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Build with Leila Hormozi

5 Habits That Made Me a Millionaire in My 20s | Ep 19

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5867 Ratings

🗓️ 14 March 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

Don't take failure personally. Instead, use that energy to try something new. Today, Leila (@LeilaHormozi) shares with us the five habits you can build today to become a millionaire in your twenties, why she still believes & supports some of these traditional habits, and how some of these are not what you would expect.

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:

(1:00) 1st Habit - Waking up early

(3:36) 2nd Habit - Taking walks or workout breaks

(5:38) 3rd Habit - Pruning your circle

(7:50) 4th Habit - Learning from the mistakes of others

(9:41) 5th Habit - Accumulating character traits that grow skills

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | TwitterAcquisition 

Transcript

Click on a timestamp to play from that location

0:00.0

Let's look at unsuccessful people.

0:01.3

What do they do?

0:02.4

They try something, it fails, and then they dwell on it.

0:06.5

They don't try something new next.

0:08.0

They don't try a different way of doing it.

0:09.6

They dwell, they condemn themselves,

0:11.9

and they dwell on the failure.

0:13.7

And so what I learned to do very early on

0:16.2

is not take failure personally.

0:19.7

How do you create an unshakable business?

0:21.9

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

0:25.1

Now I'm growing Acquisition.com into a billion dollar portfolio.

0:28.2

In this podcast, I share the lessons I've learned in scaling big businesses and helping

0:31.8

our portfolio companies do the same.

0:33.9

Buckle up and let's build.

0:37.8

Today, what I want to share with you are the five habits that you can build today to become a millionaire in your 20s.

0:43.4

So I want to acknowledge some of these are super traditional and I want to explain why I still believe in them and support them anyways.

0:49.5

And some of these are not what you would expect.

0:51.5

Regardless, all of these are actually habits that I accumulated in my 20s because I actually became a millionaire by the age of 24 and I have a net worth of over

0:58.7

100 million by the age of 30. The first habit that you can deploy to become a millionaire early

1:03.7

in life is waking up early. Okay, listen, I know a lot of people say this, but I want to say

1:09.7

I learned through experience.

...

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