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Build with Leila Hormozi

Cultivating Competitive Greatness in Your Business (on The Matt Gray Show) | Ep 135

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5867 Ratings

🗓️ 24 April 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

“The reason that they're leaving, it's never because the job is awful. It's because it does not maximize their skill set.” Today, join Leila (@LeilaHormozi) as she guests on The Matt Gray Show to talk about the characteristics of top talent and the importance of aligning roles to maximize their skills. The conversation explores strategies for business growth, emphasizing operational efficiency, talent recruitment, and a focus on customer lifetime value. Leila underlines the role of constructive feedback, effective hiring decisions, and the power of curiosity in leadership, with a recurring theme of prioritizing personal excellence and growth over financial gain.

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.

Follow The Matt Gray Show on:

Instagram | Spotify | Apple | LinkedIn

➤ Check out full episode on YouTube!

Timestamps:

(0:42) - The essence of leadership and team dynamics

(1:13) - Identifying star performers: traits and values for success

(6:36) - Hiring for excellence: strategies and real-world applications

(12:27) - Leveraging brand strength for talent recruitment and growth

(18:52) - Operational excellence and scaling from millions to billions

(25:11) - Fostering a positive work environment: accountability and feedback

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | TwitterAcquisition 

Transcript

Click on a timestamp to play from that location

0:00.0

I think that the best people don't just recognize their strengths, but also the strengths of

0:04.5

the company they're walking into, the more experienced talent that you find, and usually the better

0:09.0

people, they're able to contextualize their value to the company based on what the company is,

0:14.1

what their skill set is, and like the circumstances.

0:23.7

How do you create an unshakable business?

0:26.8

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

0:29.9

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

0:33.4

In this podcast, I share the lessons I've learned in scaling big businesses and helping our portfolio companies do the same.

0:36.1

Buckle up and let's build.

0:44.7

It's definitely one of those things where I think, yeah,

0:45.8

as you kind of continue to grow,

0:49.1

you realize that the sort of cap or the lid to your success is like your own ability to like lead yourself

0:51.1

and manage your own feelings, manage your mind,

0:53.5

manage your way of kind of

0:55.7

dealing with things because there's going to be bad situations and bad things that come up and

0:59.8

you just can't let it get you down for too long. You've got to kind of bounce back. I know. There's so

1:04.4

many. On your team side of things like, you know, obviously as you've been scaling things out,

1:08.5

you've been building an amazing team around you. you have like 10 people you mentioned that report to you.

1:13.1

What are sort of the key traits that you're looking for

1:15.4

in these people?

1:16.4

And out of like, when you think of maybe a couple

1:17.7

of this kind of star performers on the team,

...

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