How To Give Good Feedback | Ep 20

“People spend all this time trying to fix something that isn't broken”. Today, Leila (@LeilaHormozi) shares with us the difference between a seven-figure and eight or nine-figure CEO. She also emphasizes in order to move from seven to eight or nine figures, one must be selective about the problems they solve and focus on consequential and irreversible decisions.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:(1:18) - Business perfectionism is a common misconception(3:01) - Be selective in problem-solving to reach 8-9 figures(5:57) - Be selective in defining problems(6:35) - Consider if the problem is consequential(7:59) - Test consequential decisions before making them(8:48) - More information leads to less risk in decisionsFollow Leila Hormozi’s Socials:LinkedIn | Instagram | YouTube | Twitter | Acquisition

6 Apr 20239min

Avoiding discomfort creates more discomfort. Today, Leila (@LeilaHormozi) shares the relationship between discomfort and entrepreneurship and how entrepreneurs need to befriend uncomfortable emotions and accept them instead of trying to solve them.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:(1:51) - Entrepreneurs create chaos in business to avoid internal chaos.(4:15) - It's normal to have internal chaos.(6:02) - In order to succeed, 50% of business life will suck.(7:14) - It's okay to feel negative emotions and feel like crap.(7:40) - Ask yourself if you're solving a problem or creating more.(8:53) - Horrible thoughts and feelings are normal & experienced by all.Follow Leila Hormozi’s Socials:LinkedIn | Instagram | YouTube | Twitter | Acquisition

4 Apr 20239min

Avoid these bottlenecks and help scale your business! Today, Leila (@LeilaHormozi) shares with us the three reasons companies struggle to scale: communication, motivation, and training. She also emphasizes the importance of effective communication, aligning incentives with behavior, and selling rather than telling when training employees.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:(2:36) - Entrepreneur’s struggle: communication, motivation, training.(3:37) - Communication: say, write, reinforce messages.(7:43) - Motivation: aligned incentives, right people.(11:23) - Training: sell, create, expose impact.Follow Leila Hormozi’s Socials:LinkedIn | Instagram | YouTube | Twitter | Acquisition

30 Mars 202314min

"If you are involved in everything, you do not have a business." Today, Leila (@LeilaHormozi) shares with us the importance of leaders not overstretching themselves and burning out. She advises listeners to prioritize tasks and not involve themselves in everything, to avoid beating themselves up, and to focus on being proactive in finding solutions instead.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: (1:21) - Avoid burnout by not overstretching yourself(2:42) - Prioritize delegating tasks to others(4:51) - Let small fires burn to avoid breaking(6:40) - Build a business, not yourself into a business(7:39) - Don't indulge in negative emotions & find solutionsFollow Leila Hormozi’s Socials:LinkedIn | Instagram | YouTube | Twitter | Acquisition

28 Mars 20238min

Is it a valid reason, or is it just an excuse? Today, Leila (@LeilaHormozi) talks about why people don't do things she wants or don't get done in the workplace. She explains that pointing to the most convenient excuse is not helpful and challenges viewers to replace unhelpful thoughts with actionable reasons for 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:(3:02) - Use sales skills, not gender, to achieve goals.(5:12) - Don't blame external factors; take responsibility.(6:42) - Avoid unhelpful thoughts that hinder progress.(8:05) - Challenge reasons for failure; think the opposite.Follow Leila Hormozi’s Socials:LinkedIn | Instagram | YouTube | Twitter | Acquisition

23 Mars 20238min

Accountability is critical to progress. Today, Leila (@LeilaHormozi) shares her experience as a CAO and provides insights on effectively holding people accountable in a business. She discusses the importance of tactical and developmental accountability and the mindset needed to be a Chief Accountability Officer.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:(1:19) - CAO protects business, employees, and clients(2:16) - Interchangeable: accountability and responsibility(6:50) - Two types of accountability: tactical and developmental; balance both(12:10) - Overcome self-defeating thoughts for accountabilityFollow Leila Hormozi’s Socials:LinkedIn | Instagram | YouTube | Twitter | Acquisition

21 Mars 202314min

Don't take failure personally. Instead, use that energy to try something new. Today, Leila (@LeilaHormozi) shares with us the five habits you can build today to become a millionaire in your twenties, why she still believes & supports some of these traditional habits, and how some of these are not what you would expect.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:(1:00) 1st Habit - Waking up early(3:36) 2nd Habit - Taking walks or workout breaks(5:38) 3rd Habit - Pruning your circle(7:50) 4th Habit - Learning from the mistakes of others(9:41) 5th Habit - Accumulating character traits that grow skillsFollow Leila Hormozi’s Socials:LinkedIn | Instagram | YouTube | Twitter | Acquisition

14 Mars 202312min