Leila Hormozi: From Minimum Wage Employee to $100M Net Worth By …
About This Episode
Leila Hormozi discusses her radical personal transformation from a troubled youth with multiple arrests to a business leader with a $100M net worth. She explains her transition from scaling Gym Launch to building Acquisition.com, emphasizing how business selection should align with the person you want to become.
Episode Description
Show Notes
- 0:00Broke, overweight, going no where
- 3:53Wake up calls
- 11:25The Dickens Method
- 13:29Dating Alex Hormozi
- 18:49Starting Gym Launch at 23
- 20:39Repeating $0 - $15M in 12 months
- 23:38Life after selling gym launch
- 25:15"Who you compete with is who you become"
- 34:28$10M workshops
- 35:30Impatience with actions, patience with results
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Key Takeaways
Apply the Dickens Method by vividly imagining the negative trajectory of your current bad habits 5-10 years into the future to create the emotional urgency required for immediate change.
Choose a business 'vehicle' based on the specific skills you want to acquire and the caliber of peers you want to associate with, rather than just industry expertise.
Scaling a business requires identifying whether bottlenecks are technical or emotional, such as a founder's inability to be patient with results or their tendency to be too tolerant of low performance.