Modern Wisdom - #490 - Alex & Leila Hormozi - Building A $100m Marriage

Episode Date: June 23, 2022

Alex and Leila Hormozi are founders of Acquisition.com, entrepreneurs, podcasters and authors. The last 18 months has seen Alex & Leila burst onto the business advice scene like pretty much no one els...e. Alex's book has been one of the wildest successes of the last decade and yet they made $100m before having any social media presence. Getting to dig into their philosophies around life, business, dating and productivity makes for a very interesting story. Expect to learn what drives you to keep going once you're worth $100m, why Alex refuses to rely on a daily routine, Leila's most important tasks to outsource in your life and business, whether Grant Cardone is a hero or a villain, how to avoid getting distracted by good opportunities, whether they want to have kids, how to avoid becoming bros with your business partner wife and much more... Sponsors: Join the Modern Wisdom Community to connect with me & other listeners - https://modernwisdom.locals.com/ Get a 30 day free Trial from The Economist at https://economist.com/wisdom (discount automatically applied) Get 10% discount on your first month from BetterHelp at https://betterhelp.com/modernwisdom (discount automatically applied) Get 5 Free Travel Packs, Free Liquid Vitamin D and Free Shipping from Athletic Greens at https://athleticgreens.com/modernwisdom (discount automatically applied) Extra Stuff: Buy $100m Offers - https://amzn.to/3mUUTCc  Follow Leila on Instagram - https://www.instagram.com/leilanhormozi/  Follow Alex on Instagram - https://www.instagram.com/hormozi/  Get my free Reading List of 100 books to read before you die → https://chriswillx.com/books/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom - Get in touch. Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/modernwisdompodcast Email: https://chriswillx.com/contact/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript
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Starting point is 00:00:00 What's happening people? Welcome back to the show. My guest today are Alex and Laila Homozi, the founders of Acquisition.com, entrepreneurs, podcasters and authors. The last few years have seen Alex and Laila burst onto the business advice scene like pretty much no one else. Alex's book has been one of the wildest successes of the last decade, and yet they made $100 million before having any real social media presence. Getting to dig into their philosophies around life, business, dating, and productivity makes for a very interesting story.
Starting point is 00:00:34 Expect to learn what drives you to keep going once you're worth $100 million, why Alex refuses to rely on a daily routine, Layla's most important tasks to outsource in your life and business, whether Grant Cardone is a hero or a villain, how to avoid getting distracted by good opportunities, whether they want to have kids, how to avoid becoming bros with your business partner wife, and much more.
Starting point is 00:00:59 These two are the real deal. I very, very much appreciate the fact that everything is tested by whether or not it's useful in the real deal. I very, very much appreciate the fact that everything is tested by whether or not it's useful in the real world. They are prepared to be disagreeable with convention and with traditional wisdom in place of what they've found has worked effectively for them in life or in business or in growth or in social media or everything else. The success that they're seeing online makes quite a lot of sense, I think, and there is so much to take away from today. In case you missed it, Jocka Willink is coming on Modern Wisdom.
Starting point is 00:01:32 I'm flying out to see him in San Diego in two weeks time with a full video and audio production team, and we're going to make something very, very special. Next week, Andrew Huberman is landing in Austin, and I'm recording with him with the exact same team. It's an absolutely huge couple of weeks coming up. Make sure that you have hit the subscribe button or you are going to miss it and you will be sad. Tres, sad. But now, ladies and gentlemen, please welcome Alex and Layla Homozi. Worth a hundred million bucks and sharing a set of headphones to get the fuck out. Bro, geez. Just like middle school. So ghetto. I saw a tweet from you not long ago that said,
Starting point is 00:02:30 Beginners overvalue thinking and undervalue doing. Advanced people do the opposite. What's that mean? Yeah. So I think a lot of times beginner, so the way most people took that is was a, everybody should be like advanced people and execute. That's what people thought I meant by that quote because I could just see that from the comments, which was not what I meant.
Starting point is 00:02:52 What I meant by that is in the beginning, most people don't have, sorry, most people overthink everything and they try and find the perfect path. They try and say, oh, this is gonna be the perfect business model, or I wanna nail my niche perfectly, and get my everything done before they start,
Starting point is 00:03:11 when in reality, all you need to do is just sell shit to someone to get going. And so they overvalue the thinking and undervalue the doing. So it's really just productive procrastination for most people in the beginning. Whereas advanced people, they've gotten the habit of doing things.
Starting point is 00:03:27 So what happens is the doing becomes compulsive. So they're just doing and doing and doing and doing. And they feel like activity is progress because in the beginning, activity was progress. But as it gets bigger in the amount of work that is required to be done gets bigger, you need to be more strategic in what work you're choosing to do and how you're choosing to make sure work gets done. And so the whole thing flips, where as you become more advanced, it's more about what chess piece am I going to move
Starting point is 00:03:53 rather than even beginning the game. And so that was kind of the dichotomy or the flip between beginner to advanced. And I think there's a lot of those complete flips that happen in business, which is why the entrepreneurial journey is a cool, interesting, and fun one. The way that I see it, a lot of entrepreneurial complete flips that happen in business, which is why the entrepreneurial journey is a cool, interesting, and fun one. The way that I see it, a lot of entrepreneurial journeys are kind of like an hourglass.
Starting point is 00:04:09 So you start off at the bottom with a big wide set of doing things, and then you narrow in, and that's when you don't have any time to do anything anymore, you're constantly doing everything, and then you widen back out again to be this person who thinks about everything. But you're right, if you're not able to relinquish control and believe that the tools that got you here are going to be the ones that are going to get you there, you're going to start bouncing off the ceiling of your own capacity. No matter how leveraged you are and your productivity systems,
Starting point is 00:04:33 everybody only has 24 hours in the day, right? Yep, 100%. Do you want to switch to that, Alex? Do you want to go back? No, no, you're good. I'm just going to put this in so it doesn't fall out. Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha me a bud. Now I feel great. Now I'm ready. Fantastic. You're probably doing it so you don't hear me. That's actually what? Nice. What is... It does feel more peaceful.
Starting point is 00:05:09 What are some of the things that you struggled to let go of when it came to flipping from doing to thinking? It's usually the things that you're best at. You know what I mean? I mean, in the beginning it's a possession that everything has to be done a certain way, rather than certain outcomes need to happen and they can be done. Everybody has different flavors of different styles of working and in the beginning you just think everything has to be your way because to be fair, everything that was your way worked because that's where you are where you are. But realizing that something's gonna be done differently and still achieve as good as
Starting point is 00:05:44 it is in oftentimes better, is something, it's a belief that has to get broken for most entrepreneurs, and then it's easier to break them in fields that they are not experts in, and then it becomes more difficult to break it in fields that they are experts in. So it's like easier for me to give up finance, HR, maybe even customer support, customer success,
Starting point is 00:06:00 those are things that I might not have been as good at, but product, marketing, and sales might be things that I feel much stronger and so I'd be more particular, more likely to want to micromanage or keep control. But usually it's that control that ends up, you relinquish your freedom when you can't have both control in freedom. What about you, Leila? What did you struggle relinquishing as stuff grew? I think I had it as hard of a time with not knowing everything that was happening
Starting point is 00:06:27 in the business because like in the beginning Alex had the let go. I think Alex had the let go of more control in the beginning and I actually take more control in the beginning because by the nature of how we start the businesses it's usually like I'm going to have most people report to me. And so then at the point where he has, you know, me and one other person that he's talking most time and I have the eight and I feel like I'm providing transparency to Alex and to, you know, anyone else that's asking about the business and then I have to look over that transparency. So I think it was relinquishing control of honestly being the internal, I want to say, like feeling like the internal
Starting point is 00:06:59 leader almost. And so I, it gave me a self of sense of self importance that I didn't realize would be that hard to give up. And so when we decide that we're going to sell Jim launch, I remember the feeling of not leading the monthly team meetings and not leading the quarterly and not doing the leadership training and not doing the management training and feeling this like immense sense of loss. And like I realized that I didn't gain myself importance from like being forward facing like everyone's like, oh, what don't you want to be forward facing like, oh, I don't need that. I don't need recognition from others, but I didn't realize I was getting it from the team the whole time. That's where I was getting my sense of self importance and from recognition. You're not immune to it. You've just got a different flavor of it.
Starting point is 00:07:40 100%. So it was like once people started saying, hey, and you know, this is a good thing, but I had to train myself to understand that when they were like Maggie, Kale, Dave, Ed you guys are amazing leaders This and that and when they started saying like hey, it's actually really great that you guys are like letting go And it's been so much better with them stepping in. I'll never forget there was a phone call where I sat with one of the leaders And I said like hey, how's it going? You know, we're stepping back more You know, obviously we're close towards the end of the sale. Is there anywhere I can support you, anywhere that can add clarity?
Starting point is 00:08:08 Is there anything that you think I should know about? Those are kind of the questions I asked. And he was like, can I be real with you? And I was like, yeah. And he was like, honestly, it's like a way better with you guys out. I was like, and it was like, knife. And then I was like, oh, no, no, this is good.
Starting point is 00:08:23 This is good, right? But my immediate human like, human instinct was just like loss and like, you know, just feeling terrible. We're business, no need it. We're business. And he's like, no, honestly, he's like, because you guys are just so, you know, intense.
Starting point is 00:08:35 And so it's just better. We've all been able to be more creative, be more innovative, really like step into our roles now that you guys aren't so involved. And hearing that was like, fantastic for wherever we're at and like logistically speaking. Like I was like this is right on track. It's amazing. Like it made me super proud of like Caleb Maggie and everyone else that stepped up. At the same time it was kind of like the, you know, the final night.
Starting point is 00:08:57 Where you're like, dang, like I really did have a lot of self importance there. And so for me, it was just letting go of that and letting go of being what I wanna say is like the rock to everybody in the company. Like being the person that everyone confided in, everyone went to and they were having a hard time, not being that person anymore was really hard for me. And just to piggyback on it, I think we, like I would say both of us get the same fulfillment of
Starting point is 00:09:19 being the person that people can bring complex problems to. And you're like, ooh, cool, let's solve this together. They're just different problems. Right. And so the thing is, is that when you really want the company to run on its own, you can't be that person. Right. And that's really hard. That's really if you're just trying to transition out from CEO to really like owner or shareholder.
Starting point is 00:09:36 And you don't necessarily need to do that, but that was the transition we're trying to make to make the business sellable. And being able to look at someone who's like really in need of help and just saying, you're gonna have to figure it out. Well, remember, it's what it'll make you guys feel needed and wanted and a part of the organization.
Starting point is 00:09:55 And it's like letting someone, I don't know, you've taught your son to ride a bike for the last five years and then finally he goes off to his first bicycle riding class. And you watch the teacher doing the thing that you were doing, and you're like, well, no, that was my job. That was what I did. I just want to be needed again.
Starting point is 00:10:13 But I mean, Ferris has this. Is it in the four hour work week, where he talks about the more that he extracted himself out of a business, the better that the businesses did? Yeah. Yeah. Alex, where both only children, have you reflected on what impact having no siblings has had longer term?
