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Build with Leila Hormozi

We Were Stuck at $10M Until We Did This... | Ep 58

Build with Leila Hormozi

Leila Hormozi

Management, Entrepreneurship, Education, Business, How To

4.91.1K Ratings

🗓️ 27 July 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

Get the unfiltered memos I send my team as we scale Acquisition.com to $1B+: Leila's Letters

Transcript

Click on a timestamp to play from that location

0:00.0

If you have a reader who truly cares about people,

0:03.7

they will get a lot further than somebody who doesn't care about people but has processes.

0:13.0

How do you create an unshakable business?

0:15.5

I cross $100 million in net worth by the age of 28.

0:18.7

Now I'm growing acquisition.com into a billion dollar portfolio.

0:21.8

In this podcast, I share the lessons I've learned in scaling big businesses and helping

0:25.4

our portfolio companies do the same.

0:27.5

Buckle up and let's build.

0:33.3

What's up?

0:34.1

Today what I want to talk about are the sticking points from zero to one million, one million,

0:39.1

10 million, and 10 million and beyond.

0:41.1

And how to make sure that you actually set up your business from the start and as you

0:44.4

are continuing to grow so that you do not have friction at those points in time and you can

0:48.0

actually scale and make money and be profitable.

0:50.3

And this comes from a conversation I had with one of our Acquisition.com clients the other day.

0:55.5

What actually happened was there are two CEOs in one of the companies, right?

1:00.2

And so I've met with both of them.

1:01.8

I've had a relationship with each of the CEOs.

1:04.1

Something just still didn't feel right in terms of how the company was structured.

1:07.0

And I could just kind of tell that the piece that was missing is that neither person was like a clear operator.

1:12.6

And typically when we're looking at businesses that we invest in, we want somebody who's like a pure executor.

1:18.6

What I mean is like, you tell them what to do and they just go fucking do it.

...

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