13 min listen
From $200k to $30M: The Power of Opportunity Cost | Ep 55
From $200k to $30M: The Power of Opportunity Cost | Ep 55
ratings:
Length:
10 minutes
Released:
Jul 18, 2023
Format:
Podcast episode
Description
"I realized after really taking time and like sitting with myself, is that it didn't align with my values." Today, Leila (@LeilaHormozi) shares with us a decision-making framework that has earned them between $20 and $30 million every year for the past four years. She explains the concept of sunk cost versus opportunity cost and how it helped them make a life-changing decision.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:(2:18) - Realized it didn't align with values, just image-based(3:25) - Passionate about helping people transform, but business side was difficult(3:58) - Emotional breakdown, crying every day for 2 months(4:32) - Made decision based on sunk vs. opportunity costs(9:36) - Focus on opportunity cost, write it down, take emotions outFollow Leila Hormozi’s Socials:LinkedIn | Instagram | YouTube | Twitter | Acquisition
Released:
Jul 18, 2023
Format:
Podcast episode
Titles in the series (100)
How to Work 14 Hours a Day | Ep 5 by Build with Leila Hormozi