5 • 867 Ratings
🗓️ 8 May 2024
⏱️ 20 minutes
🧾️ Download transcript
“I think that it's a very tedious job to be a leader of people (…) You have to have a really high threshold for boredom and repetition.” Today, join Leila (@LeilaHormozi) as she guests on The Graham Cochrane Show to discuss the challenges of solopreneurship, the complexities of team building, and the balance between autonomy and micromanagement. The conversation explores the intersection of business and personal growth, especially in the context of marital relationships, and imparts a lasting piece of advice about leaving a positive impact.
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.
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Timestamps:
(0:26) - Embracing solopreneurship and its challenges
(2:04) - Navigating the complexities of team building and leadership
(11:04) - The marriage of business and personal growth
(17:09) - The golden rule: leaving a lasting impact
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LinkedIn | Instagram | YouTube | Twitter | Acquisition
Click on a timestamp to play from that location
0:00.0 | Either you're micromanaging people or you give them complete freedom. |
0:03.6 | And either end of that results with usually negatives. |
0:07.4 | Having people that are mismanaged is not a problem. |
0:10.1 | It's really a dichotomy that the leader needs to learn how to manage of how do I not give people complete freedom, but also not overly micromanage people. |
0:18.3 | How do I meet in the middle and manage people in a way |
0:22.3 | that makes doing their job easier, not harder? |
0:30.3 | How do you create an unshakable business? I cross $100 million in net worth by the age of 28. |
0:36.0 | Now I'm growing acquisition.com into a |
0:37.8 | billion dollar portfolio. In this podcast, I share the lessons I've learned in scaling big |
0:41.7 | businesses and helping our portfolio companies do the same. Buckle up and let's build. |
0:51.1 | This is one of the shadow sides of like what I do and even what I teach, right? |
0:55.9 | I'm helping people primarily start a solopreneur type business where they don't need anybody else. |
1:03.2 | And there's enough tools and free and pay to create a six, multi six, even even seven-figure business without a single person on your |
1:12.8 | team, really. You could get away with it. And even those that have somewhat of a team, they might just be |
1:17.4 | like contractors here and there. So I think one of the negatives of that is it's very self-oriented |
1:25.7 | by the nature of it. And for someone like me, I can speak only for myself. |
1:30.0 | I mean, I hear my students talk about this as well, and everyone's personality is different. |
1:33.2 | But I'm introverted by nature, and I'm happy to, like, whittle away at something on my own. |
1:37.8 | And I didn't have any experience running a company with teen. |
1:41.9 | Like, I didn't want to be a business owner. |
1:43.6 | I wanted to be a rock star. |
1:45.0 | And that dream kind of died and became an audio engineer. |
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