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Build with Leila Hormozi

5 Tips to Have More Effective Team Meetings | Ep 57

Build with Leila Hormozi

Leila Hormozi

Management, Entrepreneurship, Education, Business, How To

4.91.1K Ratings

🗓️ 25 July 2023

⏱️ 11 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

Back in the day, I remember there was a meeting that I hosted, and I didn't understand why.

0:03.5

I was like, why is nobody talking? Why is everybody contributing in this?

0:06.2

We were trying to essentially build a new strategy.

0:09.0

And I was like, why am I the only one talking? I'm so frustrated.

0:18.0

How do you create an unshakable business?

0:20.2

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

0:23.6

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

0:26.8

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

0:29.8

and helping our portfolio companies do the same.

0:32.5

Buckle up and let's build.

0:37.8

What is up?

0:38.6

I'm going to talk about is how to run meetings without wanting to kill yourself.

0:41.7

So I want to make this because I've had a lot of discussions recently with CEOs about meetings

0:47.0

and meeting cadences and should we have meetings, should we not have meetings,

0:51.0

et cetera, et cetera.

0:52.5

And I'll tell you this, is that I know that the average

0:56.4

Americans spends about 65 hours per month in meetings. This is just the average working person.

1:02.5

This isn't even an executive. And so if you look at America as a whole, we spend about

1:06.7

$30 billion a year in payroll on meetings. It's a freaking insane. However, there's a lot of people

1:13.7

that have come to say that meetings are not necessary, that meetings take up too much time,

1:17.5

that meetings are ineffective. Well, I trust Google, and Google did a study on its own business,

1:22.2

and essentially came out with the understanding that meetings in doses are better than not having meetings.

...

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