5 • 867 Ratings
🗓️ 5 June 2024
⏱️ 18 minutes
🧾️ Download transcript
“We can't control everything in our circumstances (…) but we can control how we react to it.” Today, Leila (@LeilaHormozi) discusses the crucial role of embracing change in business growth, sharing insights from escalating Gym Launch to a $40 million company. She emphasizes the importance of leadership in managing change effectively, fostering innovation and steering teams towards 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:
(1:13) - Leadership and change management
(2:00) - Gym Launch's pivot to overcome market shifts
(6:18) - The psychological aspects of change
(8:57) - Strategies for managing change and overcoming resistance
(15:40) - The power of acceptance in driving forward
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0:00.0 | the more time that we spend resisting, the less time we spend solving. And so every moment that |
0:05.3 | you resist change, you steal that moment from yourself, you steal that energy from yourself |
0:09.9 | to give yourself that energy to solve the situation. |
0:18.8 | How do you create an unshakable business? |
0:21.4 | I cross $100 million in net worth by the age of 28. |
0:24.4 | Now I'm growing Acquisition.com into a billion dollar portfolio. |
0:27.6 | In this podcast, I share the lessons I've learned in scaling big businesses |
0:30.6 | and helping our portfolio companies do the same. |
0:33.3 | Buckle up and let's build. |
0:39.7 | What is change? |
0:41.0 | Change is to make something different. |
0:43.4 | Okay, so change is neutral. |
0:45.3 | People label it as good or bad. |
0:47.0 | But in general, change is just making something different. |
0:50.4 | The only constant that we have in business and in life is change. |
0:55.1 | Everything's going to change. |
1:02.5 | Technology, people, services, customers, marketplaces, organizational structure. So like all of these things absolutely will change in your business. And we have to be prepared for when these things change, |
1:08.0 | whether we want them to or not. how do we react to that situation? |
1:12.8 | A leader's job is to integrate change into the work that your people produce. |
1:18.1 | So your job is not to protect people from change. |
1:21.0 | Your job is to make it easier for your team to change. |
1:24.1 | Make it easier than it is hard for your team to change. |
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