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Build with Leila Hormozi

Molding Success from Hardship Pt.1 (with The Mulligan Brothers) | Ep 119

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5867 Ratings

🗓️ 28 February 2024

⏱️ 51 minutes

🧾️ Download transcript

Summary

“I felt like that environment is not one that is conducive to the future that I want.” Today, join Leila (@LeilaHormozi) as she guests on an interview with The Mulligan Brothers and reflects on her tough upbringing marked by parental discord, her mother's descent into alcoholism, and her subsequent transformation through sheer resilience. She navigates her journey through adolescence, her battles with weight issues, drug addiction, and her multiple arrests, drawing on key lessons she internalized from these experiences. She recalls the role that her father's unwavering support played during her formative years and how she followed his practical, hardworking example to succeed in building her own multi-million dollar businesses. This is part 1 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.

Follow The Mulligan Brothers on:

Instagram | Spotify | Apple | Twitter | Facebook

➤ Check out full episode on YouTube!

Timestamps:

(2:02) - The impact of parental divorce and substance abuse

(8:07) - The decision to leave home

(13:28) - Overcoming personal tragedy

(20:49) - The power of acceptance and forward focus

(24:13) - Thriving in chaos: the power of adversity

(31:19) - The weight loss journey: a turning point

(40:12) - The sixth arrest: a wake-up call

(45:00) - The role of Leila’s father: an anchor in life

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | TwitterAcquisition 

Transcript

Click on a timestamp to play from that location

0:00.0

no matter how angry somebody is, no matter how sad they are, no matter how to depress, I won't

0:04.2

waver, and therefore they can rely on me because how they feel isn't going to change how I show up.

0:11.3

And I think that was like the best gift he could have given me, because to this day he does that.

0:20.2

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

0:25.8

Now I'm growing acquisition.com into a billion dollar portfolio. In this podcast, I share the lessons I've

0:30.7

learned in scaling big businesses and helping our portfolio companies do the same.

0:34.7

Buckle up and let's build.

0:48.3

I'd love to start where you grew up, and especially for a British audience, like, how would you describe where you grew up? Like, I, you know, I didn't even know what Vegas was like until I was like 20 years old.

0:52.3

I didn't know what it would look like. So yeah, what was your childhood like?

0:54.8

Where did you grow up?

0:55.9

So I grew up in Portage, Michigan,

0:58.8

which is like a small Midwestern town.

1:01.5

Midwest, different from the West Coast,

1:04.1

in terms of like people are very friendly.

1:07.4

You all know all your neighbors.

1:09.8

Typically, if you grow up there, you end up staying there, getting a job there, starting a family there. Not as many people, I think, are venturing out and leaving and going to the coasts. And it's definitely a different kind of mentality. It's slow. It's much slower than where I live now. And so everything is

1:29.7

slower paced, more family focused, obviously also safer, less to do. And, you know,

1:39.9

it's funny is that I just remember my entire life when I lived there, always thinking I can't wait to leave. Because it's funny is that I just remember my entire life when I lived there, always thinking, I can't wait

1:46.3

to leave because it felt too slow for me. And out of all the amazing places that you could live

1:54.6

in the country, not even just that, but the world, I was like, why here? And I think I felt that

2:00.4

for a very long time, which is why I did

2:01.7

end up leaving. The thing that gets me, like, with your story, and this is what I'd like to try

...

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