Starting point is 00:10:32 Not really, honestly. I actually have, I don't give it any thought. Like it's not a thought that I give. I also had step siblings from, for all of high school. So I had like there were other kind of kids in the house, you know, per se. We were obviously high schoolers not, you know, lower than that. So there was that element, but I've never given it any thought.
Starting point is 00:10:54 I just find it interesting. I've got some friends that aren't. Some friends that aren't. I always wonder what? There has to be a difference in socialization. There has to be a degree of difference, you know, real formative years, things before you can even remember them, that change and shape the way that you see the world that you interact with people, maybe you view social situations in a more deconstructed way, at least that's something I see as a common theme
Starting point is 00:11:15 amongst some of the only children that I'm friends with. I don't know. What about you, Laila? How would you say, are there any echoes from your childhood that you see when it comes to the way that you operate as an adult? Certainly for me, I'm always on the outside looking in a little bit. That was kind of a typical dynamic that I saw when I was a kid and that's definitely one that I see reflected.
Starting point is 00:11:40 Now, maybe that's just my bias. Maybe that's just the frame wing through which I put everything for the world. But, you know, I think I used to look through that frame a lot more. I don't really anymore. I think I kind of like thought about it enough that just my brain moved on. But I think, you know, I was the youngest.
Starting point is 00:11:56 I had an older sister and then I had a lot of steps of links and I was still the youngest. I mean, I'm sure that I'm probably more receptive to authority than Alex, if I say one difference. I'm okay with people being like, I think there's a reason that Alex is more the visionary and I'm more the integrator. That's just what I'm good at. That's also what I enjoy doing a lot.
Starting point is 00:12:19 I would say that the things that are more impactful probably weren't like siblings, probably like being more autonomous in terms of like how I probably raised myself for like some of my more formative years, just because the nature of kind of how my family structure was. So I think that contributed a lot because I have a lot of self trust and independence, I want to say. But that's, I mean, that's how I would say it formed me. I guess what I would never say is that I don't think that it
Starting point is 00:12:45 is an excuse for people who are dysfunctional adults to say, well, my childhood acts. I'm like, well, you're a functioning adult now. You can figure out how to do it. Yeah, and I'll pick you back and maybe give a little bit more color to the original answer of, I haven't thought about it. I have difficulty ascribing reasons to current behaviors, because I think we just don't know why.
Starting point is 00:13:07 So it's like I could create 16 different stories around why I am this way. And I could probably find people who have similar character traits to me who were not only children. And so was it the fact that I was an only child that made me this way? Who knows?
Starting point is 00:13:20 I know that I am this way. I know that I behave in these ways in these conditions. And so they are what they are. And I think a lot of people, I'm not saying this better, good or bad, I'm just saying. I have observed that many people will create stories to justify the way, the reason,
Starting point is 00:13:34 they're like, well, you know, I never got chocolate as a kid and that's why you talk them now. I'm like, well, maybe you just like chocolate. Maybe has nothing to do with the fact you didn't have this kid. Maybe if you had as a kid, you'd still eat a lot of chocolate.
Starting point is 00:13:44 There's nothing to do with that, you didn't have this kid. Maybe if you had as a kid, you'd still eat a lot of chocolate. It has nothing to do with that, right? And so people will use circumstances to explain current reality as though it's a reason for, rather than just like accepting it for what it is, which is, I just am this way. Post-doc rationalization is a hell of a drug. You can pretty much justify anything to yourself. I've got this narrative, and that's one of the dangerous things, right? You start to see some sort of consistent theme in your life and then everything gets filtered through that lens and you like look it's not a
Starting point is 00:14:08 one-size-fits-all thing maybe there was something maybe there is one singular piece of code right that underwrite everything it's the bootstrap upon which the entire program of your life's built but probably not right probably not and who knows and and And how helpful is it? Because if we want, is it important? Is it noble? You know, to quote Charlie and Warren? Is it important? Probably. Is it noble?
Starting point is 00:14:32 Probably not. And so if it's not important and noble, they just don't focus on it. And so I've always, I've tried to use that to not drop myself and say. That's a really good way for people to let go of things that they can't find answers to. I mean, Austin at the moment, and there's a lot of talk of trauma work and integration and healing past selves and stuff like that. And coming from the most working class town in the UK, this is the language that I'm not like super familiar with.
Starting point is 00:14:59 And there's part of me that thinks there's probably things that you need to do if it continues to play on your mind. John Pete's another thing. If something continues to make you cry, write it down. But I think that you can take it to the extreme where you just end up trying to create just so stories that sound plausible until you arrive at one that you then attach and start to see it as the lens for the world. Agreed.
Starting point is 00:15:24 All right, so you guys sold your businesses last year, somewhere in the region, all together, a hundred million books, something like that. Tell me what drives you to keep on going once you have a hundred million dollars in your bank account, because when it comes to usable money, there's nothing really, unless you have an unbelievably ostentatious taste. There's nothing that you need to buy, that you can't already buy, so what drives you? I mean, I think, Leyla and I both see all the things
Starting point is 00:15:57 that we would have done differently, or done better, or just new things that sound exciting, that we, because we, Caleb and I were just talking about this before, this podcast is that one of the biggest limitations I have, or things that I've bummed about, is that I only have one life that I can live, and there's so many lives I'd like to live, in terms of I'd like to start a hundred different businesses throughout my lifetime, but I probably only have five, four or five good entrepreneurial seasons. And so we have to be really, really judicious because the way that Lail and I choose to operate probably only have five, four or five good entrepreneurial seasons.
Starting point is 00:16:25 And so we have to be really, really judicious because the way that Layla and I choose to operate in terms of how we do businesses, we prefer to have one big focus and then put all of our attention to it. There are entrepreneurs who have lots of different things going on and they enjoy that kind of chaos, but Layla and I prefer to focus very hardly on one thing.
Starting point is 00:16:41 And so I think with this season, the thing that gets us excited is the opportunity that we spent 18 months before choosing to sell, crafting and going back and forth with what business we were gonna do next. And we only sold because we were more excited about this business that we're building now than the ones that we had before.
Starting point is 00:17:00 And so that was kind of our litmus test. And as a total side note for any founders who are thinking about exiting, it's my belief that you should be crystal clear on exactly what you're going to do next because I've seen so many of my founder friends etc. who exited and did not have a plan. They just got the check and then they were like, what do I do with my life? And they had no plan. Layla and I started working the next day because we were just so excited to start to building what we're building now. So stoked. Yeah. Yeah, and I think just to go with that,
Starting point is 00:17:28 in terms of why do we keep doing what we're doing, I think that there's, if you want to become a certain kind of person, right, you're like, this is who I see myself when I'm 80 or 90 being, it's a lot easier to become that if you put yourself in a condition or in a situation where there's conditions that put some pressure on you to do that.
Starting point is 00:17:44 Now, should it be like immense pressure like your life is in the line. Like I don't really want to do that. I don't think any of that kind of pressure to change. But I think knowing that a company relies on me, knowing that people rely on me, knowing that I've committed to this mission publicly, I think that that kind of puts like artificial pressure on you to become the kind of person that you want to be. And I think a lot of people that are public facing probably have that too. But I think it works.
Starting point is 00:18:03 And it kind of keeps you, one thing that we were just talking about before this saw, I was like, I just never want to get soft. We were saying, we don't want to be soft. We've seen a lot of people who sell their business and then they just become, honestly, really weird. What does soft look like to you? Like, I can't go on this trip unless I have my special pillow.
Starting point is 00:18:21 Or like, I absolutely can't stay unless the hotel has x-ray. This is a really set-to-be-product. Is this a buy-product of selling a business for a high amount of money that you have like odd pillow, connoisseur, shit? Well, I think it's, I think it's, when you have, we were literally just talking about this before we got on.
Starting point is 00:18:37 Like, when you have a tremendous amount of money and you have nothing to do, you still have, you see, in tendencies of focusing on things, but you start focusing on things that are trivial in nature. Now, you can make everything trivial, but let's just forget that one for a moment. And you start focusing on really trivial matters, but then everyone who's around you
Starting point is 00:18:53 is only there because of money. And so you kind of create this realm of suspended reality that everyone in it is someone who's receiving money from you. And so you don't actually get feedback from the world anymore. And so you just create more and more ridiculous beliefs, but you believe them because the feedback loop is positive. And you're like, oh, I guess this isn't ridiculous. But oh yeah, if I can't fly private somewhere, then this is ridiculous.
Starting point is 00:19:18 There's no way I'm going. It's like, well, come on. Let's get it. If the room isn't 63 degrees, now I'm this fluffed pillow, and I don't have this in the I can't function. I'm pretty sure a good Charlotte right a singer song about this not long ago is it lifestyles of the rich and the famous they're always complaining Yeah, yeah I mean because if you're not
Starting point is 00:19:36 Challenging yourself you don't have something that you're driving towards something really that's pulling you towards the future Then I think you're constantly fighting focusing on the little stuff that doesn't matter because your brain doesn't have anything else to focus on. It's nothing to chew on. You don't have anything to not on, so you not on all these little things that don't matter, and they become these big things. And then I see a lot of people,
Starting point is 00:19:55 it's like they sell their businesses, they develop weird tendencies issues, like all sorts of stuff. And then- Malities, they get sick, they're really weird pain. And they're always like, now I can't start the next thing
Starting point is 00:20:05 until I resolve this problem. And I'm like, what if you did the next thing and the problem resolved itself? Which we have seen multiple times happen. Like they were going to all these specialists, and they had all the money, right? So all the doctors were happy. They got some weird stomach thing, something, something,
Starting point is 00:20:18 it just goes away once they started business. Just needed any business. They needed something else. 100%. And Laylin, I, at least Laylin, I are of the belief that work is required for living. Like, you know, I'm not religious, but like God gave Adam work to do before he gave him a wife.
Starting point is 00:20:35 Like, you got a job first, right? And so it's something that is quintessential to being human. We work. And so I think also in terms of what you see the goal as, like the activities are the goal. Like hard work worth doing is the goal. And the byproduct of that, hey, if we create the next thing as a billion or 10 billion or 100 billion, whatever, I know that we'll enjoy it.
Starting point is 00:20:57 Because if someone could just hand us that money, we wouldn't take it. Or maybe we would take it. But like, but I would still, I would take it. But I would still do the exact same thing we're doing now, I would still be working. There's some studies that show people that retire early die way earlier than the ones
Starting point is 00:21:11 that keep on working, right? This is one of the problems. This is one of the problems, I think, with UBI. You know, you can talk about the fact that there are people who fall through the net who need to be raised up, but for a lot of people, they take their sense of purpose and pride and belonging
Starting point is 00:21:25 and position within their family and their community. They take that from the job that they do. And don't forget as well that we play status games. You're going to tell me that you're going to flatten down the status hierarchy so that there's no one, there is no one that's superior. Everybody gets flattened down. Then what are they doing? What are people going to be competing on then? We're going gonna have some, and that's the pillow game, right? It's like, oh, now I've decided that I'm gonna go and become a pillow connoisseur. Well, you know, it's funny,
Starting point is 00:21:53 I've seen it for myself, which is, my dad was a college professor for almost, seven or 32 years. And during COVID, basically, he was like, I keep for years was like, I just don't wanna do this anymore. I don't like this, I'm not passionate. I use engineering. And so I was like, Dad, he was like, for years, I just don't want to do this anymore. I don't like this. I'm not passionate about his engineering. And so I was like, Dad, at one point, they basically said,
Starting point is 00:22:10 if you're a 10-year professor, we'll offer you two years upfront pay to leave, because they just knew they could save that in whatever young that they're going to bring in and pay less. And he's like, isn't this crazy? And I was like, yeah, crazy. If you don't take it, you should take it. You hate this thing.
