Leila Hormozi: From Minimum Wage Employee to $100M Net Worth By 29 artwork

Leila Hormozi: From Minimum Wage Employee to $100M Net Worth By 29

My First Million

November 15, 2024

Episode 650: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Leila Hormozi ( https://x.com/LeilaHormozi ) about being broke at 22 to making $1,200,000.month by 23.
Speakers: Leila Hormozi, Sam Parr, Shaan Puri
**Leila Hormozi** (0:00)
What I really thought about was, when does it end? You know, like, at eight arrests, at 10 arrests, at 300 pounds, at 350 pounds. I just really thought about that, and I was like, what does my life look like in three years, in four years, in five years, if I keep doing this? And that terrified me enough to immediately change literally everything.

**Sam Parr** (0:31)
Okay, Leila, welcome to the show. It's exciting to see you here. We've had Alex on a couple of times, and I don't know, you guys are pretty kick-ass. We've, you're like one of the few business, like, power couple, celebrity couples that are out there in the public. Did you ever think you would be doing that? Like, did you ever think, oh, I'll be the kind of, like, guru influencer-y person who's gonna be out there giving advice or giving frameworks or trying to be helpful to people? Is that something you saw yourself doing?

**Leila Hormozi** (0:57)
Not in the beginning, because I think I just really enjoyed running the company. And then I think once I realized that after a certain point, the impact I wanted to have, I would, it would be required that I learned that skill. And that it would be something that would be transferable to what I did day to day as well. Then that was when I was like, okay, I think this is important for me to learn. Because what I realized is I can be as good as I am at running a business. But if I'm not as good at running it as I am talking about it, then it doesn't really matter. If I can't communicate my abilities, then that in itself is a limiter for me teaching my team and transferring that skill to somebody else, whether it be an audience, my team, a friend, whatever it might be.

**Sam Parr** (1:35)
I feel like when I hear you talk, it's like, okay, you've really got a super strong sense of how you like to operate. It's like you got it together in a system that works for you. And that comes through experience, it comes through trial and error.
But let's rewind before you had all that and let you tell your story a little bit. Because there's going to be people who are listening to this, they don't know your full story. I don't know your full story, to be honest. I love this one tweet that came out of the research. You said, you can't skip the struggle if you want the story. So I want to use that. You can't skip the struggle if you want the story. So in telling your story, let's start with the struggle. Can you start where you didn't have it all together? You weren't this sort of business terminator. You were struggling, you were trying to figure it out. Can you start there?

**Leila Hormozi** (2:14)
Yeah, I would say that ever since I was like a teenager, I always wanted to get into entrepreneurship, mostly because I had my father, he was a tenured professor, he did everything by the book, and he honestly was miserable. And so I really just felt like that wasn't the way to go. I just didn't know what the way was. And I got lost along the way, so much so that when I was 19, I had been arrested six times. I was drinking, doing drugs. I was 230 pounds. Like, my life was going nowhere. I was flunking out of college. And that was really when I turned my life around, just learning how to live my life in accordance with my goals and values rather than my feelings. And that was really what taught me a lot of discipline. I ended up losing almost 100 pounds. I moved across the country by myself from Michigan to California. And I went to go to California because I wanted to pursue a career in fitness, because then I had finished school for exercise science. Useless. But nonetheless, I had finished school for it.

**Sam Parr** (3:27)
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