the importance of transitioning from relying solely on active income to generating passive income in order to achieve financial freedom. The speaker defines financial freedom as having passive income that exceeds monthly expenses, highlighting the significance of generating income that continues to flow even without active effort. They stress the need to shift focus from accumulation and net worth to identifying opportunities that generate income while asleep, ultimately granting long-term financial independence.

Introduction

2min

Navigating Entrepreneurial Ventures and Financial Growth

14min

Building Trust and Raising Capital in the Hedge Fund Industry

2min

Promotions for HelloFresh, Funrise, and TurboTax

3min

Journey from Financial Crisis to Gym Innovation

18min

Isolation to Collaboration: A Journey Towards Growth and Success

7min

Automated Lead Generation Software in Fitness Industry

19min

Strategies for Accelerated Success and Financial Independence

4min

In this week’s episode, Patrick Donley (@JPatrickDonley) sits down with Tim Calise, a serial entrepreneur and investor who has worked with Alex Hormozi and now applies what he learned to help service business owners maximize their existing business. You’ll learn how Tim raised over $325 million for a hedge fund in his twenties, how he got involved in the gym franchise business, how he got connected with Alex Hormozi, the biggest mistakes he sees start-ups making, how he helps “compress time” for founders, and much, much more!

Tim is a versatile entrepreneur, investor, consultant, and podcast host who helps service business owners uncover the profits hidden inside of their existing business. By the age of 25, he had raised over $325mm for his investment company before moving onto building a 7 figure tech-enabled fitness business alongside his wife.

Most recently, Tim was one of the 4 Executive Team members at GymLaunch alongside Alex and Leila Hormozi where he oversaw the development and launch of ALAN, a machine learning SaaS company, which grew from zero to $20M ARR in 6 months. Currently Tim helps make founders dreams come true by implementing his Product to Profit TM Framework as a sought after #2 to ambitious founders.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:26 - How Tim’s younger years set the stage for his future entrepreneurial ventures.

06:08 - What his college business ventures were and what he learned from them.

09:37 - How he navigated his first job out of college.

10:50 - How he raised $325 million in 3 years for a hedge fund.

14:08 - What the investment thesis for the hedge fund was.

22:54 - How his fund handled the 2008 Great Financial Crisis.

28:37 - How he got involved in the world of gym franchises.

32:26 - What the advice Alex Hormozi gave to Tim.

37:28 - What is it that makes Alex Hormozi a phenomenal entrepreneur.

41:23 - How they scaled the Gym Launch model beyond gyms into other industries.

52:00 - Why Tim decided to focus on small businesses to advise after his experience with Alex.

57:49 - What the biggest mistakes he sees start-ups making.

60:57 - How he aligns incentives with the founders he works with.

63:51 - How he finds balance in his life.

66:07 - What’s the #1 piece of worldly wisdom advice he finds himself giving to clients.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Recommended Book: $100 Million Offers by Alex Hormozi.
Recommended Book: Buy Back Your Time by Dan Martell.
Free Gift: DM “TIP” for a free gift from Tim.
Check out the books mentioned in the podcast here.

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