Starting point is 00:22:22 You're done. You can move on. He had not thought about it. He had literally not. And he's like, how crazy are they? Who would take this, you should take it, you hate this thing. You're done, you can move on. He did not thought about it. He had literally not, and he's like, how crazy are they? Who would take this off? We're like, you. I think he's taking this off.
Starting point is 00:22:30 This is really a great offer. So anyways, after like many phone calls, he ended up taking it. And he took a little time off, and then he was like, well, I need to do something. And one of the companies that we invested in, they basically do, it's a business that, you know, basically there's no marketing, there's no sales, it's like an online, you know, basically, there's no marketing, there's
Starting point is 00:22:45 no sales, it's like an online, you know, income-generating opportunity passively through this, a sort of book publishing technique. And so I said, Dad, you don't have to talk to anybody, you just get to sit by the screen, you can make this thing, try this. And my dad for, you know, 20 years has always had, like, weird aches and pains. And he called me the day and we were talking, he's like, wow, I've never had this feeling before, like I'm wake up at 3 am with ideas, like I'm just so immersed in the community,
Starting point is 00:23:08 I just love everything we're doing, and what I'm learning, and like he's writing copy, he's learning books. Like it's crazy shit that I never thought my dad, the 60 year old engineering professor would learn, and then he said, me, what's crazy? He's like my back pain, and like all my aches have gone away. And I was like, boom, that's it.
Starting point is 00:23:24 Like you're doing what you love. You're focused on something that you enjoy doing. You have like a worthy challenge. And it's just like those things just disappear. Yeah, he also broke all my beliefs around entrepreneurship because I literally used to use him as the example of what I would say is like the least entrepreneurial human being alive.
Starting point is 00:23:41 Because he was so risk averse, Dr. Kuroship, you know, I love you. He's so risk averse, Dr. Kurosha, you know, I love you. Um, he's so risk averse. He was a tenured mechanical engineer and professor who was the department chair, like, you cannot get more secure, except maybe a government position, but like, it, you know, I mean, equal, like equal, right? And he was so risk averse and him quitting and making his first dollar online as an entrepreneur.
Starting point is 00:24:03 He's like more excited than ever. And now I believe that everyone can be an entrepreneur if confronted with the right conditions. So you guys sell this company, right, and you make all of this money, and then you move on to the next thing, which is acquisition.com, which is playing proper big leagues stuff now, or at least it's moving towards playing proper big leagues stuff. What are you doing spending all this time on Instagram and making stuff for YouTube and things like that? Okay, so I'll tell you the one thing is that we had a lot of time to think about not just what does the ideal business look like that achieves our financial goals and the impact goals, but also like what do we want to do with our time? And like, what do we want to be known for?
Starting point is 00:24:45 And so I think realizing that we can have more impact if we are more known and through a series of different conversations that we have was probably one of the biggest realizations for both of us because I think we both prior to that, myself more because I think Alex just had to do it for the business and so he was used to it. You know, enjoyed being more private, but we But we said at the end of our lives, if we look back, what will be more proud of? What will take us closer to the version of ourselves
Starting point is 00:25:10 we want to be? And it's the mission of the company has to document and share the best practices of building world class businesses. Because there's just a lack of people actually sharing tactically what really worked for building businesses. And we're like, what do we want to be known for? It's like we want to be the people that put better
Starting point is 00:25:25 free stuff out there than any courses that you could buy. And that's just because when we were coming up and we were building the businesses, the amount of pain you have to endure, because it's relative pain, right? Like, is this real pain? No, we're not in like, African or like starving or anything like that.
Starting point is 00:25:38 But like, it feels terrible. Like, you feel like you're gonna die sometimes, which is like ridiculous, but you do, when you have to like, fire someone or a client steal something or someone says they're gonna sue you Like these things feel horrible and if we can just save people that pain and make them realize like one That's all completely normal and it's just part of business and you're okay, and it's absolutely fine And it's just like you need to accept But then two here's the tools that we wish we had had when we were doing it that if you use these you could probably at least mitigate the pain
Starting point is 00:26:03 tools that we wish we had had when we were doing it, that if you use these, you could probably at least mitigate your fate. Yeah, that's a good reason. I mean, also, as well, when you think about what you guys are doing with acquisition.com, expediting someone's degree of trust in you to come in with some social status, you know, no one, the likelihood of you screwing somebody over when tons and tons of thousands of people on the internet know who you are, decreases massively because the scandal would be way higher. Everyone's concerned, everyone likes the idea of the secret master that lives in the cave that nobody knows about, but nobody would trust him.
Starting point is 00:26:39 That's interesting, I haven't thought about that. I've thought about that in English. And from a lay look, I've kind of one angle of why we're doing it. The other, from a utilitarian's perspective, we have a lot of leverage that we can employ to do this. So we can compensate people to do a lot of work on our behalf that can expand what looks like a lot of time
Starting point is 00:27:00 when, in reality, if we do two podcasts a week, it's not a tremendous amount of time investment, but if those gets chopped up and repurposed and you know across all the platforms and the long forms go out and we have podcast pieces, like all that stuff can get done if there's people who can run it and running teams is something that we're very,
Starting point is 00:27:15 you know, we're fine doing it. And so from a time to output ratio, there's much more output than there is input and that's kind of the nature of building wealth in general. In terms of the strategy behind it with acquisition.com, I think you're 100% right because when I looked at, there was like, I had, I'll do it as fast as I can, but I had probably five or six things that happened in a row that on one angle when we started this, I had no desire to ever be famous.
Starting point is 00:27:40 I just wanted to be rich. And I said that publicly, I was like, I just want to be rich. I don't care about being famous. I want known to be rich and I said that publicly. I was like, I just want to be rich. I don't care about being famous. I want known to know who I am. But then Kylie became a billionaire at 20. And that really affected me because I was 20, I think, whatever I, you know, and I honestly was like depressed for a day.
Starting point is 00:27:57 And I was like, why do I suck so much? Like, why am I so bad at everything? I am just the worst. Right? And I was like, I feel like I don't worry about business, but I have, oh, I have the fundamental belief that if someone's making more money than me, they are better than me in some way, at the game of business. And I have to learn what that is, right?
Starting point is 00:28:12 And so that happened. And then a Conor McGregor came out with proper 12 and it's now a $600 million enterprise. And then the rock has Tehramana, which is probably worth between $2 and $4 billion right now. And so I was like, man, having these massive audiences, the people who weren't even necessarily business folks, instantly gave them $1 billion status.
Starting point is 00:28:35 And I was like, that's interesting. So that was like big belief breaker number one. I still didn't want to do it. Because I was like, it's not worth it. I can just do it in the shadows and do the billion either way, I just have no one know who I am. But then we had a conversation with Dean Grassy, he has his Tony Robbins, right,
Starting point is 00:28:49 him, man, very good friend of ours. And he said, and I was like, don't you get weirded out by people like leaving weird messages at your door and like, you know, just being weird. He said, if that's the price I have to pay for the impact I want to have, I would do it every single day of the week. And when we said that, it really hit both of us, because after we left the house, I was like, gee, you're that, she's like, yeah, I know, I thought about it.
Starting point is 00:29:12 And so that was actually, that was the turning point for us where we said, if this is the impact that we want to have, we're willing to pay the price of some of the negative aspects of becoming more known. And so that was the big part. And from a strategy perspective, you got it. It's much easier, Charlie Marker talks about this, but like trust is the ultimate lubricant in business. It makes business transactions much more fluid, faster, et cetera.
Starting point is 00:29:35 And it's long-term greed for both parties if you can actually maintain trust. And so the idea is if we can just put lots of stuff out there that is valuable, people can utilize, already know it works, then we kind of operate on shared trust from the get-go. And it just saves so much time, so much effort, and it makes everything that we're doing better. So that's the big picture for us on the strategy.
Starting point is 00:29:57 Well, think as well about the fact that, as you're putting this content out, there's gonna be future potential partners that you're gonna work with with acquisition.com that are going to see that stuff. This is something that I thought the other day. Elon Musk, Doom Scrolls YouTube. Everybody does.
Starting point is 00:30:12 Everybody Doom Scrolls everything. So you don't know if you're putting content out there, you don't know which person that you might really value connecting with. Some dude, some guy that was on pretty little liars and is filming in Austin, reached out because he loves some episode. Never seen an episode of Pretty Little Liars, this guy's got 20 million followers on Instagram and it's like a heartthrob of heartthrob and all this stuff. And I was like, oh cool, like we didn't, we have no chance to catch up, but it's, if I
Starting point is 00:30:41 needed a guy from Pretty Little Liars at some point, I've got one, you know? I love that. I'm starting to acquire the Pretty Little Liars community. You know, it's funny, it's because like we were talking about the other day, I was telling Caleb, I was like, I've had a bunch of like famous rappers reach out and they're like, dude, I love your content. I'm like, very, very, you know, they're like, what? And you're like, beyond confused.
