Podcast Summary: Build with Leila Hormozi
Episode: Re-Air | How to Trick Your Brain to Stop Procrastinating | Ep 110
Release Date: November 13, 2024
Host: Leila Hormozi
Introduction
In Episode 110 of "Build with Leila Hormozi," host Leila Hormozi dives deep into the pervasive issue of procrastination. Drawing from her extensive experience in scaling businesses to a net worth of $100 million by age 28 and expanding Acquisition.com into a billion-dollar portfolio, Leila explores the underlying causes of procrastination and offers actionable strategies to overcome it. The episode not only elucidates the psychological barriers that hinder productivity but also features live interactions with audience members seeking personalized advice.
Understanding Procrastination: The Three-Headed Monster
Leila breaks down procrastination into what she terms the "three-headed monster," a concept introduced by her friend Dr. Kashi. Each "head" represents a distinct psychological barrier that contributes to procrastination:
- Anxiety
- Rebelliousness
- Boredom
1. Anxiety
Key Insight: Anxiety is the primary driver behind procrastination, accounting for approximately 200% of the reasons people delay tasks.
Leila shares a personal anecdote about her initial fear of creating business content despite significant financial success. Her anxiety stemmed not from self-doubt but from the overwhelming fear of negative reactions and failure.
Notable Quote:
"Procrastination isn't any practical problem. It is an emotional problem."
— Leila Hormozi [02:15]
Strategies to Overcome Anxiety:
- Long-Term vs. Short-Term Benefits: Leila emphasizes the importance of evaluating whether a task will ease or complicate one's life in the long run.
- Skill Development: Breaking tasks into manageable steps reduces anxiety. Leila applied this by adopting her husband's content creation framework, which involved:
- Chopping time dedicated to the task.
- Dividing the task into smaller, actionable steps.
- Anticipating obstacles and allowing buffer time.
Example:
Leila planned to complete presentations two weeks ahead of deadlines to accommodate potential changes, thereby reducing last-minute anxiety.
— Leila Hormozi [07:30]
2. Rebelliousness
Key Insight: Rebelliousness involves resisting authority or external directives, leading to procrastination as a form of asserting control.
Leila recounts her experience during the COVID-19 pandemic with Gymlaunch, where gym owners resisted transitioning to online operations. This resistance was not merely defiance but a discomfort with imposed changes.
Notable Quote:
"Just understanding that you have an aversion to authority... you can still act in accordance with your goals, even while feeling like, I don't like that I'm doing what this person wants me to do."
— Leila Hormozi [11:20]
Strategies to Overcome Rebelliousness:
- Self-Awareness: Recognize the tendency to reject external directives.
- Behavior Control: Focus on behaviors aligned with long-term goals despite internal resistance.
3. Boredom
Key Insight: Tasks that lack excitement or immediate rewards often lead to procrastination. This is especially evident in roles that require delayed gratification, such as managerial positions.
Leila compares the immediate rewards in sales roles to the slower feedback in managerial roles. Similarly, she relates this to weight loss, where mundane but effective habits are less appealing than exciting, short-term solutions.
Notable Quote:
"If you feel like you're not able to achieve your goals because you're procrastinating them due to boredom... find ways to make it more reinforcing in the short term."
— Leila Hormozi [09:45]
Strategies to Overcome Boredom:
- Intermittent Reinforcement: Create shorter feedback loops to maintain engagement.
- Social Support: Engage with others for reinforcement, such as coaches or supportive friends and family.
- Environmental Adjustments: Incorporate rewards for completing tasks to make them more appealing.
Live Audience Interactions
Towards the end of the episode, Leila engages with live audience members, providing tailored advice to their specific procrastination challenges.
Audience Member: Evan
Question: How to kill procrastination stemming from "paralysis by analysis" when deciding between multiple business strategies.
Leila's Response:
- Decision-Making Framework:
- List Options: Clearly outline all possible choices.
- Assess Upsides and Downsides: Evaluate each option's benefits and potential drawbacks.
- Risk Mitigation: Determine if the worst-case scenario is manageable.
- Reframing: Treat decisions as experiments rather than irreversible choices to reduce fear of failure.
Notable Quote:
"I have always found that even if I choose the wrong thing, taking action will always get me to a solution, and usually the solution faster than not."
— Leila Hormozi [14:02]
Audience Member: Callie
Question: Struggling with perfectionism that prevents task completion despite time-blocking and productivity measures.
Leila's Response:
- Identify the Hidden Benefit: Understand that procrastination often provides immediate emotional relief (e.g., avoiding past failures).
- Behavior Over Emotion: Focus on actionable behaviors rather than emotional states.
- Incentivize Completion: Link task completion to enjoyable rewards (e.g., walking the dog).
Notable Quote:
"Disengage from the mental drama. Why you feel a certain way about getting work done or not, it doesn't matter. But we can create an environment where it makes it more rewarding to get the work done."
— Leila Hormozi [17:48]
Audience Member: Carrie
Question: How to effectively chunk or batch work to maximize productivity without feeling overwhelmed.
Leila's Response:
- Theme Your Days: Allocate specific themes to different days to structure work.
- Clear Communication: Train your team to respect your themed schedule by:
- Presenting solutions proactively.
- Using project management tools like Asana to manage requests.
- Protect Your Time: Emphasize the importance of your time to your team, ensuring it's allocated to high-impact tasks.
Notable Quote:
"If you don't say no to something, who's going to for sure?"
— Leila Hormozi [21:07]
Key Takeaways
- Procrastination is Emotional: It's not about laziness or lack of ability but about managing emotions like anxiety, rebelliousness, and boredom.
- Structured Approaches Work: Breaking tasks into smaller steps, creating frameworks, and setting clear goals can mitigate procrastination.
- Social Reinforcement is Crucial: Engaging with supportive individuals can provide the necessary motivation and feedback to stay on track.
- Protect and Prioritize Your Time: Effective time management and clear communication with your team are essential for maintaining productivity.
Conclusion
In this insightful episode, Leila Hormozi not only dissects the multifaceted nature of procrastination but also equips listeners with practical strategies to combat it. By understanding the emotional roots of procrastination and implementing structured, supportive approaches, individuals can enhance their productivity and align their daily actions with long-term goals. The live audience interactions further personalize the advice, demonstrating Leila's commitment to helping others build unshakeable businesses.
Connect with Leila Hormozi:
- LinkedIn: Follow Leila Hormozi
- Podcast: Build with Leila Hormozi – New episodes every Monday & Wednesday!
