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Build with Leila Hormozi

3 Reasons Why Your Business Isn't Growing | Ep 24

Build with Leila Hormozi

Leila Hormozi

Business, Management, Education, How To, Entrepreneurship

4.91.1K Ratings

🗓️ 30 March 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

Get the unfiltered memos I send my team as we scale Acquisition.com to $1B+: Leila's Letters

Transcript

Click on a timestamp to play from that location

0:00.0

We think that someone is not motivated because they're not doing their jobs.

0:02.5

We're like, oh, they just lack motivation.

0:04.0

Like, they're just not right for this team.

0:06.0

The reality is, is that most people aren't motivated because you haven't created an environment

0:10.7

or the conditions to allow someone to express their motivation.

0:16.3

How do you create an unshakable business?

0:18.5

I cross $100 million in net worth by the age of 28.

0:21.6

Now I'm growing Acquisition.com into a billion dollar portfolio. In this podcast, I share the

0:26.0

lessons I've learned in scaling big businesses and helping our portfolio companies do the same.

0:30.5

Buckle up and let's build. What I want to share with you today is why you can't scale your business,

0:37.3

specifically online business, but this could apply to literally any business that you're thinking about.

0:41.2

I just happen to have three that I have built myself that are online businesses,

0:45.2

and that is why it's relevant to me.

0:46.9

And so the reason I want to share this with you is because I think that this is probably the most painful thing as an entrepreneur,

0:52.1

because I think most of us got into this because we want growth,

0:54.7

we want progress. And as long as we're making progress, we feel like we're going in the right direction.

0:58.1

But when we're not, it feels like crap. And what I've seen a lot of the time is that when people are

1:02.9

talking about why they can't scale their businesses, and I say this after coaching thousands of people

1:06.9

and also calling myself on my bullshit many times, is that it's never the thing you think it is,

1:12.2

right? We tend to point to the things that are comfortable for us to talk about, right? And so for a lot

1:16.8

of entrepreneurs, that might be the product, the market, the acquisition, right? But we don't want to

1:21.8

point to the things that we're not good at or don't understand, which is people, right? And so that's

...

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