Starting point is 00:31:01 And I'm like, they follow me. And then I was like, and he's like, yeah, people like, if you have good content, you just never know who's gonna see it. And I'm like, wow, you know. Everybody doomskrolls, man. Everybody doomskrolls, that's the lesson. So I've heard you talk, Alex, before about the fragility
Starting point is 00:31:16 of a morning routine, basically sort of relating that to kind of like superstition, that you create a particular standard for your day that if it's not met, you begin to have a sort of a negative thought loop about the fact that you haven't prepared. You can't deny, though, that there are certain ways that are better to prepare for things and other ways that are worse to prepare for things. If you're going to make sure that you eat and sleep and drink and do the things, how do you balance those two? How do you guys both now have enough structure in your day that allows you to stay focused on the things
Starting point is 00:31:50 that you need to whilst not committing this superstition fallacy around having a very precarious put together daily routine? Yeah, I think it's more, I mean, to use Laila's one of Laila's isms. It's more a dichotomy to be managed than a problem to be solved. So I think it's really just managing the balance between those things. I think, you know, if you sleep well, yeah, I think everyone can agree that they feel better
Starting point is 00:32:14 if they sleep well. But the question is, if you then create the story that I must sleep well, it's all the sheds have to need to, all those, all of that language. If you make it a requirement to function, then that is where I would say the positive of having the belief that it helps you is more, you get more negative ramifications from having the belief that you must have it. Whereas if you see it as a preference, I prefer to sleep more, but if I don't sleep, I'm still going to show up because like winners went. And so I think having different beliefs around
Starting point is 00:32:44 behaviors is more use, it has had higher utility in my life. Yeah, I would say that just echoing that, I think a lot of high performers, people who call themselves high performers, put like an absorbent amount of pressure on themselves. And so basically trying to control things to an extent where the control that you're trying to exert on those things adds more pressure than if you were to not do the thing itself. So if you're like, I must eat this way, sleep this way, drink this way, and feel this way to have my speech tomorrow. And then you miss a flight, and you don't get a meal, and then you sleep like shit, and
Starting point is 00:33:19 you wake up, and you whatever you have a pimple. And then it's like you fucking fall apart, right? And so, but we can't control a lot of those things. We just only have the illusion of control. And I think a lot of people, those routines create even more illusion of control than, you know, people who don't have them. And so, you know, like for myself,
Starting point is 00:33:35 if I have like a big speech next day or I have like a huge day, I actually like prepare myself. I'm like, I'm probably gonna feel like shit. I'm probably gonna sleep like shit. I'm gonna feel like I'm gonna stomachache, headache, headache, like I'll just think all that. I'm like, I'm probably gonna feel like shit, probably a sleep like shit, I'm gonna feel like, I'm gonna just stomach ache, a headache, like I'll just think all that, I'm gonna kind of fucking crush it anyways. Because that helps me think,
Starting point is 00:33:50 well then everything else is gravy, because I know I can feel like absolute terrible, and I'm still gonna perform. So that relieves the pressure and also takes away that need to feel like I have to control the situations, like, make sure everything's happening at the right time, so I'm doing all these things,
Starting point is 00:34:04 and having all these routines, because I feel like a lot of people kind of spin up in that way and then there's so much pressure from that it actually makes it worse. Yeah, I think net net it's also just way less decision fatigue and way less mental effort. Just not like, just not even worrying about it and just thinking like, it's preferences with an overshadowing or an umbrella of acceptance. For all these things, but either way, I'll accept whatever happens. I always like to tell myself, I'm like,
Starting point is 00:34:29 life is not always fair. I'm like, I don't deserve to feel good today. Like, there's no like, I deserve to feel good. Like, I should be feeling great. I feel like shit. And like, life, I don't deserve to feel anyway. Well, think about what the more heroic narrative of those two is as well. The much more heroic narrative
Starting point is 00:34:45 is I didn't sleep right, didn't eat right, had an argument with the misses this morning and I'm still going to go out there and close this. There's a great story from Ben Bergeron when he's talking about the CrossFit Games in 2017 or 2018 and it was the first day of the games and they didn't realize that they were going to be flown out one day before the entire set of games started. They were told that they needed to be downstairs with passports and bags, no coaches, no nothing else. And they basically went and did an entire extra day of programming out at the CrossFit Ranch.
Starting point is 00:35:16 Nobody knew, everybody was on the plane, it was four hours sleep, no one had their coaches with them, maybe somebody had left their special weight belt at home and stuff like that. And you had two types of athletes in this situation. You had one that said, oh my god, I don't have all of the right things. And the other one that said, I've trained for this. I've gone into the gym a ton of times when I haven't slept enough and I've said, what an awesome opportunity
Starting point is 00:35:40 for me to see whether or not I can still eat shit whilst not being fully prepared from the day before. And that I think is similar to the ethosy you guys have got here. 100% What was that paradox to be solved dichotomy to be managed thing? It was actually I got a book, you know Esther Perrell. Yep. Yeah, so she talked about desire and basically, you know a lot of people think like wanting more desire or having You know not having enough security or not having enough desire are like problems to solve like I need to feel more secure with my spouse Or I need to feel more desire with my spouse and she said it's not a
Starting point is 00:36:20 Problem to be solved but a dichotomy to be managed and she kind of went on a little rant How people in America always want to solve these things thinking everything's a problem to be solved but a dichotomy to be managed and you kind of went on a little rant how people in America always want to solve these things thinking everything is a problem where is there not problems that is dichotomy that needs to be managed and I took that I was like wow this applies to everything I see in business things in your personal life things and pretty much everywhere where everyone's like how I solve this problem you like it's not a problem it really exists like on a pendulum and you want to make sure that it doesn't swing too far one way or the other but but that you're able to manage it so it kind of just stays in the middle of all points in time. And I think that a lot of humans are really good at getting something to one side, we're getting something to the other side, but they're not great at keeping things in the middle. It's like moderation is actually usually harder than going to one extreme. So we just probably both use that a lot with different aspects. Yeah, and just for the audience, for example, here, it's like a dichotomy would be like justice and mercy.
Starting point is 00:37:04 They're both ideals, but you don't want to solve for perfect justice because then most people would say that that's probably not perfect justice in absence of any mercy is probably not the ideal outcome if we're just talking about values perspective. And so the same thing can be translated in business language, which would be like delegation versus micromanagement, right?
Starting point is 00:37:23 Okay, well, these are two extremes. Like we're not solving to eliminate delegation, we're not solving to eliminate micromanagement, we're solved our abdication rather. We're trying to find the middle ground, so it's a dichotomy to manage whether to problem it be solved. I think that a lot of humans, when you see something, you immediately label as a problem,
Starting point is 00:37:40 and then you overcompensate to solve it, which then swings you in very far in one direction. You know, it's like you don't perform well on something and so you think, I'm a piece of shit, I'm a failure x, y, and z. I need to go take a course on this, get a code, do all these things, but it's like, really, maybe you need to tweak two things. Or maybe it's not even a problem to be in with. Yeah, maybe it's okay to suck. Maybe it's okay.
Starting point is 00:37:59 This is the narrative that we come back to again, right? The framing that you put through things. If you want a lot more control, if you want to be able to fix the problems, then you're going to see every dichotomy is not just a little bit of discomfort that is powerful, the course of being a human, maybe a human trying to run a business with a family, with a life with some pursuits and some hobbies. It's like, yeah, obviously there's going to be, there's going to be paradoxes in there. Obviously, like, there's always going to be things that are difficult for you to work out. So given the fact that you are at least preferences with your acceptance over the top of it,
Starting point is 00:38:31 how do you avoid losing focus throughout the day? I wouldn't like to guess how many opportunities and phone calls and different things and bits and pieces you guys have potentially got to do. What is it that you do to ensure that the day stays focused and that the things that need to get done get done? We have different ways of running our days dramatically different. And I think part of that is because of the nature of the work that we do is somewhat different. And so for me, I've probably only had two habits that I would describe the majority of my
Starting point is 00:39:01 productivity to. The first one is that I wake up early and I begin to work early. And for me, that has worked. I think it's more, but I also have multiple friends where a billionaire is who, they work really late at night. And so I don't think it's like mornings are important or evenings are important.
Starting point is 00:39:18 I think what's more important is to have dedicated time to think without distraction. And so for me, it works better in the mornings. And so that's habit one. And habit one paired with habit two which is that I don't take meetings before lunch. And so I will have between 5 a.m. until noon roughly to have seven hours of more or less uninterrupted work to do whatever it is that I want to do to move things forward, to work on projects, to create S.O.P.s presentations, whatever it is. And then after do to move things forward, to work on projects, to create SOPs, presentations,
Starting point is 00:39:45 whatever it is. And then after that, I can correspond with the team, respond to slacks and emails and all the other things that kind of pull you in a million directions. And I've been more or less doing that for years, and that has worked for me. I don't have any other... But you have it besides that.
Starting point is 00:40:01 Your job role has changed, right? You've done different things throughout that time, but you've found that that same get up early and avoid interacting with other people until around about midday has served you well across all of the different domains that you've had to do. Yes, and I would still even say, even though my role has changed,
Starting point is 00:40:17 the nature of my work is not too dissimilar over that same time period. What I was working on might have changed, but the nature of the work has not. And what's the difference for you, Laila, what do you do? I think because the nature of my role, you know, I need to be a little more available to people on a little more. Not in a cupboard. Not in a cupboard, yeah. I try to also keep my mornings clear, at least like early mornings, because I know that I have my list that I you know I always have a working list based like backlog what I need to get done this week and then today and so it's like
Starting point is 00:40:49 I try to get my today tasks done before I start my meetings But if I don't because things pop up and I got a hot bottom meeting at seven or at you know six thirty or whatever it is then I will and I'll just be flexible in terms of like I have my things that need to get done But I can be flexible when they get done That makes sense and then I would say that in terms of staying focused, if I'm looking at all the things that pop up during the day, if I'm feeling like I can't get done what I said I'm going to get done for that day, then I'm not thinking strategically enough. What I'm typically not doing is I'm not thinking who else can do this besides me.
Starting point is 00:41:18 That's usually when it's when I can absolutely get these things done. If I focus on the most important ones that only I can do, and so what I'll do is I'll look at my list if I have like 17 things, and I'll say these are all the things I'm gonna delegate, and here's what I'm gonna do, and then I just go do it immediately, and then I go back to focusing on my thing.
Starting point is 00:41:35 And so. I was gonna say I've just observed Leyla doing this, I just to give more context for the audience. She has now tuned her like muscle to whenever she gets this level of, I don't want to say overwhelmed, but backlog of stuff that needs to be done that I would say earlier days having observed her, she would just like, stress out, sleep last, try and get it all done. And now she uses that as a warning flag or red flag, which is like, oh, I probably needed to delegate this stuff. And so, her auto correction cycle has sped up faster and faster since we've been together
Starting point is 00:42:09 doing this. There's just a threshold that you meet, and at that point, you start kicking some stuff out the side. Yep. Yeah. Yeah, and I think, honestly, it's usually a little bit reactive, unfortunately. I should have been delegating those things anyways because my team has capacity, and it's an opportunity for them to learn and to take on more responsibility. And so, I'm doing them a disservice when I forget to do those things anyways, because my team has capacity, and it's an opportunity for them to learn and to take on more responsibility.
Starting point is 00:42:25 And so I'm doing them a disservice when I forget to do those things. But it's, I'm probably in a season right now where for a good amount of time, it was like me doing everything. And then, you know, because even though we have all, you know, we have the resources to, like, we could have built a team of, you know, 50 from day one,
Starting point is 00:42:44 that doesn't make sense for a business. And it's and in my opinion, it's not the right way to build the business if you want the outcome that we want. Like I do not think that everything's shapped at once. I don't think that hiring 10 or 15 people overnight is ideal. So we're trying to do things gradually and I'm okay with being in some pain doing that. But I have to also then remind myself, like, oh, you've been in the habit of doing a lot. Now you've gotten to get in the habit of starting to delegate more. Because when I left in the launch, I was only delegating. There was barely any doing.
Starting point is 00:43:08 And then I had to switch back to doing. And now it's kind of like a mix in the middle. When it comes to hiring people, whether this be for personal or for business, what are some of the most important things or roles to hire for when you begin to start making money? How do you outsource your life in a way that facilitates you guys to do as much as you can? I think general advice for people would be
Starting point is 00:43:33 that the first thing that you want to do is you want to outsource anything that's non-revenue generating. So a lot of people, because they're spending all their time doing sales or marketing, they think I should go get somebody to do sales and marketing. But in reality, you don't want to outsource the thing that makes the money and that you're good at. You want to outsource the things that you're bad at and probably aren't making money. Like the fact that you're probably doing grown books,
Starting point is 00:43:54 the fact that you're answering all the customer support questions, the fact that you're the primary source of value or innovation in the product. And so I think there's a lot of things that you want to outsource first, and it's usually things that you suck at, and don't like doing, that's what I usually like to say, and then adding on top of that, that are non-revenue generating. So it's just like, do you suck at it?
