Dig the Moat: The Real Work After the Win | Ep 281
Build with Leila Hormozi
Leila Hormozi
4.9 • 1.1K Ratings
🗓️ 28 May 2025
⏱️ 19 minutes
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Summary
Get the unfiltered memos I send my team as we scale Acquisition.com to $1B+: Leila's Letters
Transcript
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| 0:00.0 | You have to at some point the company switch from having all these one-off conversations to broadcasting communication. |
| 0:07.2 | I'm going to say, what do I need to communicate to the broader group? |
| 0:09.9 | What needs to be communicated to my executives, to my leaders, to a certain department, to Alex, whoever it might be. |
| 0:19.6 | What's up? Welcome back to build. And today I want to talk about getting your company from version |
| 0:24.0 | 1.0 to version 2.0. So this podcast is inspired by a newsletter that I just wrote from my company |
| 0:31.1 | because every week, well actually not every other week, every other week, we do a full all hands. |
| 0:36.8 | And then the weeks in between, we do a full all hands, and then the weeks in |
| 0:37.5 | between, we do essentially like a newsletter. And I usually write, like, what's top of mind for me, |
| 0:41.7 | what I'm thinking about. And I got out of a meeting yesterday with my new president and CTO, and we |
| 0:47.7 | were talking about just trends that we're seeing across the company. And I wanted to hear their |
| 0:51.7 | observations because they're actually both new. So I've |
| 0:54.6 | added three new executives in the last month, which has been amazing and awesome. I know sometimes |
| 1:02.9 | they can go the opposite way, but it's been incredible. And we were talking about what we see |
| 1:06.7 | across the company. And our new president essentially sets something to the degree of we need |
| 1:11.8 | acquisition.com 3.0 because we've had version 1.0, we've had version 2.0, but now we're taking |
| 1:17.4 | it to Acquisition.com 3.0. And I said, I love that as like a theme to talk to. And I actually really |
| 1:22.9 | want to write that in the newsletter this week. And so after I was writing it, I was like, man, |
| 1:28.3 | I think a lot more people need to hear this and we need to talk about it more because |
| 1:32.3 | the biggest thing that I realized when I was building my first business is I remember |
| 1:35.9 | reading the stat that said that only 5% of people that are in year one of a company are going to |
| 1:41.8 | make it to year five when it's a fast growth company. |
| 1:49.3 | And I remember reading that stat and being like, what? Holy crap. Like, does anyone know this? |
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