5 • 867 Ratings
🗓️ 9 January 2024
⏱️ 43 minutes
🧾️ Download transcript
“One brain cannot grow a hundred million dollar business.” Today, join Leila (@LeilaHormozi) as she guest speaks at the Traffic and Conversions Summit 2022 and shares valuable insights on judging character in the hiring process, building an unshakeable business, and the importance of delegation. With her own experiences scaling businesses to over 100 million in sales, she provides actionable advice on how to scale, nurture employees, and optimize the talent acquisition funnel for business success.
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:
(2:22) The role of talent acquisition in business scaling
(4:33) The challenge of scaling and the role of talent acquisition
(9:14) The value acceleration method (VAM)
(10:06) The talent acquisition funnel
(22:14) The problem with traditional hiring
(23:44) Common misconceptions in hiring
(26:00) The applicant nurture quadrant
(29:42) The interview process: Selling the company and vision
(32:24) The five step sale in interviews
(36:49) The importance of having a script and objective for every interview
(40:14) The fear of hiring smart people
(41:18) The consequences of not implementing processes
Follow Leila Hormozi’s Socials:
LinkedIn | Instagram | YouTube | Twitter | Acquisition
Click on a timestamp to play from that location
0:00.0 | Everyone thinks they're really good at judging character until they have to hire people. |
0:03.3 | Because what you find out if you're like me and you've interviewed literally thousands of people |
0:06.6 | and hired thousands of people in your life is that nobody's that good at judging character. |
0:11.8 | Nobody's going to be a 10 out of time. |
0:18.2 | How do you create an unshakable business? |
0:20.5 | I cross $100 million in net worth by the age of 28. Now I'm growing acquisitions. How do you create an unshakable business? |
0:23.5 | I cross $100 million in net worth by the age of 28. |
0:26.6 | Now I'm growing Acquisition.com into a billion dollar portfolio. |
0:30.1 | In this podcast, I share the lessons I've learned in scaling big businesses and helping our portfolio companies do the same. |
0:32.8 | Buckle up and let's build. |
0:39.2 | So today, what I wanted to talk about was how I scaled to over 100 million in sales |
0:44.1 | using other people's skills. So I think that a lot of the time we come to these events and |
0:49.6 | I've come to a ton of these events and the speeches are phenomenal. But there's one core |
0:53.1 | piece that I want to focus on that I think a lot of people typically miss, which is not having to do everything yourself. |
1:00.1 | And I think that a lot of people, especially like myself, maybe seven years ago, when I would go to a |
1:04.3 | conference, I would take away so much, I would have this notebook full of paper, just all my notes on it, and then I'd be like, oh my gosh, how am I going to do all of this? And so if you feel like that, my goal with this |
1:14.1 | presentation is that you don't feel that way after listening to this today. So what I want to |
1:18.5 | share is really the secret that's been responsible for scaling four of my own businesses and hundreds |
1:23.1 | of others. And so if you don't know who I am, I'm just going to give a quick 60-second resume. |
1:29.6 | Resumay. So since the age of 24, I've taken home about $1.2 million a month on average, |
1:36.3 | and I am now 30. And I say that not to boast, but to give you a reason to listen to me today. |
1:41.7 | Because every time that I am at a speech I'm at a conference, |
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