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Build with Leila Hormozi

Dismantling Broken Money Beliefs | Ep 239

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5867 Ratings

🗓️ 10 February 2025

⏱️ 19 minutes

🧾️ Download transcript

Summary

Want to scale your business? Click here.

In this episode, Leila talks about money beliefs that she sees often amongst women and business owners and provides a framework for how to overcome them.

Welcome to Build where we talk about the lessons I have learned in scaling multiple $100M businesses, building world-class teams, and helping our portfolio companies do the same. This is the place where you will learn to build and scale the business and team of your dreams. 

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Transcript

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0:00.0

You don't need permission to want to make more money. You don't need permission to talk about money.

0:04.2

You don't need permission to want to be rich. You don't need permission to go all in on something.

0:08.8

You don't need permission to be successful. If you're waiting for somebody to give you permission,

0:13.0

if you're waiting for somebody to cheer you on, you are going to be waiting a long fucking time

0:17.6

because everybody is focused on themselves. They're not focused on you.

0:26.5

What's up guys? Welcome back to build. And today I want to talk about something that I do not talk about too often, which is money. Specifically, I want to talk about women and money and why so

0:32.6

many women hesitate to talk about money. So the reason I wanted to talk about this is because someone was asking

0:39.2

me about money. And the reality is that if you listen to my podcast, aside from seeing some of my

0:46.3

like YouTube headlines, uh, which make me cringe, I don't really like super talk about money.

0:51.5

If I do, it's like, okay, I'm trying to make myself credible. Yeah, yeah. I made money selling my businesses, blah, blah, blah. I don't like having to do that,

0:57.2

but also like not Kim Kardashian. People don't know who I am to that degree yet. So I say things

1:02.4

to build credibility so people understand why they can listen to me or trust what I'm saying.

1:06.4

And often that measure is money. But if we rewind 12 years ago, I did not like talking about money.

1:13.9

In fact, I didn't think about money. And so much so that I actually think it was not very well

1:19.7

balanced. So 12 years ago, I was focused on helping people. I was focused on adding value.

1:24.2

And I would literally do anything to help my clients succeed. But when I say

1:29.2

anything, I mean like it was too much. I was undercharging. I was overworking and I was overcommitting

1:35.0

for what people were paying me. And so it was actually an inequitable exchange. Like we were out of

1:40.6

exchange with one another because they were paying me so little and I was just giving

1:44.4

them so much. And so when I got into business with my partner Alex, that was when I really realized

1:50.4

like, you know, because he was very focused on money. But I was like, well, I can take, you know,

1:54.9

50% or 40% of his focus on money and combine it with my focus on helping people. And I feel

...

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