The Power of Accountability (GymCon Day 2) - Pt. 1 | Ep 59

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5 • 867 Ratings

🗓️ 1 August 2023

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

"If you're trying to build a place where people actually want to come to work, it is keeping expectations clear.” Today, join Leila as she guest speaks during Day 2 of GymCon to talk about the importance of setting clear expectations and core values in growing a successful business. She also discusses the role of accountability in ensuring team members adhere to these expectations and values. This is part 1 of the talk.

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:

(2:14) - Mistake of adding more instead of management principles

(6:21) - Negative impact of a bad manager

(10:10) - Importance of setting clear expectations

(14:07) - Different values guide behavior in business

(21:21) - Symptoms of low accountability: employee complaining, resentment

(28:22) - Common lies preventing accountability & the role of anger

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Transcript

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0:00.0	There was a time when I thought this was a job for a trainer, for a coach, for a general
0:04.3	manager or a manager.
0:05.8	But I realized that is not the case.
0:08.6	In fact, it is the number one job of the CEO and of the founder because what you do is
0:14.2	you don't delegate accountability.
0:24.4	How do you create an unshakable business? I cross $100 million in net worth by the age of 28.
0:27.8	Now I'm growing Acquisition.com into a billion dollar portfolio.
0:30.9	In this podcast, I share the lessons I've learned in scaling big businesses and helping our portfolio companies do the same.
0:36.7	Buckle up and let's build.
0:41.8	Are you guys ready to rock? Yeah, let's fucking talk about some people shit.
0:48.5	Kidding. Except not. So amazing. I understand not everybody here is a gym owner. So I am,
0:56.9	what's up, Ryan? See, not everyone here's a gym owner. Perfect. So I'm going to be speaking in
1:02.5	terms of your business because I know some of you are online coaches, many of you are
1:07.2	gym owners, but some of you are online. And honestly, the one thing that I learned from running gym launch is that if you can make a gym work,
1:15.6	you can fucking make any business work.
1:17.6	Like the same stuff that we teach you guys at gym launch.
1:21.1	And when you're a gym lord is the same stuff that I use to build gym launch, to build
1:26.1	Allen, to build prestige labs, to build acquisition.com.
1:29.6	Same stuff. Different level, different opportunity. So you guys should take everything you get here
1:34.4	from this event and remember that because I swear to God that there's no secret to unlock the
1:38.7	next thing. It's the same stuff done more times with more efficiency. So that being said, what I want to do today is talk about
1:47.1	how to get other people to do stuff like make you money. Okay. So these are the principles,
	...

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