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Build with Leila Hormozi

The Right & Wrong Time To Be Patient | Ep 215

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5867 Ratings

🗓️ 6 December 2024

⏱️ 17 minutes

🧾️ Download transcript

Summary

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.

Want to scale your business? Click here.

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Transcript

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0:00.0

What's up guys, welcome back to build. And today, what I want to cover is patience. When is it good to be

0:05.8

patient and when it is actually bad to be patient, especially when it comes to business.

0:11.0

I wanted to make this podcast because I'll be honest, I haven't been making a lot of content in the last few weeks.

0:18.9

I have, I just haven't felt inspired. I have not felt like it.

0:23.4

And I've been super busy in my business, actually, doing business. And I haven't really had

0:29.3

time to like cement the lessons that I'm learning right now because I am learning a ton of

0:33.7

lessons and relearning some that I've already learned. But I haven't really taken the

0:39.3

time to like cement them, write them down. And I've definitely felt a lot of desire not to do it.

0:45.3

And, you know, every moment that I sit down, I'm like, I could make a podcast about this. I decided

0:49.8

to do something else instead. And so, you know, this morning, I found myself really in a place where I was like,

0:56.6

okay, I think I have something that I want to talk about. And I think it's relevant to a lot of people

1:01.4

in business right now. And that is patience. And so what is patients? Okay. This is something that my friend,

1:06.6

Dr. Cashy, defines as finding something to do in the meantime, right? And that's really operationalizing

1:13.3

patients. And the thing is, like for me, I think for the most part, I'm actually very patient. I can

1:19.2

remain incredibly patient when it comes to waiting to get results. A lot of the reason is because I'm

1:24.8

good at keeping myself busy. Right? And I think that one reason

1:27.9

that I like operating a business and owning a business, not doing one or the other, but also being the

1:33.3

CEO, not just the founder, is because if I'm just sitting there watching the business happen,

1:39.2

I just ruminate on it. And so I like to, whether it is the best use of my time or not, be in there

1:45.5

making shit happen. And I do think, of course, founder-led businesses are typically

1:50.0

more successful businesses. But I also think to myself, what would I do if I were not doing

1:55.1

this? I'd probably be sitting there twiddling my thumbs, finding every little nook and cranny

...

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