2023 Revenue
$15M(Est.)
Customers · 2021
1.4K
Founded
2020
Alaric Ong Global Revenue (2023)
Alaric Ong Global generated an estimated $15M in annual revenue in 2023. Source: GetLatka estimate
Alaric Ong is a Singapore-based entrepreneur and business coach who founded Alaric Ong Global in 2018 at age 22. The company operates as the largest Facebook marketing community in Singapore, with 1,400 paid students enrolled in sales, marketing, and branding coaching programs priced from $500 to $5,000 on a one-time basis.
Ong reported generating approximately $1,200,000 in coaching revenue during the first eighteen months of operation and disclosed $20,000 in done-for-you client services revenue for the month preceding the April 2021 interview. In addition to the coaching business, Ong holds 20% equity stakes in two portfolio companies: a tuition business doing roughly $5,000 per month in revenue and a social media marketing agency generating $30,000 to $70,000 per month in sales.
Before launching the coaching business, Ong built and exited four earlier ventures between 2016 and 2018, including a healthy food delivery startup, a network marketing downline of 140 members, and a done-for-you digital marketing agency called the Apollo Method. The tuition portfolio company completed a seed raise of $18,000 for 3% equity at a stated $600,000 valuation in 2021.
Last updated
Alaric Ong Global Revenue
Alaric Ong reported approximately $1,200,000 in coaching revenue during the first eighteen months following the June-July 2018 launch of the coaching business, which he disclosed during the April 2021 interview. For the month immediately preceding the interview, Ong stated that done-for-you client services through the Apollo Method generated approximately $20,000.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Alaric Ong Global Hit $15m revenue in June 2023 | Estimated |
| 2020 | Launched with $0 revenue |
The $20,000 in monthly Apollo Method revenue came from several clients: a Myanmar preschool business that paid $6,700, a training company paying 15% of revenue from emotional healing and spiritual courses, and an insurance director paying 15% of agent earnings. Ong cited an example in which an agent earning $50,000 per year would generate $7,500 annually for him under that commission structure.
Ong did not provide a total annualized revenue figure for 2021 or a forward projection for the coaching business, stating instead that his focus was shifting toward acquiring equity stakes in other businesses rather than scaling coaching revenue further.
Founder / CEO
Alaric Ong
CEO
Alaric Ong is the founder and CEO of Alaric Ong Global. He launched the coaching business in June or July 2018 at age 22. Before that, he built five businesses across roughly two years, three of which he stated started with zero capital and reached six figures, and one of which reached seven figures within sixteen months.
Ong's first venture was a healthy food delivery business launched in 2016 at age 19, serving DBS Bank, Singapore's largest bank with approximately 10,300 employees across 50 floors. The business generated 70 orders on day one and 90 on day two, a trajectory Ong said would have implied a run rate of approximately $30,000 per month in recurring revenue from DBS alone. His partner invested $9,000 in startup capital; Ong held 30% equity without contributing capital. The business shut down within six months due to operational failures and an equity dispute.
From mid-2016 to mid-2017, Ong built a network marketing downline of 140 members within ten months under International Entrepreneurs Platform, a Singaporean company. Downline members paid sign-up fees ranging from $400 to $13,000. Of the 140 recruited, Ong estimated 20 to 30 actually made a real sale to a consumer. He left the company in 2017 citing concerns about the company's historical branding and past conduct. He then launched the Apollo Method, a sales and marketing agency charging retainer fees of $1,000 to $2,000 per month, generating $5,000 to $10,000 per month in revenue. Ong has been featured in Fox, Market Watch, and Digital Journal and has interviewed entrepreneurs including Marcos Mora, who runs the Amado franchise at $120,000,000 in annual revenue, as well as Grant Cardone, JT Fox, and George Ross.
Customers
Alaric Ong Global had 1,400 paid students enrolled in its Facebook marketing coaching community as of April 2021. Coaching programs are priced from $500 to $5,000 and are sold on a one-time basis with no recurring subscription component.
The tuition portfolio company charges students $50 to $75 per hour for supplementary lessons. The Apollo Method done-for-you retainer fees range from $1,000 per month on the lower end, with individual project fees such as the $6,700 engagement with a Myanmar preschool business also in the mix. The insurance director client arrangement pays Ong 15% of agent earnings, with an example of a $50,000-per-year agent generating $7,500 annually for Ong under that structure.
Alaric Ong Global serves 1.4K customers.
Alaric Ong Global Business Model
Alaric Ong Global generates revenue through three streams: one-time coaching enrollments priced at $500 to $5,000 per student, done-for-you digital marketing retainers and project fees under the Apollo Method brand, and dividend income from 20% equity stakes in two portfolio companies.
The tuition business, in which Ong holds 20% equity, was generating approximately $5,000 per month in revenue as of April 2021, up from $2,500 per month before Ong's advisory involvement began. The social media marketing agency, also a 20% equity holding, operates a five-person call center setting approximately 1,000 appointments per month and was generating $30,000 to $50,000 per month in typical sales, with a peak of $70,000 in a single month. Ong stated the agency was not consistently profitable and that he had not personally received dividends from it, though the tuition business had paid dividends to its investors.
Ong's stated strategy is to use his 1,400-student coaching network as a pipeline for selling small equity stakes in portfolio companies to investors, as demonstrated by the tuition business seed raise. He described plans to sell down his 20% stakes to approximately 10% over time, retaining dividend rights while recycling capital into additional acquisitions. Profitability of Alaric Ong Global itself was not directly discussed in the interview.
Point-in-time figures shared on the GetLatka podcast, each linked to the exact moment it was said on camera.
Customers (2021)
1400
“Alaric Ong: So for me, I've got a network of like I've got 1,400 clients from my coaching business.”
WatchAlaric Ong Global Employees & Team Size
Headcount for Alaric Ong Global itself was not discussed in the April 2021 interview. The social media marketing agency in which Ong holds a 20% equity stake operates a call center with five employees, who collectively set approximately 1,000 appointments per month.
Frequently Asked Questions about Alaric Ong Global
What is Alaric Ong Global's revenue?
As of 2023, Alaric Ong Global generated an estimated $15M in annual revenue.
Who founded Alaric Ong Global?
Alaric Ong Global was founded by Alaric Ong.
When was Alaric Ong Global founded?
Alaric Ong Global was founded in 2020.
Who is the CEO of Alaric Ong Global?
The CEO of Alaric Ong Global is Alaric Ong.
Where is Alaric Ong Global headquartered?
Alaric Ong Global is headquartered in Singapore, Singapore.
Compare Alaric Ong Global to the industry
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Full Interview Transcripts
Read the full interview and its transcript.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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