Build with Leila Hormozi – Details, episodes & analysis

In this podcast episode, Leila dives into a Q&A session with business owners at a recent scaling workshop.

Want to scale your business? Apply for one of our scaling workshops here: https://www.acquisition.com/podl

02:22 Aligning Business with Personal Values

06:46 Scaling a PR Agency

10:59 Government vs. Enterprise in Cybersecurity

14:11 Improving Webinar Conversions

17:56 Consulting for Dentists

21:32 Merger and Acquisition Dilemma

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | Twitter | Acquisition 

On today's episode we want to share with you a recent episode where Leila was interviewed by Evelyn from Grow with Evelyn.

Want to scale your business? Apply for one of our scaling workshops here: https://www.acquisition.com/podl

02:03 Business as a Vehicle for Personal Growth

03:14 Balancing Work and Family

05:24 Using Comparison as Fuel for Growth

09:47 Cultivating a Vision for the Future

17:20 The Power of Writing Things Down

25:20 The Importance of Setting Boundaries

33:52 Understanding and Changing Behavior

45:24 Learning from Past Mistakes

46:03 Operational Management Changes

46:50 Full-Time vs. Hourly Experts

47:45 Incentive Structures and Avoiding Entitlement

48:14 Current Business Model and Issues

52:34 Leadership and Management Skills

01:02:06 Feedback Systems and Training

01:05:17 Sustainable Growth Systems

01:12:27 The Desire to Share Knowledge

01:18:01 Money and Helping People

01:23:02 Mindset and Taking Action

01:27:25 Being an Anchor and a Mirror

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Follow Leila Hormozi’s Socials:

⁠LinkedIn⁠ | ⁠Instagram⁠ | ⁠YouTube⁠ | ⁠Twitter⁠ | ⁠Acquisition⁠ 

Today, I talk through one thing that has been an absolute superpower for me and that will be for you as you pursue your goals...consistency.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Follow Leila Hormozi’s Socials:

⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter⁠⁠⁠⁠ | ⁠⁠⁠⁠Acquisition⁠⁠⁠⁠ 

"Work doesn't stress me out like it did years ago.” Today, Leila (@LeilaHormozi) shares her daily routine and work schedule, highlighting the importance of building relationships and prioritizing tasks. She discusses her morning routine, meetings with team members, gym sessions, and time spent on various projects throughout the day.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Timestamps:

(2:44) - Negative work experiences shape perception.

(4:06) - Self-discovery and reinforcement lead to enjoyment.

(7:50) - Building work capacity, viewing work as a muscle.

(10:20) - Varied workdays, flexible schedule.

(14:56) - CEO's role in relationships, daily schedule.

(17:49) - Work doesn't stress anymore, flexible work hours.

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | Twitter | Acquisition 

"We wish for strength, but we don't wish for the conditions in which strength builds.” Today, join Leila (@LeilaHormozi) as she guests on the Women of Impact with Lisa Bilyeu to share her journey from being overweight, arrested multiple times, and struggling with drugs and alcohol to becoming a successful entrepreneur with a net worth of over $100 million. She also discusses the importance of taking consistent actions and ditching negative habits in order to achieve success, her perspective on consistency, and how it played a role in her own transformation. This is part 1 of the interview.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Follow Lisa Bilyeu on:

➤ Instagram | Spotify | Apple | LinkedIn | Twitter | Radical Confidence | Impact Theory

➤ Check out full episode on YouTube!

Timestamps:

(4:05) - Change your identity, change your life.

(9:14) - Fear of the future drives change.

(14:25) - Take action despite fear.

(22:26) - Change your environment, change yourself.

(27:49) - Building confidence through commitment & self-trust.

(37:49) - Love isn't enough for a great relationship.

(47:08) - Take ownership of your growth.

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | Twitter | Acquisition 

"It's much more useful to focus on traits rather than what you do because it's much more about who you are, not what you do." Today, Leila (@LeilaHormozi) discusses the successful traits of a CEO and emphasizes the importance of character over skills. She draws examples from iconic CEOs like Steve Jobs and Howard Schultz and provides an exercise to help CEOs acquire the necessary skills and traits to become successful leaders.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Timestamps:

(3:38) - Lack of clarity in CEO role.

(6:13) - Successful CEO strategies.

(17:33) - The two cornerstones of success.

(22:25) - Friendship, camaraderie, loyalty, and cooperation.

(32:10) - Encouraging innovation through failure.

(42:19) - Becoming the best version.

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | Twitter | Acquisition 

"People hold a lot of irrational beliefs in business and they think that it's that they lack the skill, but it's actually that they lack the belief." Today, Leila (@LeilaHormozi) shares how her own irrational belief about being a bad boss led to self-sabotage in her company, costing them nearly 30 million. She discusses the importance of identifying and disputing irrational beliefs to overcome self-sabotage and achieve success in business.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Timestamps:

(2:15) - Delayed action due to fear of recognizing incompetent team.

(3:10) - Identify and challenge roots of self-sabotage from irrational belief.

(5:58) - Analyze consequences of irrational beliefs and their negative impacts.

(8:58) - Challenge irrational beliefs to avoid negative consequences.

(10:25) - Emphasize significance of disputing irrational beliefs and daily practice.

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | Twitter | Acquisition 

“The reality is in order to make the business a good functioning big business, we just can't keep the same habits.” Today, Leila (@LeilaHormozi) explores the top five mistakes businesses make when hiring employees, including hiring from the same pool of people and ignoring red flags during the interview process. She also emphasizes the importance of diversity of thinking and hiring for practical experience rather than just potential.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Timestamps:

(3:36) - 1st Mistake: Letting likeness blind you

(4:50) - 2nd Mistake: Hiring coaches, not player-coaches

(7:37) - 3rd Mistake: Ignoring red flags

(9:11) - 4th Mistake: Hiring from the same little incestuous pool of people

(13:22) - 5th Mistake: Hiring for potential, not for practical experience

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | Twitter | Acquisition 

“The fewer options you have proven out to them, the less likely they're going to want to buy your business." Today, Leila (@LeilaHormozi) shares her experience of selling three businesses and the lessons she learned along the way. She emphasizes the importance of financial performance, growth potential, revenue concentration, cash flow, recurring revenue, unique value proposition, and team strength in creating a sellable enterprise.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Timestamps:

(2:33) - #1: Revenue and margin's importance

(3:22) - #2: Not selling during business decline

(4:00) - #3: Sell when business is thriving

(5:14) - #4: Diversify revenue for reduced risk

(7:42) - #5: Recurring revenue indicates long-term potential

(9:36) - #6: Differentiation through product, price, or promotion

(10:32) - #7: Create a business that stands on its own

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | Twitter | Acquisition 

"I just look at it now as trading problems rather than trying to find a perfect solution.” Today, Leila (@LeilaHormozi) shares insights on how to make better decisions and avoid making stupid mistakes when growing a business. She discusses the importance of taking action, reflecting, and having a decision-making framework while also highlighting the common reasons why people struggle to make good decisions.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Timestamps:

(6:20) - Avoid net zero decisions for success.

(10:31) - Take action and reflect.

(14:42) - Trading problems, not finding solutions.

(21:14) - Avoid dumb decisions, ask the right questions.

(25:50) - Challenge assumptions for creative solutions.

(34:05) - Assess risks and probabilities effectively.

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | Twitter | Acquisition