Leila Hormozi: $100,000,000 Leadership, How to Build High-Performance Teams People Never Want to Leave | Leadership | E203

Young and Profiting with Hala Taha

YAP Media Network | Hala Taha

Marketing, Entrepreneurship, Business

4.8 • 1.5K Ratings

🗓️ 2 January 2023

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Leila Hormozi worked for years at jobs where she never received a single raise or promotion. Because of her integrity and dedication, she learned how to exceed expectations. Now, Leila is a master CEO and widely considered a scaling & operations expert. In part 2 of this episode, Leila will break down her management philosophies and tell us how to attract top-tier employees. She will also explain the components of her accountability formula and why she calls herself a “chief accountability officer.” Leila Hormozi is a first-generation Iranian-American entrepreneur, investor, and philanthropist. Leila started her career in fitness, and today, she is widely known as a scaling, operations, and management expert. She had acquired a net worth of $100M by the time she was 28 years old. Today, Leila is the co-founder of the holding company Acquisition.com, alongside her husband Alex Hormozi. Together, they invest their monetary and intellectual capital into other businesses. Acquisition.com is responsible for over 85 million dollars in yearly revenue across various industries. In Part 2 of this episode, Hala and Leila will discuss: - The qualities of world-class leaders - Creating a top-tier job title to attract the right employees - Leila’s seamless, speedy hiring process - How to “buy people’s brains” - Spotting competitive greatness - Why we should strive to exceed expectations - Why Leila calls herself the “chief accountability officer” - The components of the Accountability Formula - Leila’s possible new podcast - And other topics… Leila Hormozi is a first-generation Iranian-American entrepreneur, investor, and philanthropist. She is known for her expertise in scaling businesses through flexible infrastructures and creating management systems that create wonderful places to work, and performance to match. After the turnaround business experience, they packaged his process into a licensing model which scaled to over 4000+ locations in 4 years. Over that same four-year period, she founded and scaled three other companies to $120M+ in cumulative sales across four different industries (software, service, e-commerce, and brick & mortar) without taking on outside capital. After that, she ascended to a board position in each of her companies, allowing her the time to co-found Acquisition.com which acts as the holding company for all her business ventures, which at present, is responsible for over $85,000,000 in yearly revenue across a variety of industries. Resources Mentioned: Part 1 of Leila's Interview: https://podcasts.apple.com/us/podcast/leila-hormozi-from-six-arrests-to-%24100m-net-worth-how/id1368888880?i=1000591301552 Leila’s Website: https://www.acquisition.com/ Leila’s LinkedIn: https://www.linkedin.com/in/leila-hormozi-32a580a5/ Leila’s Twitter: https://twitter.com/LeilaHormozi Leila’s Instagram: https://www.instagram.com/leilanhormozi/ Leila’s Facebook: https://www.facebook.com/leila.naghshineh More About Young and Profiting Download Transcripts - youngandprofiting.com Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala Learn more about YAP Media Agency Services - yapmedia.io/ Join Hala's LinkedIn Masterclass - yapmedia.io/course Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Well, Layla, these people treat me like shit. They don't give me raises. I'm not recognized. I understand that. I worked my fucking ass off for years in jobs that I never got a raise and I never got a promotion. I did it because that's who I am. How I acted was more important to me for my integrity with myself than it was for the person I was working for. You are defined by the actions you take. And so if you act like a lazy person,
0:27.6	you are a lazy person. Who are you? I show up when nobody else gives a shit. The only way to stand out truly is to exceed expectations. Humans, when expectations match reality, we are neutral.
0:35.8	We feel nothing. We feel that was how it's supposed to go.
0:38.8	But the moment that somebody does beyond the job description and exceeds expectations
0:43.2	is when the boss will feel excited, feel elated, feel encouraged.
0:51.8	What is up Young and Profiters?
0:55.3	You're listening to Yap Young and Profiting podcast
0:58.3	where we interview the brightest minds in the world
1:00.6	and turn their wisdom into actionable advice
1:03.5	that you can use in your daily life.
1:06.1	I'm your host, Halitaha, aka the podcast Princess.
1:10.2	Thanks for listening and get ready to listen, learn, and profit.
1:14.0	Okay, so we spent a big portion of the interview on self-development. Now I really want to focus on business.
1:32.6	So you've got a lot of management philosophies. You are such a rock star in this area. You've led numerous teams.
1:39.2	You've found huge amounts of success. And everyone can technically be a manager, but not everyone is a leader,
1:45.4	even if they are in a management role. So first of all, what do you think the qualities are
1:49.7	of a world-class leader? Three very important qualities, in my opinion. One is industriousness,
1:56.0	their ability to work hard on the right work when the time comes. Second is enthusiasm, which is being able to
2:02.4	seek out and pursue hard challenges without losing face, without losing energy. And then the third
2:08.5	is competitive greatness. Competitive greatness is the love of a hard challenge when the hard challenge
2:13.6	comes. It's not you run away from it, it's that you run towards it because you understand what it
2:17.3	will do for you. Those are the three aspects that when I'm,
	...

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