Build with Leila Hormozi

If I Were to Start a Company in 2024, Here’s What I Would Do (Full 0-$100M Guide) | Ep 106

01.16.2024 - By Leila HormoziPlay

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“I think zero to a million is the hardest because it's the area in which you incur the most cost of change.” Today, Leila (@LeilaHormozi) shares her experience in scaling big businesses and briefly explains the four primary stages of growing a business from zero to $100 million. She discusses the importance of finding a product-market fit, understanding your customer deeply, developing the right skill set, building a great team, learning to hire well, and considering key aspects while planning to sell a business. Through real-life anecdotes and practical tips, Leila guides emerging entrepreneurs on their challenging journey to 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: (1:31) - The challenges of the initial phase (10:45) - The importance of work capacity (14:50) - The second phase: increasing lifetime value (17:06) - Understanding your customer's needs (21:49) - The third phase: moving from 10 to 50 million (23:57) - Understanding the importance of employee value proposition (27:15) - The fourth phase: the role of innovation and talent (29:38) - Preparing for vertical integration and technological advancements Follow Leila Hormozi’s Socials: LinkedIn | Instagram | YouTube | Twitter | Acquisition 

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