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Build with Leila Hormozi

Mastering the Skill of Recognizing Talent | Ep 164

Build with Leila Hormozi

Leila Hormozi

Education, How To, Business, Management, Entrepreneurship

4.91.1K Ratings

🗓️ 24 July 2024

⏱️ 26 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

These people are all around you.

0:02.6

But unless you possess the skill of knowing how to spot these people, you will not find

0:08.0

them and you will certainly not keep them.

0:10.1

If you are not the leader that can help them get there, you can't spot them, you cannot invest

0:13.6

in them, then you're going to lose those people.

0:20.1

How do you create an unshakable business?

0:22.5

I cross $100 million in net worth by the age of 28.

0:25.7

Now I'm growing Acquisition.com into a billion dollar portfolio.

0:28.9

In this podcast, I share the lessons I've learned in scaling big businesses and helping our portfolio companies do the same.

0:34.6

Buckle up and let's build.

0:42.8

Today. companies do the same. Buckle up and let's build. Today, what I want to share with you is the one skill that is the unlock to growing and scaling your company that most people don't ever do.

0:48.3

How to recognize leaders with high potential. The reason this is so important is because the

0:53.7

potential of our business

0:55.7

rests in the strength of our people. Okay, so having the right people is by far the most important

1:00.8

thing that we can have in business. Therefore, being able to spot the right people is arguably

1:05.3

the number one skill that you want to have. So I know what you're thinking, which is like, wait,

1:09.9

being able to pick the right people is more important than strategy, marketing, sales, cash flow product. Yes. And why is that?

1:16.8

Okay? Because the right people will select the strategy and build it, build the marketing,

1:22.7

manage the cash flow, design the right products. So people picking is actually a more valuable skill than

1:29.6

even being the most talented person on the team. In fact, if you look at the best CEOs, what do

1:34.3

they talk about? They don't talk about how great they are. They talk about their teams and the people

1:39.2

that they're able to select to be on their teams that help them realize their vision. This is why

...

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