5 • 867 Ratings
🗓️ 5 September 2023
⏱️ 24 minutes
🧾️ Download transcript
“I don't think I've ever once felt like I have it all figured out.” Today, Leila (@LeilaHormozi) answers some questions from her audience during a LinkedIn Live of Ask Me Anything. She discusses her experience founding and selling multiple businesses, as well as her current role at Acquisition.com. She offers advice on building confidence as an entrepreneur, finding the right market for your business, and seeking out mentors.
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:
(1:59) - Boosting confidence for self and clients
(6:37) - Mindset framework for feeling underqualified
(9:48) - Moment of realizing success
(10:42) - Feeling qualified for clients at Gym Launch
(12:50) - Gaining confidence through Acquisition.com
(14:38) - Target mentor for a new entrepreneur
(18:50) - Renting physical location vs. online growth
Follow Leila Hormozi’s Socials:
LinkedIn | Instagram | YouTube | Twitter | Acquisition
Click on a timestamp to play from that location
0:00.0 | How do you create an unshakable business? |
0:07.5 | I cross $100 million in net worth by the age of 28. |
0:10.7 | Now I'm growing acquisition.com into a billion dollar portfolio. |
0:13.8 | In this podcast, I share the lessons I've learned in scaling big businesses |
0:16.9 | and helping our portfolio companies do the same. |
0:19.6 | Buckle up and let's build. For those of you who |
0:26.9 | don't know, I founded and was CEO of a company called Jim Launch, Prestige Labs, and Allen, |
0:33.5 | which was a service company, a supplement company, and then a software company. Co-founded with my husband, we are 50-50 partners on all of those businesses. |
0:40.9 | And then we sold all of those businesses about two and two and a half years ago. |
0:44.7 | And we started at Acquisition.com. |
0:46.7 | Acquisition.com is really a holding company where we take minority stake in businesses, |
0:52.2 | typically like above one million in EBTA. |
0:55.7 | A lot of the times more service-based businesses, whether that be like in-person brick-and-mortar service businesses, |
1:00.6 | like we're really good with brick-and-mortar franchises type thing, also online services, |
1:04.8 | and then we dabble in software and physical products. So to give you guys some context, |
1:09.4 | I have a lot of knowledge in terms of |
1:10.9 | businesses in that range, in those niches, just best practices overall. So I hope to share |
1:16.8 | some of those with you guys today and answer any other questions. Obviously, I also run the |
1:21.2 | business with my spouse. So for any of those of you who do that, I can answer questions there |
1:26.1 | because I know that sometimes is a trying dynamic for people where it's new. And I would say, like, my strengths are |
1:32.6 | probably recruiting, culture, executive leadership. I would say that's probably it. So cool. |
1:39.9 | I'm going to go ahead and not wait any longer and just pull you guys up. So bear with me if I, like, don't figure this out. But I'm going to go ahead and not wait any longer and just pull you guys up. So bear with me if I, like, don't figure this out. |
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