The Reality Behind Building a Billion Dollar Business (on The Matt Gray Show) | Ep 131
Build with Leila Hormozi
Leila Hormozi
4.9 • 1.1K Ratings
🗓️ 10 April 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
Get the unfiltered memos I send my team as we scale Acquisition.com to $1B+: Leila's Letters
Transcript
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| 0:00.0 | I don't think ethically I could make business content without talking about how hard it still is |
| 0:04.0 | for me. I think it's a fallacy. I also think that that's not good for people to think that |
| 0:08.0 | they're going to get to some point where business is easy. It's just not true. And I would feel really |
| 0:12.9 | badly if people watch my content and thought that was what was going to happen. |
| 0:23.9 | How do you create an unshakable business? |
| 0:27.0 | I cross $100 million in net worth by the age of 28. |
| 0:30.1 | Now I'm growing acquisition.com into a billion dollar portfolio. |
| 0:34.2 | In this podcast, I share the lessons I've learned in scaling big businesses and helping our portfolio companies do the same. |
| 0:36.3 | Buckle up and let's build. |
| 0:42.6 | You have a goal of getting from $100 million net worth to a billion. You're documenting |
| 0:46.8 | the journey. Now, how do you feel like you're doing right now? Like, are you on track to that |
| 0:50.6 | goal? And what's kind of the current bottleneck in your universe? Yeah, it's an interesting question. |
| 0:56.8 | I tend to have long time horizons. |
| 1:00.2 | So in the projections that I laid out for Acquisition.com, you know, it's funny. |
| 1:06.1 | A lot of people were like, if you guys aren't at a billion in two, three years, what are you doing? |
| 1:10.9 | You know? |
| 1:11.7 | And I was like, I think a lot of people make the mistake of thinking that because you've |
| 1:17.9 | succeeded in the past, it's going to be easier this time. |
| 1:20.8 | And I think it's easier in that you know what to expect, but I think it's harder in the way |
| 1:25.6 | that you expect it to be easier. |
| 1:27.3 | And I really prepared myself for like building businesses is a key strength of ours. |
| 1:34.1 | But we are not investors. |
... |
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