Starting point is 00:44:13 Do you hate it, and then does it not generate revenue, then it probably makes sense to outsource that first. What about personal life? Chef, cleaner, Gardner, Masus. Yeah, except I think there's trade-offs, which is like, we've outsourced everything. We've had house manager and stuff like that. And we do outsource a lot like cleaning and food
Starting point is 00:44:33 and things like that. We just don't eat much besides dinner. But it's at some point when you outsource so much then you actually have a team you're managing. So what you have to kind of ask yourself is, would I rather do the thing or would I rather manage the person? Like I know for us having a house manager and having a big house, like we literally are not getting a house because people like, dude, you don't have to manage your own house.
Starting point is 00:44:57 I'm like, oh, we're aware, but we don't want to manage the people that are going to be running the house. We still care enough. There's a lot of extra decisions that have to be made constantly on the house. Like you've got, I mean, if you have a bigger home, you've got landscapers, AV guys, the pool guy, the cleaners, the laundry people, like the cooks, like there's all these other things
Starting point is 00:45:15 that people don't think about. And, you know, we did it and we're like, this is terrible. Like I'd rather have a tiny footprint and have, and just, and we get our food delivered, we eat it, that's it, it goes straight in the trash, we dump it down at the next, the hallway, at next the elevator, done. Like, it's all, you know, in the cleaners come twice a week
Starting point is 00:45:35 when we're not here, it's just simple. I think optimizing for as little friction and as little annoyance as possible, especially if that's, like, you can't get away from the annoyance in your business, that's literally what you're paid for. You're paid to make difficult decisions, right, that are hard to work out.
Starting point is 00:45:51 And then to come home and find out that power loads not being this week, so they've had to get somebody else in to do the pool and that's been a nightmare. And do you, like, the payment's not gone through? Oh, it's because someone changed it, I can't like, no, no, no, no, no, no. Yeah, that does make a lot of sense.
Starting point is 00:46:05 Although I didn't think about houses that were so big that you basically need a second business. Yeah, in order to... You need a staff. Yeah. Right, and then you have your own problems, that's staff. We on time, we were running our quarterly meeting and our house manager, we've had for like five months,
Starting point is 00:46:20 I guess her boyfriend broke up with her. So she comes in, we're running the quarterly meeting, just a brick and mess, make up everywhere, falling,, we're running the quarterly meeting, just a brigand mess, makeup everywhere, falling, and we're like, Howling, really like howling. Yeah, it's almost like scream crying, and we're like, and then we're like, obviously we would send this woman home,
Starting point is 00:46:34 but we had a huge delivery of gym equipment coming that day. And so we're like, you know, we're running this quarter of me and we're like, just sit in the garage and just tell them not to break anything, please, and she's like sobbing. Carrying kettlebells in like wiping tears away with kettlebells and stuff.
Starting point is 00:46:49 This is not even an exaggeration, yes. And so, you know, it comes with its own. It's like if you want to have, we would just rather not have enough stuff that we need a lot of people to outsource it to. Would you say because you guys had nice houses, Austin, Fancy car last year, got rid of it all. I've been playing around with this idea for ages about your materialism set point.
Starting point is 00:47:12 So kind of like a degree of manifested wealth in the things that you have that impacts your level of happiness. It seems like you guys kind of tested the war at last year to see if having more stuff would make you happier. And the answer came back as a resounding no. Is that right?
Starting point is 00:47:34 More or less. And I would say it wasn't like we tested it last year. I would say it was slowly accumulated and then we just looked around and we're like, I, and, you know, we traveled, not that long ago to a, just a tiny little place and we had been only And we traveled, not that long ago to a, just a tiny little place and we had been only in our massive house for a while, and we were there for a few weeks
Starting point is 00:47:51 and I was like, I don't need fourth of this. Like I like not having all the excess. I feel less wasteful, and I remember when I threw away like 90% of the clothing that I had, I felt better every time I walked into my closet and I was like, man, this conferred, not even neutral. It was a negative, like having more stuff was negative. And so that was kind of eye-opening, at least for me. And Laila and I have slight differences in preferences around those things. And so those are a little bit more individual. But for us, I think I probably have a lower
Starting point is 00:48:17 materialism set point than Laila does. Mine is arguably very... but it's odd. You understand that most high net worth individuals, that's outwardly expressed, right? And not through, like, yeah, that they've, you know, like, you were worth a lot of money, it's obvious that you're worth a lot of money. And not through like real niche things, like expensive flannel shirts and like,
Starting point is 00:48:39 you know, trips away with friends and stuff like that, like through actual ostentatious, like, horse shit. So yeah, I wonder whether it's kind of back to the start, you know, how away with friends and stuff like that, like through actual ostentatious, like, horse shit. So yeah, I wonder whether it's kind of back to the start, you know, how you were talking about people become rich and then they start sort of obsessing over certain things. I wonder whether there's an expectation that when you're rich, you do the things that rich people do. What do rich people do?
Starting point is 00:48:58 Or will rich people blow loads of money on art that they don't care about and multiple homes and blah, blah, blah. I wonder whether there's an expectation effect going on there. And you know what the thing is, is like, it's just not stimulating. Like picking out like random pieces of art, like what chandelier are we gonna import from Italy? Like the stuff that some people that I know,
Starting point is 00:49:16 like kind of focus on, I'm like, it's not enjoyable for me at all. Like it just is not, it's not stimulating, it's very boring, it's almost like drudgery. Yeah, we're not fans. Some people are though. I was having, we had a conversation earlier with a friend of ours and he was talking about cars.
Starting point is 00:49:31 He loves cars, so he has multiple frories and all that stuff. And I was like, you love this. I was like, I don't love this. But if I had a at home gym or we built a gym in the office, I do love having great gym equipment. I enjoyed that. The cost to benefit ratio is in my favor to obsess about it I do love having great Jim equipment. I enjoy that. The cost to benefit ratio is in my favor to obsess about it. I'll look up new equipment.
Starting point is 00:49:49 I follow equipment, things to see what new equipment's coming. I like it. I understand it. It's just for us, I think it's making sure that the reason that you're buying it is because you want to buy it, not because you believe you should be buying it. I like certain expensive clothing or jewelry, and I'll buy it, but like, it doesn't, like, it's not like I'm doing it for, I do it for myself, you know what I mean? Like, people are like,
Starting point is 00:50:12 oh, you bought that because of X-Y, I'm like, when I was a kid, I had like fake lingo over it. I love shiny, big things, so like now I can buy real one sure, I'm gonna buy it. Well, it's the same with going out for nice dinners, right? I think that's one thing that very few people ever regret doing. I have never regretted, unless the dinner was of terrible quality, I've never regretted going out and spending a lot of money on dinner. Going back to sort of the decisions and stuff,
Starting point is 00:50:34 I'm really interested in this tension between sort of thinking and feeling that you guys have had when it's come to making decisions. So it seems like a lot of the decisions have been made with an insight of thinking, right? There's a bit of inspiration there, but a good bit of just sort of good and commitment. The way that you guys met was you basically saying, you want to start working together. And then from there, very quickly, Layla is going around collecting cash for you on your behalf. Like that, you can't have thought your way through all of those things, right? You can't have logically played out every single step.
Starting point is 00:51:08 So there has to be a little bit of insight and then a ton of guts that just says, yeah, we should go for this. Or you up sticks and decided to move to California to go and work in some guys' gym and you just rocked up and he wasn't even expecting you. Like that again, it's a little bit of insight but a ton of guts. And increasingly I see, maybe it's been since COVID as well. A lot of people are in their own heads,
Starting point is 00:51:29 people are very cerebral, they rely on cognitive horsepower to get themselves through things. And that stops them sometimes from tapping into that more sort of good, intuitive sense. Is that attention that you ever feel sort of knowing that something's right and stopping yourself from talking yourself
Starting point is 00:51:43 out of something that is good? This is definitely something I'm sure Laila and I will both enjoy jamming on. At least I am of the belief that you learn a lot more through doing than you do through thinking. Not to say, not to counter what I was saying before, but like from a learning perspective, you learn more from doing. Now there are some lessons that are worth not doing, not learning without doing. You're right. But I think that both of us would agree that when we are afraid to do something, and I would say it's a fear, it's not like jumping out of a building. That's the good fear. But fear of failure, fear of risk, like starting a business. I mean, there, I guess there is some sort of gut reaction that has to happen.
Starting point is 00:52:27 I feel like this is a poor answer that I gave actually. A gut reaction is in... Yeah, I think I gave a poor answer. You know, I know for myself at least, like I've never... It's, you could say it's gut to like, maybe pull the trigger, but it's probably things I've thought about for a long time. So when I moved to California, immediately after I graduated, that makes sense to move
Starting point is 00:52:53 to California because logically, I know that the industry there is booming that I want to be in, so it makes sense to move there. When I met Alex, he literally fit the bill for every single thing that I've been looking for in someone, and I just knew, I see you, you see me. And I just knew that like, I'm like, Leila, if he matches everything that you've been looking for, like why are you waiting on this? Like just do it, you know?
Starting point is 00:53:14 And so I think it's usually been, there's supporting evidence. And it's like, there's supporting evidence that's obviously there, but my brain is going crazy usually being like fear, fear, like a scared, fear of unknown. And I just say like, oh my God, my brain is freaking out right now, but I am totally aware that this makes no logical sense. And so I'm able to talk myself into being like,
Starting point is 00:53:34 my brain is making at least wacko stories again. You know, it's not like I'm telling, I'm not saying I'm crazier making wacko stories, but my brain is making them up. I'm like, you've got to go do it anyways. And so I think for me at least that's usually how I've got myself take action. It's just like, I pay like, you've got to go do it anyways. And so I think for me at least that's usually how I've gotten myself to take action. It's just like, I pay attention way more to the evidence
Starting point is 00:53:48 in the situation rather than the belief that I may have because oftentimes the belief comes after you do something. You know, I think most things that I've done in life, I have not believed that they would be possible until after I did them. Even now, it's like, I know, this is my thing. It happens every business we have. I'm like, we lay out the numbers,
Starting point is 00:54:03 and it's like, here's what we're going to get to it. And I'm like, yeah, it makes complete sense. And mind. I'm like, oh, I don't think so And then we get there and I'm like, oh, that's nice It's like every time still like I still and a lot of people I think think you have to have the belief You gotta believe in yourself to do it. I'm like, no, you don't like I have not believed there's so many of the things that I've been able to do and to it like a very large degree to And just as a one-liner, like we are of the belief that it doesn't take time to make decisions, it takes information to make decisions.
Starting point is 00:54:32 And if you have the information to make the decision, then you should make it. And so a lot of people will belabor decision when they are not gaining more information to make it. Now, if you have emotions that are involved and you wanna decrease the time, so that you can be less emotional, then I can understand that.
