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Build with Leila Hormozi

From $200k to $30M: The Power of Opportunity Cost | Ep 55

Build with Leila Hormozi

Leila Hormozi

Business, Management, Education, How To, Entrepreneurship

4.91.1K Ratings

🗓️ 18 July 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

Get the unfiltered memos I send my team as we scale Acquisition.com to $1B+: Leila's Letters

Transcript

Click on a timestamp to play from that location

0:00.0

And so I think that emotions don't necessarily demand act, but facts do, right?

0:04.5

And so it's always just looking at the evidence.

0:06.1

And so I think that's why making a decision based on a framework and numbers is much more helpful than not.

0:16.7

How do you create an unshakable business?

0:19.1

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

0:22.3

Now I'm growing acquisition.com into a billion dollar portfolio. In this podcast, I share the lessons I've learned in scaling big businesses and helping our portfolio companies do the same.

0:31.2

Buckle up and let's build.

0:36.4

So today, what I want to share with you is the decision-making framework that I used that has

0:40.9

paid me between $20 or $30 million every year for the last four years.

0:45.7

And so what that looks like is figuring out if you need to grid it out or quit it.

0:49.8

And so let me take you back to when I made this decision, which was definitely the best

0:53.7

decision I made my entire life which was definitely the best decision

0:54.2

I made my entire life, that has continued to pay dividends, and that was in 2016.

0:59.3

And so bringing you back to that time, I had finally achieved a level of success that many

1:04.9

would deem to be where they would stay, right?

1:07.9

It's not something that you really try to get past.

1:09.7

And what that was and what it looked like for me was being really successful at what I did in stay, right? It's not something that you really try to get past. And what that was and what it looked like for me

1:11.4

was being really successful at what I did in fitness, right?

1:14.3

And so what I'd done is I'd moved out to California

1:16.3

from the small town in Michigan that I've lived in,

1:18.2

and I started my own essentially career in fitness, right?

1:22.2

So I built up in-person clients, online clients.

...

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