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Build with Leila Hormozi

From Minimum Wage to $100M | Ep 91

Build with Leila Hormozi

Leila Hormozi

How To, Management, Education, Entrepreneurship, Business

4.91.1K Ratings

🗓️ 21 November 2023

⏱️ 40 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

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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