5 • 867 Ratings
🗓️ 21 November 2023
⏱️ 40 minutes
🧾️ Download transcript
“ I just engineered my whole environment to make it easier to achieve my goals and harder to fall off track.” Today, Leila (@LeilaHormozi) shares her inspiring journey from starting with a minimum-wage job to achieving a remarkable net worth of $100 million by the age of 29. She discusses her transformation, successful business ventures, overcoming challenges, and the launch of a new venture, Acquisition.com, focused on fostering growth through partnerships with other companies.
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.
Timestamps:
(0:41) - First job experience and lessons learned
(3:27) - Life changes and personal growth
(9:30) - Entering the dating scene and meeting Alex
(14:09) - Gym launch, shift in business model, and unexpected success
(18:37) - The impact of fast growth on team dynamics
(22:59) - Decision to sell the business
(24:51) - Birth and vision for Acquisition.com
(29:19) - Importance of patience in business growth
Follow Leila Hormozi’s Socials:
LinkedIn | Instagram | YouTube | Twitter | Acquisition
Click on a timestamp to play from that location
0:00.0 | I was always scared that was going to make some mistake and lose all of our money. |
0:03.3 | It felt like you go from having no stakes at all and no consequences if you don't do well, |
0:09.3 | to having a huge amount of consequences and stakes if you don't do well. |
0:18.6 | How do you create an unshakable business? |
0:23.8 | I cross $100 million in net worth by the age of 28. |
0:26.9 | Now I'm growing Acquisition.com into a billion dollar portfolio. |
0:30.4 | In this podcast, I share the lessons I've learned in scaling big businesses and helping our portfolio companies do the same. |
0:33.1 | Buckle up and let's build. |
0:40.0 | I reached $100 million net worth by the age of 29. |
0:43.6 | Today, what I want to do is I want to walk you through the whole journey with the goal that |
0:47.5 | you can take the lessons and the mistakes that I made along the way, along with what I |
0:51.5 | learned from those mistakes, and you can apply it to your own life. So hopefully you can reach your goal of 100 million or 50 million or 10 million or one |
0:59.0 | million, even faster than I did with less pain and sufferings. And at the end, what I want to do |
1:04.0 | is break down or explain the goal that I have next, which is getting to a billion, how I plan to do that |
1:09.4 | and what I anticipate I need to do |
1:11.2 | to get there. So everything really began when I was 15 and I was living in Portage, Michigan, |
1:16.1 | and I got my first shop ever as a subway sandwich artist. The day-to-day was not glamorous. |
1:21.9 | Those are the memories I have in subway. It's basically smelling like ham, having stained |
1:26.4 | fingers like banana peppers, and then getting |
1:29.0 | talked to like I was five. The sole purpose of this job was just to have money. Like there was no, |
1:35.1 | the only end goal to this job was purely money. And to get work experience so that I could get a job |
1:40.8 | somewhere else. I think the biggest lesson that I got from that job was |
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