Starting point is 00:54:46 But, decisions, time is not a requirement of decision making, like information is. And so if you have the evidence that would support it, so that's probably to delineate what I was saying earlier, like good fear, bad fear. Like, if you have the evidence that would support that this is a good decision, then if you still have fear,
Starting point is 00:55:02 then that is more fear of the unknown, or of the hypothetical, which is not knowable. We don't know what's going to happen, but we have this evidence that would support that this decision makes sense. If we still don't want to make it, that is not logical. And so it's making sure that we can recognize that life logical versus a logical fear. I saw a tweet from you a little while ago saying, nine months in today's Laila, I lost everything I had. I said it orn said, I'm a sinking ship. If you want to leave me, I 100% respect that.
Starting point is 00:55:29 At which point, she grabbed my chin to tilt my head up to meet her eyes and said, I'd sleep with you under a bridge if it came to that. What's the story there? Ah, the Layla now excels. So I had a chain of gyms. Layla came in. She started collecting cash from me, I wanted to start the gym lunch business. I started flying around doing these launches, they started working, she quit her job, followed me, we started doing lunches together.
Starting point is 00:55:54 Series of unfortunate events, they're multiple, I'll tell you, there's three big ones, but there's like six big ones, but I'll give you the highlight version. I had a head on DUI that I got an head on collision. Right after that, I put all the money from selling my five gyms into a new company, and then the partner that I had in that new company
Starting point is 00:56:15 ended up taking the money. After that, I thought we were like, okay, clean slate, we lost everything, you know, we're at zero, and we then did another launch to give us cash to do the next business We had about a hundred thousand dollars are supposed to come in which when you have zero like a thousand was a lot Didn't come got on the phone with the processors like every single day for 10 days straight And then finally and they kept giving me the runaround and then on that day they were like, oh We're not gonna give it to you and so the last one money that I had was at $23,000 left to my name.
Starting point is 00:56:47 I owed the salesman who had made $100,000 in sales, $22,000 in commissions. So I had $1,000 left. And so I paid him the $22 on money that I hadn't received. And so the next day, and this is Christmas Eve, so on the 26th, and that's when I found out, mind you, at this point is when I I'm meeting Laila's family for the first time. The guy that's from the internet that she quit her job for and are immediately sleeping together in motels around the country. So her father loved me, Dr. Grosch, for the win. This guy's a winner. And so I had now lost everything multiple times. He was
Starting point is 00:57:19 like, this guy knows what he's doing. And so, Christmas, you find out that we're not gonna get the money. Christmas Day happens. And on the 26th, she had gotten six of her friends, pretty all of her friends from high school, to quit their jobs, to start the next business with us. And this is before I didn't know that I wasn't gonna get the money to start the business. So they had all quit their jobs.
Starting point is 00:57:38 And it was starting 48 hours later. And for that model to work, we were gonna spend $3,300 a day per day on advertising, hotels, airfare, rental cars, per diems for food for all of these sales guys, all six of them to fly out to these locations and then do the launches that we were doing successfully. And so it was at that moment where I said, I have a hundred thousand or a limit on this credit card, which I still had from my gym, that the MX hadn't canceled yet. So for whatever reason, I still had the credit limit.
Starting point is 00:58:08 They didn't know that my life was in jambals. And I'm at her parents house sleeping in their room, because we couldn't afford anything. And at this moment, I was like, okay, this kid go horribly wrong. I'm about to spend, I'm going to be going into debt at $3,300 a day. And given my track record up to this point, which has been now all failure, I think it would be wise for you to exit, because this is probably not gonna be pretty, but I really don't know what else I'm gonna do,
Starting point is 00:58:38 so I'm gonna do it. So when I, it was like, I think I'm a sinking ship right now, like nothing else has worked, and so like, I respect you if you to dip out, like I were cool. And so that was when she said she would, she would stay with me. And so for me, that was a big, a big moment where I knew that she was, she was going, she was willing to hang with me when she was going to be hard. And I knew that where I wanted to go was not going to be calm waters. And I knew I needed somebody who wanted to be next to me
Starting point is 00:59:05 and would want to weather those storms. And so a lot of people can claim that very few people can walk it and she did. And so she gave me evidence to support that. And so I felt, I mean, for us to get married after that, both of us were like, yeah, I think we should get married. And we didn't have any stress about it. And she got married six days later.
Starting point is 00:59:23 And it was not from that point, but a few months later. And so it's been the same since. I was that from your perspective, Layla. You know, I think there's a few things which is like, you know, when I, when we started doing everything together, you know, not to sound, you know, I'm super young. Alex has like a lot going on. It was a lot of chaos. And I didn't know how he was going to turn out.
Starting point is 00:59:49 And I just kept, I kind of just always play out worst case scenario. Like, worst case scenario is I end up at my dad's house like, hey, I like stop doing everything I was doing. I gave up all my clients. I like, stop pursuing my own stuff. Start to do this thing with this guy and it didn't work. And so what, I start over like I'm 23, who cares? You know, I've gained a ton of experience and a ton of knowledge and I've had a lot of good, you know, takeaways from that stuff.
Starting point is 01:00:10 And so that was kind of my mind-sick way and everything. But then, you know, upon like getting to know Alex and seeing everything, I think I just had like this unwavering belief in him despite circumstances. Despite evidence to the contrary. Despite evidence to the contrary. And honestly, I think that the way that I saw it was I was like, he's so brilliant. I just don't think that he has been surrounded
Starting point is 01:00:33 by the right people. Like I think there's a lot of people that are around him that didn't necessarily amplify his strengths or maybe took advantage of his strengths or maybe, yeah, I want to say, and not everyone, because he had some really great partners, but there were some that I think, you know, we were both young, it's just like,
Starting point is 01:00:49 and I was like, if he just was in a different situation, didn't have 17 businesses, and had people who actually really believed in him and supported him, like I really think that he could, he's gonna do something huge. And so, I think I just always saw that, and I always wanted to be the person that could help bring his vision to life just because
Starting point is 01:01:06 You know, and I have I probably have more vision now than I did then but But I've always wanted to be the person I could do that for somebody that has that He has so much to give that I think when he said that it was almost like funny to me I was like I'm not going anywhere, you know because I could just see it And I remember there were so many moments where it was really tough for us and I could just see I was like I just know that there's a version of us that gets out of this and is great because I could just see it. And I remember there were so many moments where it was really tough for us. And I could just see, I was like, I just know that there's a version of us that gets out of this and is great together.
Starting point is 01:01:30 And I think that we can make some really big shit. And I think that just seeing the amount of progress we were even able to make while going through all that stressful stuff, I was like, imagine what it would be like we don't have these kinds of circumstances. How much progress we'll be able to make in our lives and in our relationship and in our business.
Starting point is 01:01:46 And so I think it's, you know, just being able to see the worst of someone, but still see the light in them. It's not hard. I think, you know, everyone now is like, you bought low, like most of the unit coming. And I was like, Can you stock, yeah.
Starting point is 01:01:59 No, he was an idiot. No, I think it's just, you know, I see it a lot. And we see a lot in the like people that have businesses, you know, where see it a lot and we see a lot and they're like people that have businesses, you know, where we pick the businesses in access.com. It's like, I see it in so many of them and they probably resonate with Alex. Like, they just see the right people around them. They've got people who are taking advantage of them. They've got people who don't understand them.
Starting point is 01:02:16 They've got people who are telling them their dreams are too big. And it sucks. And so I think, you know, I just always wanted to support someone who does have that like big creative vision like Alex does. And that means also being there when shit sucks. And so I think, I just always wanted to support someone who does have that big creative vision like Alex does. And that means also being there when shit sucks. And mind it, this was the first seven months of us being together. Like that, everything I just said all happened the first seven months of us being together.
Starting point is 01:02:36 And I remember, there were a couple of refrains that we went back to and she was like, think about how epic this story is going to be. Like when we make it. You know what I mean? Like how cool is that going to be, you know, for us? And so that was, that was always like very powerful. And I think I always valued loyalty above love. Because I just, like, me personally, it was just something that was very meaningful for me
Starting point is 01:02:59 because I, she was just always down. You know what I mean? And like, I was like, this fucking might not work. And she's like, cool, let's go. You know what I mean? And like, I was like, this fucking might not work. And she's like, cool, let's go. You know what I mean? Like, giddy up. And like, in my first book, I said, like, writer, die. And I mean, I've very much like,
Starting point is 01:03:17 Layland Iron Out religious, but in the Bible, there's only one thing that it says about picking a mate, like literally only one. Everything else is about marriage, but only one thing about picking the right person. And in it, it's an Old Testament verse, and it says that you should pick someone that you would go to war with. And I think that's a really interesting frame to think about for like selecting a mate.
Starting point is 01:03:37 And it felt like we were going through a battle the entire time, and I can say truthfully, like the first 12 months of our relationship were significantly harder than any period that we've had since. Most people were like marriage gets harder over time. It hasn't been that way for us. I'm not trying to do anything, but I mean, the first 12 months were tough. And so we're like, well, if we can get through being broke, multiple times, losing everything,
Starting point is 01:03:59 stab in the bag, DUI, my mom was in the hospital after I'll just put it out, just tough circumstances, all of that. In that same period of time, if we can get through that, then like the rest of it should be easy. Which has been true. Which is more or less, I'm sure. That's a baptism of fire. If you start it off, so difficult that nothing after that can be any more difficult. We can only get up from here, you know? Yeah. That's what I kept telling you.
Starting point is 01:04:28 No, I can't get bored. How do you, so one of the things that you talk about is the fact that you've obviously got this sort of collaborative vision you guys are working together, even though you try and separate your days a little bit, which I think is quite interesting, that you're working separately so that if you sit down at dinner on a night time, you can actually say, how was your day?
Starting point is 01:04:47 And you don't just go, you were there, idiot. I was with you. How do you avoid becoming bros instead of lovers? I think that's been something that has taken time. I think that in the beginning, it was a conversation that we would actively have, which is like, I feel like we're spending so much time together. I think it's because we also hadn't really figured out how to separate things, how to distinctively separate our roles, how to come into, there's the things we do together, and the things we do apart, we have our own interests, and things like that still. I think now we've come to a point where we're much more defined in terms of what each of us do and then what we do together.
Starting point is 01:05:32 And we have a lot of shared interests, which is really nice because that means the outside of work, we have things that we enjoy, both enjoy as well. But we also have things that we like and do differently. You know, like if people to observe us on a daily basis, they would think they are very different and a lot of things they do as well. And so I think the way that you don't become that
Starting point is 01:05:49 is you're always looking at ways that you can add in variety. And I think that the ways that we add in variety are doing new things together especially. You know, I think that if you're doing constantly the work together because all people as spouses, you know, they're working together, doing that same stuff, what you want to do
Starting point is 01:06:04 is like go travel together, go do new restaurants together, go watch a new show together, go meet new friends together. And so it's not that you need to change anything about the work, but probably adding in things of more variety to your relationship.
Starting point is 01:06:17 And so I think, like, us, I love when we travel together and we go meet new people together and we go do new experiences together. And I think we do a lot more of that now than we use to because I think one, we both just like it. But also, I think that's really good for a relationship. And if we didn't have, you know, the means that we have now, I would still do the same thing. We just do like stay-cations, you know.
