Modern Wisdom

#490 - Alex & Leila Hormozi - Building A $100m Marriage

164 snips
Jun 23, 2022
Alex and Leila Hormozi, co-founders of Acquisition.com and dynamic entrepreneurs, share their unique insights on building a successful life and marriage. They discuss the drive to innovate beyond wealth, emphasizing a purpose-driven approach after reaching financial milestones. The couple reflects on navigating love and business, detailing how they prioritize their partnership while managing ambitions. With candid thoughts on personal outsourcing, childhood influences, and the complexities of entrepreneurship, their story offers inspiration for aspiring business owners.
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ADVICE

Thinking vs. Doing

  • Beginners overthink and undervalue doing, leading to procrastination.
  • Start selling to gain experience instead of seeking the perfect plan.
INSIGHT

The Entrepreneurial Hourglass

  • Entrepreneurial journeys often resemble an hourglass, starting wide with doing, narrowing with intense work, then widening again with strategic thinking.
  • Advanced entrepreneurs must relinquish control to avoid hitting their capacity ceiling.
INSIGHT

Letting Go of Control

  • It's hardest to let go of control in areas of expertise.
  • Relinquishing control in those areas is key to scaling and achieving freedom.
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