5 • 867 Ratings
🗓️ 17 June 2024
⏱️ 8 minutes
🧾️ Download transcript
“Because at the end of the day, if I know and I'm damn sure that I need to make that change, then I'm not negotiating it.“ Today, Leila (@LeilaHormozi) shares her experiences and strategies in scaling businesses, emphasizing the power of embracing change and innovation for business growth. Listen as she discusses overcoming resistance, leveraging team skills, and how adaptability can lead to significant achievements like selling a company or boosting team resilience.
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:
(0:37) - The power of positive behavior change
(2:39) - Adapting to technological advancements
(3:56) - Navigating business model shifts
(5:20) - Leadership strategies for managing change
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Click on a timestamp to play from that location
0:00.0 | There is so much opportunity in change if you seek it out because a company that can continue to |
0:05.4 | change is an adaptable company. |
0:07.2 | It's a strong company. |
0:08.2 | It's a resilient company. |
0:09.4 | And that is a company that is also sellable. |
0:16.6 | How do you create an unshakable business? |
0:18.8 | I cross $100 million in net worth by the age of 28. |
0:22.2 | Now I'm growing acquisition.com into a billion dollar portfolio. In this podcast, I share the lessons I've |
0:27.1 | learned in scaling big businesses and helping our portfolio companies do the same. |
0:31.1 | Buckle up and let's build. If you're trying to help someone change a behavior, what we want to do is we want to get |
0:41.4 | them to focus on the future behavior that we want rather than focus on the past behavior that |
0:45.9 | we don't want. And so like a hack that I have is oftentimes when I want someone to show up |
0:50.3 | differently towards meetings. What I'll do is I'll just have them make a sticky note and put it on their computer screen with one word. And that one word is a cue for the behavior that we |
0:59.0 | want them to exhibit. So for myself, I actually did this when I was first starting off when I was |
1:03.0 | 23 years old. And every time I got to a call, I felt like I was showing too much emotion for my team, |
1:07.7 | whether it was excitement or like anger or sadness or fear or anxiety or whatever it was. |
1:12.8 | And so I wrote this little sticky on my computer and all it said was be neutral. I didn't want to |
1:18.0 | come off like anything was good or bad or like I was happy or sad, just neutral. And that was |
1:22.9 | probably one of the best things I could have ever done because I think that if anyone were to see me |
1:26.3 | today, the way I show up to calls, most of the time is neutral. And so a lot of the times I think |
1:31.2 | that we think, gosh, change is going to take this huge, powerful event when in reality, it can just |
1:36.8 | take a sticky note. When the change was happening, I was scared every single person was going to quit. |
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