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Build with Leila Hormozi

5 Leadership Skills That Will Make You Wealthy | Ep 217

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5867 Ratings

🗓️ 11 December 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

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.

Want to scale your business? Click here.

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Transcript

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0:00.0

The difference between staying broke and building real wealth is leadership.

0:04.0

I don't just mean the skill of leading people, but I also mean the skill of leading yourself.

0:09.0

I currently run a portfolio of companies doing over $250 million a year in revenue with over 750

0:14.0

employees in total.

0:15.0

And by the end of this video, you will walk away with the five key skills that will transform

0:20.0

your life and your business to give you real

0:22.2

wealth. So the first skill is disciplining yourself. Disciplining yourself means having control over

0:28.5

your actions. So when a thought comes into your mind, how do you respond to it? And to what degree

0:33.8

do you have control over that action in a way that makes your life better,

0:37.6

not worse.

0:38.7

Some people have a lot of control over their actions to the degree that you might say that

0:41.7

they seem like they're a robot.

0:43.1

Whereas on the other side, you might have people who have no control over the actions

0:46.4

and you're like, that person's a freaking mess.

0:48.7

Most people are somewhere in the middle.

0:50.3

It's just to what degree do you actually have control over yourself? If you practice personal discipline,

0:55.5

it can actually increase your work productivity and your work performance by anywhere between 20 to

1:01.1

30%. If you work for an hour and then you make $100, instead of making $100, you can make $130

1:07.1

because of your productivity increase. And so though a lot of what I'm going to talk about is how you discipline yourself around

1:13.0

work, what you have to understand is that most of the time the things that you do around

1:16.7

work actually affect work the most.

1:18.4

The reason why this is difficult for people is because a lot of people step into a leadership

...

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