5 • 867 Ratings
🗓️ 20 March 2024
⏱️ 39 minutes
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“Most of people in society have a really poor relationship with work (…) They don't get a lot of positive reinforcement at work. Therefore, they want to work less.” Today, join Leila (@LeilaHormozi) as she guests on an interview with The Karat Podcast to share her journey of overcoming challenges and leveraging fear to transition from a secure job, establishing Gym Launch, to where she is today. She provides insights on the role of fear as a catalyst for change, the importance of continuous self-challenge, and the complexities of managing a portfolio of companies. 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.
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➤ Check out full episode on YouTube!
Timestamps:
(1:51) - The rollercoaster of startup life
(3:54) - A new business model emerges
(9:09) - Scaling up: the fear of success
(17:08) - The power of reinforcement in business
(20:00) - Creating a rewarding environment: the key to success
(21:05) - The reality of hustle culture: pain and reward
(22:36) - The journey to becoming a CEO: overcoming fears
(26:44) - The art of decision making in business
(30:22) - The balance between business and marriage
(36:46) - Reflections on personal growth and success
Follow Leila Hormozi’s Socials:
LinkedIn | Instagram | YouTube | Twitter | Acquisition
Click on a timestamp to play from that location
0:00.0 | If you're able to do something well, I think you keep doing it until the opposite happens. |
0:05.4 | Like, we do things that we are reinforced to do and that have more reward than punishment for the |
0:10.1 | most part. |
0:10.5 | Business has had plenty of punishing events, but so many more reinforcing events in between |
0:15.4 | that it's just like, I can't imagine not doing it because I enjoy it so much. |
0:24.4 | How do you create an unshakable business? |
0:26.9 | I cross $100 million in net worth by the age of 28. |
0:30.0 | Now I'm growing acquisition.com into a billion dollar portfolio. |
0:33.1 | In this podcast, I share the lessons I've learned in scaling big businesses |
0:36.2 | and helping our portfolio companies do the same. |
0:38.9 | Buckle up and let's build. |
0:45.3 | I always want to do something of my own and I told myself a story that I wasn't cut out to do it |
0:50.8 | because I saw so many people in social media presenting this image of |
0:54.4 | unbreakable, powerful. I move through. And I was like, I'm scared all the fucking time. |
1:01.0 | Like, oh my God, if I don't make money, like even though it rationally doesn't make sense, |
1:04.9 | even though rationally, if I quit my job at Instagram or McKinsey or Blackson, I can get |
1:08.8 | another job next day, there's that weird primitive lizard part of my brain that's like, oh, yeah. And so I would be like, no, the fact |
1:15.0 | that I feel this fear means I'm not cut out to be an entrepreneur. And I've since learned |
1:20.3 | after having quit my job, then a f*** in a therapy, I've been fired as well. It's to your point. |
1:26.2 | Actually, the people who achieve the most are the ones who are the most afraid |
1:29.8 | because they put themselves in a situation that are the scariest and they sit with it |
1:34.8 | and they move forward anyways. |
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