Embracing the Unexpected: Redefining Success in Business Pt.2 (with The Mulligan Brothers) | Ep 121

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5 • 867 Ratings

🗓️ 6 March 2024

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

“When you blame other people, you steal yourself, you rob yourself of the opportunity to do anything about the situation.” Today, join Leila (@LeilaHormozi) as she guests on an interview with The Mulligan Brothers to discuss her experiences in business, including the success of Gym Launch, acquisition.com and her personal philosophy on owning one's problems. She shares valuable insights into the importance of big vision, developing skills and character, dealing with online hate and the power of flexibility in business operations. This is part 2 of the interview.

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 Mulligan Brothers on:

➤ Instagram | Spotify | Apple | Twitter | Facebook

➤ Check out full episode on YouTube!

Timestamps:

(1:49) - The balance of passion and profit

(6:58) - The journey from insecurity to confidence

(9:00) - The power couple: supporting each other's growth

(12:15) - The turning point and choosing the right path

(16:35) - The birth of Gym Launch

(20:29) - The power of digital advertising

(23:51) - Alex's influence on big thinking

(27:24) - The sale of Gym Launch: emotional rollercoaster

(31:36) - The next chapter: acquisition.com and future plans

(34:49) - Scaling a small business

(40:15) - Dealing with online hate

(45:14) - Balancing flexibility and structure

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | Twitter | Acquisition

Transcript

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0:00.0	I'm happier when I'm in motion, when I'm striving for something, when I'm doing something,
0:04.4	when I'm trying to achieve a goal. You know, I think at the end of the day, it's like living a life
0:09.1	just like being relaxed and not striving for anything and not trying to improve myself
0:13.3	does not make a lot of the hard times worth it.
0:23.1	How do you create an unshakable business?
0:26.1	I cross $100 million in net worth by the age of 28.
0:29.2	Now I'm growing Acquisition.com into a billion dollar portfolio.
0:32.7	In this podcast, I share the lessons I've learned in scaling big businesses and helping our portfolio companies do the same.
0:35.4	Buckle up and let's build. And that brings me on to like a lot of,
0:44.6	obviously you're in the business world. And I think there's a quote that you said about it's not about
0:50.0	the money. The money just allows me to impact more people is that where this comes from then i think
0:55.2	it does come a lot from him i think that i grew up with my father telling me you know nothing is worth
1:03.1	doing things you don't enjoy no amount of money and you know part of me believed him part of me didn't
1:08.0	part of me was like i'll find out for myself.
1:21.3	But no, I didn't actually, in the sense of everything I pursued up until I met Alex was only to learn and to figure out what I really wanted to do and how I could help people. And it wasn't until I met Alex that I feel like it's almost like the bridging of him
1:29.1	and my father having both of their perspectives has given me mine, which was my dad always said,
1:36.2	follow your passion, do what you love, do what you can to help other people. And I would do that
1:40.3	at the sacrifice of myself. And so I think that was where that went wrong, was that I wasn't taking care of myself. I wasn't, you know, giving myself the sacrifice of myself. And so I think that was where that went wrong was that I wasn't
1:45.0	taking care of myself. I wasn't, you know, giving myself the oxygen mask first. And then I met Alex
1:50.6	and he said, why on earth can you not have both? Why can't you do things you love and have passion
1:57.7	over and also make money? And that was such, it sounds so simple,
2:03.2	but it was such a frame shift for me. And I was like, I don't know. I guess I can. He's like,
	...

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