Transcript
A (0:00)
So, Leila, what's your dream?
B (0:03)
My dream is to build a business that makes everybody better than when they came in. So to build a business so big that it can fit all the dreams of everybody who works there inside of it.
A (0:18)
What's amazing about that statement is you're not just saying it, you're doing it. A lot of people have a dream and say they want to do something. You've actually built infrastructure here. That's doing it. I walked around your offices today and see all the people getting help. It's so impressive.
B (0:32)
Thank you. Yeah, that means a lot.
A (0:34)
So, folks, today, Laila's going to share with you her blueprint to building a $500 million company. And if you can't sit down for five minutes and learn what she's about to teach you, I've got some news for you. You're probably not going to make it. So just quickly run me through the six things you want to teach us today.
B (0:50)
Yeah. So first, we're going to run through how to manage stress, which really teaches you how to lead yourself. Next, we're going to go through leadership, which is really leading others. Then we're gonna go over finding talent, then culture, and how to build one. After culture, we're gonna talk about delegation.
A (1:05)
Something I really struggle with. Love delegation.
B (1:08)
And then lastly, we're gonna do management.
A (1:10)
Just to quickly say, I was on your Instagram today and I absolutely love this, which is fuck your mood, follow the plan. Yeah, fuck your mood, follow the plan. Just before we start managing with stress, can you quickly explain that statement for those that misunderstand it?
B (1:23)
Yeah. You know what's interesting is that when I was. If I rewind to before I ever started my first business, I was 18, I was overweight, I was doing drugs, I was drinking, I was flunking out of school. And all of it revolved around trying to suppress emotions. Which sounds weird saying, fucking fall plan. And then what I realized was that I was doing all these things in my life. I was drinking, I was taking drugs. I was part partying to suppress these emotions I felt. And so to get out of that situation, I had to confront those emotions. But in order to confront those emotions, I also realized that what I was avoiding was the stress or frustration or discomfort it took to lead a productive life. And so it's like, either you feel bad and you result in an unproductive life, or you can feel bad and you can be productive and reach your goals. And so what I took on as a motto for myself throughout the years is like, fuck your mood, follow the plan. Because in the beginning it would be like, fuck your mood, fuck everything. Then what I realized is it's still fuck your mood. It's just also follow the plan. It doesn't matter how you feel, as long as you are aligned with your values. And I think a lot of people, when they hear that, they think, oh, are you suppressing emotions? Are you? And I was like, no, no, no. It's not about suppressing emotions. It's about acknowledging emotions and taking emotions with you wherever you're going. You know, I think, like, you know, I shared with you before this podcast, I had food poisoning this morning. I don't feel great. But that doesn't mean I can't follow the plan. Even when it feels really tough and awful, I always know that if I follow the plan, I'm going to feel a lot better afterwards. And so when it comes to managing stress, right, like, I think, you know, in building a business, like, that's one of the hardest things for people is if I looked at. And this is actually something I did, I looked across my company that I sold, and I said, for every person who is a high performer here, or I'm sorry, for every person here who didn't work out, and I ended up letting that person go, what was the reason I let them go? And almost not in any instance was it because of a deficit of a technical skill, but it was always a deficit of an emotional skill and specifically around managing stress. And so that is why that's the first thing I focus on. Because if. If you can't manage yourself well, which typically means managing your thoughts and emotions, then how can you manage anything else, including a project, a task, building a company?
