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Build with Leila Hormozi

How I Cured Procrastination | Ep 28

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5867 Ratings

🗓️ 13 April 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

“You see something that you aspire to, you try." Today, Leila (@LeilaHormozi) shares her experience of feeling burnt out and wanting to end her successful business. She explains how she transitioned from productively procrastinating to productively failing by taking risks and making big decisions to continue growing her business.

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:

(0:32) - Burning out despite earning $4.4M a month

(3:08) - Audit time, prioritize opinions, avoid small tasks

(5:13) - Productively procrastinate by avoiding threatening tasks

(7:39) - Avoid trying things that threaten your ego

(8:38) - Shift from procrastinating to failing, audit decisions

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | TwitterAcquisition 

Transcript

Click on a timestamp to play from that location

0:00.0

It wasn't time that was the issue. It wasn't I need more project management tools.

0:03.4

It wasn't that I needed to delegate more. It wasn't any of that, right?

0:06.7

Is that I needed to shift from productively procrastinating to productively failing.

0:13.6

How do you create an unshakable business? I cross $100 million in net worth by the age of 28.

0:19.2

Now I'm growing acquisition.com into a billion

0:21.2

dollar portfolio. In this podcast, I share the lessons I've learned in scaling big businesses

0:25.4

and helping our portfolio companies do the same. Buckle up and let's build. What I want to share

0:32.8

with you today is why when our business was doing $4.4 million a month, I looked at my husband and told him I wanted

0:38.3

to end it. And the one tweak that I made to how I worked and how I lived that helped me not need to

0:45.8

end something that was making us a lot of money and instead be able to turn it into something that I enjoyed.

0:51.1

And so if you are doing $100,000 a month, half a million a month,

0:55.1

$2 million a month, $3 million a month, whatever, if you feel like you want to quit right now,

0:58.9

I felt that way too. And this is what helped me get past it. So back in 2019, I was feeling

1:05.7

extremely burnt out. And I was not happy with what I was doing, but there was this illusion of perfection, right?

1:11.5

So it was like, everybody from the outside

1:12.8

was like, you guys are killing it,

1:14.2

you're winning all these awards,

1:15.5

you guys are donating to charities,

1:16.8

like you're doing all these things, right?

1:18.0

You're the perfect couple, you're fit, all this stuff.

1:20.1

And I felt like shit on the inside,

1:21.5

which is the crazy part.

...

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