10 Brutal Business Truths Pt. 2 | Ep 167
Build with Leila Hormozi
Leila Hormozi
5 • 867 Ratings
🗓️ 2 August 2024
⏱️ 28 minutes
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Summary
Today, continue talking through the most brutal, but life-changing business truths I've learned on my decade-long journey of becoming a $100M CEO.
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.
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Transcript
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| 0:00.0 | Hey everyone, welcome back to Build. You're listening to Part 2 of the 10 brutal business |
| 0:04.8 | truths that I've learned over a decade of being in business. If you haven't yet, checked out the first |
| 0:09.5 | part, definitely listen to that verse. The next business truth is that there is no such thing as |
| 0:15.1 | imposter syndrome. There is inexperience, insecurity, and sucking before you're good. And these are to be expected. |
| 0:23.4 | When I was 24 years old and I was leading a team of 120 people, I was insecure every day. |
| 0:31.2 | And today, I feel insecure not because of what I don't know, but because of knowing how much I don't know. |
| 0:37.3 | The insecurity has not't know. The insecurity |
| 0:37.8 | has not gone away. The fact that I'm not as experienced as somebody that's 20 years old |
| 0:41.9 | and me has not gone away, I just realize that that's part of the process, is that you're going |
| 0:47.1 | to feel that way. And the reality is, if you're constantly growing and you're constantly in new |
| 0:51.4 | situations, then you're constantly going to feel like you're |
| 0:54.6 | not capable of doing the next thing or like, gosh, I don't know if I can do this. Maybe I feel |
| 0:59.3 | imposter center. And so there's a few things that I would say to that, which is one, I felt like an |
| 1:04.9 | imposter the first few times I made content. But after making content a thousand times, I don't feel that way so much anymore. |
| 1:13.3 | I felt like an imposter the first time I started a business and had never done it before. |
| 1:19.0 | But after the fifth time, I didn't feel that way so much. But even to this day, with all the |
| 1:25.9 | experience I have, when I do something I've ever done before, |
| 1:28.7 | the first time I bought a business, I invested in a business, I felt like an imposter, quote, |
| 1:34.3 | right? Because I've never done it before. But I don't use those words because saying I feel like |
| 1:39.2 | an imposter doesn't empower me. Saying that I'm inexperienced and saying that I'm not good enough yet, |
| 1:45.2 | those empower me. Why does those empower me? Because they give me a direction. I'm not experienced, |
| 1:50.5 | meaning I can go gain experience. I'm not good yet, meaning I can go practice to get good. |
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