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Build with Leila Hormozi

My Process For Making $100M Decisions | Ep 61

Build with Leila Hormozi

Leila Hormozi

Management, Entrepreneurship, Education, Business, How To

4.91.1K Ratings

🗓️ 8 August 2023

⏱️ 8 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

People like to say that their decisions are logical, but most decisions aren't logical because humans like to follow their emotions.

0:10.5

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

0:16.2

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

0:21.2

in scaling big businesses and helping our portfolio companies do the same. Buckle up and let's build.

0:30.8

What I want to share with you in this is my mental process for how I think, am I making good

0:36.1

decision and how I apply that to business.

0:38.3

This comes from a question that one of my leaders asked.

0:42.3

He said, you know, something to the extent of I want you to keep challenging me and I said,

0:46.1

what do you want? What do you feel most challenged by right now?

0:49.8

And he said decision making. I feel like that's where I'm, I need to get better.

0:53.2

And so I felt called to make this because it's something that I wrote down a lot of thoughts about, share with him.

0:57.1

And I just want to share it with everybody.

0:58.7

So I think that in terms of there's always the question, which is how do I know I'm making the right decision?

1:03.9

And I think that this is what causes so much uncertainty in business and paralyzes a lot of people and stops their businesses from growing is they just don't know if

1:11.4

they're making the right decision or even how to judge if a decision is good.

1:15.2

And so here's the two questions that I use to ask myself.

1:18.4

And it's the same question just one aired negatively, one aired positively.

1:23.4

One is if I make it this decision or one of this nature every day for the rest of my life,

1:29.3

what would my life look like?

1:30.8

That's the first one.

1:32.3

Right?

1:32.6

So if I decided to eat this whole pizza every day for the rest of my life, what my life

...

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