Starting point is 01:06:36 You spend 100 or 200 bucks for a day or two at a hotel for the weekend, just, you know, 30 minutes away. And it just, it feels like an entirely different experience, even though it's not that far off. And little things like that, changing the environmental conditions can still give you that kind of novel variety. And then I'm really more quoting Layla here, but it's just creating space to be missed. I think if you've been with someone for a long time,
Starting point is 01:07:00 and then all of a sudden you don't see them for a week, you're like, oh my god, when you see them again, you're like, I just fucking missed you. I love you so much, my god, this is great a week. You're like, oh my God, when you see them again, you're like, I just fucking missed you. I love you so much. My God, this is great. And so it's like, how can we create, how can we purposely separate our days? Like we always work on separate sites of our home.
Starting point is 01:07:15 We really don't attend the same meetings. We pretty much have our meals together. So we have coffee in the morning, we have lunch, and then we have dinner. Dinner, we usually go out to different places if we can. And so we try and create variety in that way. And because we also don't work on the same things, at the end of the day, we catch up. And so we go for a walk for 45 minutes and she's like, oh yeah, I interviewed this new
Starting point is 01:07:35 candidate. I was like, oh, how'd that go? I was curious how that went. So we have all these novel things that we can talk about because we're not actually literally doing everything together. I think those are different phases in the business. In the beginning of any business, we have way more overlap.
Starting point is 01:07:47 And that's just because the nature of the teams are smaller, roles are less defined, so we always have more overlap. But I think what we've gotten way better at too, just to kind of like, it's a little tangential, is kind of switching between like, you know, co-CEOs versus husband and wife. So like how we are, and know, I hope one day we can get comfortable in the front of the camera to be how we actually are. But like how we are outside
Starting point is 01:08:10 of work and outside of like things that are public facing is like so much more affectionate and playful and lighthearted and funny than it is how we show up at work. And so that was something that we're really intentional about. I want to say about three and a half years ago is learning how to switch between those modes because you're going to be in a heated discussion. We have a lot of things we disagree on in the business, which is why we come to good decisions because we disagree. But then we have to be able to be on a meeting where we disagree and then get off and then be husband and wife.
Starting point is 01:08:41 Not that we have to, but that we prefer to. Because we want that aspect of our relationship as well. We like both sides. And so that's been saying that we intentionally worked on kind of like husband hat, you know, CEO hat, which one are you wearing? It seems like there's a compatibility problem that a lot of people in businesses get to. So my business partner for 15 years was the first guy
Starting point is 01:09:02 that I ever sat next to in university. My first ever seminar and 15 years was the first guy that I ever sat next to in university, my first ever seminar, and 15 years later, we're still business partners. And we have had, it can only be described as sort of marital problems. Like, that's it, even though he's married with three kids and two dogs, the level of vitriol in some of our arguments, like personal insults, the way that he used to squeeze the toothpaste tube when we lived together in Edinburgh, like 14 years ago, anything, I will pull anything that I can out, right? I've always been like this, but there is something really unique about our ability to reset, we'll go completely wild, and then five minutes later, one of us will go, do you want a coffee?
Starting point is 01:09:45 And it's done. And I don't know what it is. I genuinely believe that it's something like beyond, you can't just think it. It's like a compatibility when it comes to personality types and the dynamic between the two of you and the power play between the two of you, that there is no residual. I've had arguments that are 10% is bad that have lasted for 10 times as long in terms of the after effect and the lingering resentment and bitterness and all that sort of stuff. And then there's just people that you have those with and they just dissipate. They go away into the ether. So yeah, I think that just straight up compatibility is probably a big part of that.
Starting point is 01:10:22 But the unique thing is that you guys have to have compatibility squared. It's like, not only do we need to be compatible within the relationship, but also within the business and also within the relationship between those two. I think if you can do a business partnership well, where money is always present and other people are always involved. So like you think about the variables that create problems.
Starting point is 01:10:41 And the number of decisions that you have to make in a business in a Grian compared to the number of decisions you have to make in a marital life. I think they're far more high-stake decisions in a business than they're on a marriage. Are you saying that I should have married my business partner? I think you might have considered it. And so I think that in many ways I feel like the marriage has been significantly easier than that. Well, I don't want to say the marriage has been easier than business.
Starting point is 01:11:05 I think that the skills that we learn being business partners just directly translated to being married. It honestly is. I think it's forced us. I think our communication has gotten so much better, so much faster than I think a lot of people probably experienced because we had the pressure of the business, so we had to learn how to, in that setting, which then translates over to the personal setting, like, it just can't not.
Starting point is 01:11:27 And so the way that we give feedback, the way that we encourage each other, the way that we deliver news that we don't want to to each other, I mean, it's all just kind of one. If you talked about kids, we have. That's gonna be. Talked about.
Starting point is 01:11:44 Yeah, yeah, yeah. Offward if we hadn't. We have. That's gonna be. Talked about. Yeah. Yeah. Offward if we hadn't. Yeah. No, we have talked about kids. We're right now we're in the, in the no kids camp. Not that we have any belief that it's wrong or it's bad or it's, but what, like people,
Starting point is 01:11:59 I say this for the audience because a lot of times if people express their opinions about kids, people take it as an attacker and insult on their choice, which is not our thing at all. At current, we have things that we would like to do that if we had children, we would be precluded from doing. And we don't think that we would give up those things. And if we had the kids, then we wouldn't be the type of parents that we would want to be for them. And so, given what we're at right now, our age, our goals are, it is not a priority for us. It's the same reason that I don't have a dog. I absolutely love dogs.
Starting point is 01:12:35 I'm not comparing toddlers and dogs, but I absolutely adore dogs. I've been around the mind the entire life. They give me more joy than any single other creature. But I watched my mom and dad and the way that they treated our dogs and the sort of life that they got, the frequency of walks and attention and food and diet and everything. And I know that I'm going to end up resenting the dog in a little way. I'm going to end up resenting you because it's put a rate limiter on what I can do with my life. And the only way that I can live the life that I want to live is if I treat the dog in a little way. I'm gonna end up resenting you because it's put a rate limiter on what I can do with my life. And the only way that I can live the life
Starting point is 01:13:06 that I want to live is if I treat the dog in a way that would make me feel completely disgusted with myself. So there's this like, whatever, no man's land in between the two, right? And you know, people go over to one side or they go over to the other, but yeah, kids and dogs, that's, so given the fact, you know,
Starting point is 01:13:22 a lot of people, a lot of people, especially couples see their future investment as the kids, as the family, after having spent a good bit of time building up businesses and then reflecting, what does a good life look like to you now? Yeah, I mean, it's kind of funny, because I think a lot of times too when people ask us like, well, don't you want to have kids because like, what's the bit of your life? And I'm like, the bit of our business and our life are not one, they're not like separate
Starting point is 01:13:52 things. So I think we've kind of intertwined our mission with what we're going to life to look like into our business. And so that's why we're okay, like, immersing ourselves in it completely. You know, since to us, a good life is to have challenges that are worthy of our time, right? Like things that we enjoy, but are challenging and hard. And I think that for both of us, it doesn't necessarily mean being comfortable and happy all the time. It means feeling fulfilled and like we put in a hard day's work. And so I think for both of us, that's probably what
Starting point is 01:14:21 it looks like to have a good life. And to be a person of integrity, like for myself, to have my thoughts aligned with my words on my actions, it's really important to me and same with Alex. And so to just always make sure that like I want to have a big impact on the world, if I do not align my thoughts, my words, my actions, then I will not speak that into the world, right? And so you have to kind of get your shit together in order to put it out there. Otherwise, I just wouldn't feel right about it. And so like in terms of what the life looks like for us, you know, we focus much more on like the impact we want to have on others, not necessarily the gain in which we will accumulate for ourselves.
Starting point is 01:14:57 So like we're not like, oh, we want this enormous house with all the stuff in the woods of Montana and this and that, you know, I think what we've kind of said is we would like flexibility. We would like the opportunity, right? Like what it is, I think, is we all want the freedom to have flexibility. And so if we wanted a big house, we could have one. If we wanted to live in Montana, we could. But it doesn't mean we want to. I think we both like options.
Starting point is 01:15:21 And so I think optionality is probably a big one for both of us. Having kids not having kids, I don't think that that would, that's not like a necessity in what we want our life to look like because I can make an argument that we'll have more impact if we don't have kids, because we have more time allocated to the mission. And if you look at, you know, Tony Robbins talks about the six human needs. So you've got consistency, variety, growth and contribution, and then you've got recognition
Starting point is 01:15:52 and connection, right? And so, what it said, consistency and so to certain, you've got to do it. So there's six human needs, right? And so most people oftentimes women will not be as satisfied in all six of those arenas if you rank them on one to 10. And so having a child will fulfill those needs, right? And so most people oftentimes women will not be as satisfied in all six of those arenas if you rank them on one to 10. And so having a child will fulfill those needs, right? The flip side of that is more often men will have other things are more satisfied by their work because more of their needs are met by the work that they have, right? And so within the dynamic that we, you know, sit in, the business that we're doing right now
Starting point is 01:16:21 with acquisition.com, you know, if we talk about certainty and variety or consistency in variety, we get both of those to the business. Talk about growth in terms of us personally getting better, and then also contribution because the nature of how we've built it is, it's all about document and sharing the best practices. Then you talk about love and status or love and recognition. We get plenty of recognition from the business for the things that we do.
Starting point is 01:16:46 And then the love we have within our marriage. And we also love the work that we do. And so in many ways, the business fulfills all of the needs that we have from a human perspective. And so we don't feel this whole that many people do, not to say that it's right or wrong, just saying like, we haven't felt this pool to have kids probably as a result of that.
Starting point is 01:17:07 Yeah, and that's actually something that, when we met with Tony Robbins, it was like a few weeks ago, we went to, he was coaching people in front of us for like eight hours. That was one of the things I learned about myself, because I have no problem with the fact that I'm a desire to have kids right now.
Starting point is 01:17:20 A lot of people are like, you don't want kids, and I'm like, I don't know why, but I don't, like I just don't have a desire. And we talked about, we're like, why don't we want, like I don't know, we don't want kids. And I'm like, I don't know why, but I don't, like I just don't have a desire. And we talked about, we're like, why don't we want, like I don't know, we don't think about it. I'm like, I'm like, I'm eating in the corner, like I'm like, it literally doesn't cross my mind when I see them, I'm like, and we went there, and then I was like, oh, well, we're so fulfilled
Starting point is 01:17:36 on all these human needs. It's like, that's why there's no desire there, because desire comes from lack, and there's no lack in any of those areas. So that's why there's no desire for it. I could see like a world in which we're like 45 and want to kid, you know. You gotta be careful that that wall of hormones can come and hit anybody. I've watched guys as well that everybody talks about sort of women and they get towards
Starting point is 01:17:55 their 30s and blah blah blah. I've watched my friends as well, my dude friends that were the lads that you can imagine through their 20s. They get into 30s and then maybe they're in a relationship and then they just get slammed with this paternal instinct that they can't wait for and they make fantastic dads. So I think the way that you guys have got it at the moment, which is like, this is where we're at now.
Starting point is 01:18:16 We know that we're fulfilled on a bunch of different domains that we think are important for the time being. And remember, like this is the beautiful thing about optionality, right? That it always is flexible in the future this is the beautiful thing about optionality, right? That it always is flexible in the future. Like, the amazing thing about optionality is the fact that you permanently have the ability to go in different directions. Speaking of Tony Robbins and some of the other big gurus, you've worked with Grant Cardone and a lot of people on the internet
Starting point is 01:18:39 talk shit about him. But as people who have worked with him directly, what was your experience like? So, for context, Leila bought me a Christmas gift two years ago, which was 4101 calls with Crank, because it was like available on the website, and she called, and the sales guy didn't even know that he could sell it, and so she had to get transferred to a manager because he didn't. And she was like, I'm trying to give you $130,000 or $100, whatever it was, $1,000 for four hours.
Starting point is 01:19:09 And he was like, I'm not sure. And the manager was like, I'm so sorry about them. I will be happy to accept your money. And so anyways, we've done three calls with Grant. They've been very valuable. I will say that every experience we've had with Grant has been positive. He's been attentive. He's taken notes during our calls. He's asked about things that we'd spoken about the last time. He waits to try and provide contextual feedback overall. Overall, it was a great
Starting point is 01:19:37 Christmas gift for me because what do you get someone who can get themselves whatever? And for me, the thing that I love more than anything is just knowledge, you know what I mean? Like everything I do. And sometimes the knowledge gets rarer and rarer and harder to find, right? And especially stories and experiences, like they're the most valuable things, because if I have a story, I can get the lessons from the experience of that having to go through it. And so I always think those are the most valuable things of all. And, um, but yeah, I mean, I think people will hate anyone who's who's very big. What do you think it is that causes people to have this?
Starting point is 01:20:08 He's polarizing. He's super polarizing. I mean, he makes very strong claims. He talks about money. A lot of people just hate anyone who talks about money. He has money. A lot of people hate. People who have money.
Starting point is 01:20:19 He shows off the money that he has, which a lot of people just hate, because it makes them feel a certain way about what, you know, their lives. Yeah, and I think polarizing is usually what I think it means is that people speak in absolutes. Yeah. So if somebody doesn't believe what he believes, they believe that him saying that makes them wrong.
Starting point is 01:20:38 And so then they immediately say, I'll hate you so that then it basically discredits anything that you're saying. So I feel good about myself. Right. But I think a lot, I mean, you know, a lot of people don't have that self-awareness. I mean, I give people all the time. And I think I try to add a lot of context.
Starting point is 01:20:49 I'm like, hey, there's no way wrong. They're like, fuck you. Yeah. Yeah. It's strange with nuance, right? When people add caveats in, what ends up happening is they dilute down the impact of the messaging in the hopes that they go in a front load,
Starting point is 01:21:04 a little bit of criticism, defense, defense. So Seth Golden came on the show and he told me about, he's got one of the biggest blogs on the planet, right? He's been writing daily for 15 years or something, absolutely wild. And he said, it was about 10, 12 years ago, he removed comments from his blog.
Starting point is 01:21:25 And this is when medium and substacking stuff didn't exist. And people said, you can't remove comments from your blog, it's a blog, a blog has comments. And he's like, no, I can and I am. And the reason that I am is I know, as the audience grows, every blog post is going to become a little bit longer, with a little bit more caveats in there, with a little bit more exposition and nuance
Starting point is 01:21:47 and lack of commitment, because I'm always going to be playing defense ahead of what's going to appear in the comments below. And say what you want about Grant, like the guy's committed to the views that he has, you know, and that degree two things happened with that. One is you're right, it creates a delta between what his view is and what your view is
Starting point is 01:22:04 that can't be breached by you saying, but he did say sometimes or I think it's like this. And the other thing that happens with that is that you cannot, it causes people to feel uncomfortable seeing somebody that's that certain about anything because it shows into very harsh light. I don't believe anything that much. And this guy's talking about something which is pretty aspirational with that degree of confidence that I wish that I had. I think a point.
Starting point is 01:22:36 Yeah, a lot of people don't like him. I admire him for it. So I think a lot of people don't understand the goal, right? Like his goal and he's very transparent is not to be liked. His goal is to be known. And I think that's a very powerful nuance. Like he wants to be known. And so if he has, he's happy to have more haters.
Starting point is 01:22:55 He doesn't care. I really like having spoken to him. I mean, maybe on some deep emotional level, like it's there, but like, I, he has trained himself to love the hate. And he's like, you know what haters do? They talk about it more than anyone else does. He's like, you know what that does? It gets more people in my world.
Starting point is 01:23:12 He's like, when I, he did that stunt where he pretended like you lost all his money at the beginning of COVID. And like so many people hated him. He's like, look at my stats, bro. He's like, websites up, 200%. Sales are up 200%. He's like, look at the stats, bro. He's like, websites up, 200%, sales are up, 200%. He's like, look at the stats, man. And so like, it's just, it's purely about what,
Starting point is 01:23:29 you know, does this serve me? And I think, Grant is very good about ruthlessly prioritizing like the things that serve him and cutting up things that do not. And so in that way, and this is just for everyone, like, I said at the very beginning, but if someone is making more money than me, they are better at the game than I am in some way.
Starting point is 01:23:45 And so I think just from a fundamental standpoint of belief about who to look for or what to look for or where to look rather, for information, look at people who are ahead of you, ideally far ahead of you, and then look at the delta and say, one of these deltas is, if that is what I want, one of these deltas is the right way to do it. And there may might be this particular tactic, but the principle behind it might be. Remember as well that an absolute genius position to get yourself into is to have both people who like
Starting point is 01:24:18 and dislike your content, share it. But that's playing chess, right? Not check it. That really is like fucking four-dimensional. Hang on a second, you're telling me the people that disagreed with it gave you X for reach? Yeah. Given the fact that we're talking about a grand card on as somebody that sort of liked and not liked in equal measure, people might look at your lives, the business that you guys have built and the position that you've managed to get yourselves to. And it's admirable. It's one that probably a lot of different people
Starting point is 01:24:51 will very much want to try and emulate. This is one of the reasons that people are following you online because they presume that if they consume your content, they're going to be able to model whatever it is that you guys have done. What I'm interested in is the price that people pay to get themselves to the level or to be at the level that other people admire. So what would you say is the price that the Homozi family pays to be the people that people admire?
Starting point is 01:25:19 Well, let's say there's, I mean, I've talked a lot more about this recently, which is a lot of people are trying to make content, especially like in the M Asian community, they see what we're doing, etc. They aren't able to do the stuff, but they don't get the heart right, which is they're doing it to serve them rather than the audience, and they're also doing it for a place of zero expertise. They talk about things that they don't have evidence to support. What they'll do'll do is they'll watch a video of mine or they'll watch a video of grants or they'll watch it with whatever. Right? And then they'll just pair it back a deluded
Starting point is 01:25:51 version of what they heard. Right? And so that does not make an expert because there is no context. There is no experience that backs and supports that knowledge. And so at the end of the day, somebody could take every word that I say and remake a clone video and The underlying question will always be why should I listen to you? And unless the audience has a clear answer and I think as Unless the speaker has a good answer It will never go viral even if it even if it's amazing savings and investing advice if you're a broke teacher investing advice. If you were a broke teacher, and you say the same exact thing that Warren Buffett does,
Starting point is 01:26:27 Warren Buffett's advice is going to be the one that's taken, his video is going to be the one that's shared. Why? Because he's the one who built Berkshire Hathaway. And so it's like, you did everything right except for you forgot the one thing that matter which is building a $600 billion company. Except for that little thing, you got everything else right. And so I think it's like, they go for themselves and they don't go to serve the audience
Starting point is 01:26:45 and they speak about things that they don't have the authority to speak on. And so, you know, our shift is to try to get people, at least in the price point is like, instead of, if you want to be a business icon, you have to accomplish a pretty significant amount of business accolades in order to really be taken seriously. And so it's like don't go broad,
Starting point is 01:27:03 you can still be the absolute best person who talks about dog training in Austin. And you can be king of that pond. And if you become more successful, then you can talk about dog training in general. And then you can talk about marketing for a local business. And then you can expand hours as you gain the recognition of the evidence that would support your expertise in the arena. And so the cost or the price that I think the Hormones is paid was that we are now, I'm 32, she's 29, and we are really now doing the content thing as of really just the last 12 months. But I started, you know, I've been in business 10 years.
Starting point is 01:27:37 And so I did, you know, we did a first $100 million run without any of the brand. And so there's like that one thing that people missed. That was the little price. It's strange when you think as well that the reverse can happen too. People who give shit advice but have tons and tons of credit
Starting point is 01:27:57 because they've been successful in the past can be listened to. Totally, 100%, absolutely. Which is dangerous. Which is why Laila talks about this a lot, but it's hard to do this because people are not very good at like contextualizing. Right. They're not very good at adding filters.
Starting point is 01:28:16 And it's because the reason that people seek out experts is because it actually takes less effort to consume the information. Because if you're talking to somebody who's normal or potentially a moron, they will have things that they will say and you have to take effort and be like, okay, let me apply this in cups of scenarios, this just makes sense. Okay, yes, and they say the next thing, and they have to apply a couple of scenarios,
Starting point is 01:28:35 this makes sense, no. Okay, whereas if you listen to Warren Buffett and he gives you investment advice, you don't need to apply a lot of filters. Because you think he's the best at this in the entire world. And so I can just take what he says. And so it becomes less effortful for the consumer of information because of the authority. That's why people are persuaded by authority figures.
Starting point is 01:28:54 So they don't have to think about it. Success is basically a hard to fake signal of authenticity, but it can be weaponized by people who don't actually know what they're talking about. And then you see people, that's kind of what Stania Rowan Lane should have meant. It got weaponized by people that were using it in a stupid way. But Stania Rowan Lane is like, look, I'm gonna take your advice war on about finance,
Starting point is 01:29:12 but I'm not going to let you give me cues on deadlift form. Like, I know where your expertise lies. Look, Alex and Layla, Homozi, everybody, if people want to keep up to date with the stuff that you're doing why should they go? Instagram You search us on whatever platforms you tend to use we will probably be there So we're currently on Twitter linked in Instagram. We have a podcast called the game if you guys are interested in that or I have a podcast Well the game lateless starting her soon
Starting point is 01:29:40 We have a YouTube channel if you guys are into that layla and I both have separate ones we talk about different things We have a YouTube channel, if you guys are into that, and I both have separate ones, we talk about different things. So people get different pieces from it. Layla talks about her side of the house in terms of scaling companies, scaling the teams, building infrastructure, really just getting into a thousand. And I talk about a lot more money stuff.
Starting point is 01:29:56 So marketing sales, product stuff, how to increase profits, all that kind of jazz. I also have a book, by the way. I also have a book, it's $0.99, it's called $100 million offers, it's all the Amazon. Lincoln show notes below. Guys, I appreciate you. Thank you.
Starting point is 01:30:18 you

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