MONEY EXPERT Leila Hormozi: The Psychology of Making Money

We spend so much time waiting to feel ready, not realizing that confidence only comes after we begin. Today, Jay sits down with Leila Hormozi to explore what truly drives success, not just in business but in becoming the person who can sustain it. What emerges is a powerful shift in perspective. Confidence is not something you chase, it is something you earn through competence. Leila shares candid stories from her early struggles with insecurity, rejection, and self-doubt, revealing that real growth begins the moment you stop waiting to feel ready and start taking action anyway. Together, they unpack a hard truth. The path to confidence is built through failure, humility, and the willingness to be seen as “bad” before becoming great. The conversation moves beyond mindset into the mechanics of success, including discipline, leadership, and emotional resilience. Leila reframes discipline not as a personality trait, but as a system you design within your environment, making the right actions easier and the wrong ones harder. Leila also challenges the belief that strategy or market conditions determine success. Instead, she emphasizes that the real differentiator is your ability to manage your mind and emotions under pressure. Through stories of entrepreneurs who lost everything, not because of poor tactics, but because they could not stay grounded, she highlights that inner stability is the true foundation of long-term success. In this episode you'll learn: How to Build Confidence Through Competence How to Take Action Before You Feel Ready How to Turn Rejection Into Growth How to Stay Disciplined Using Simple Systems How to Manage Your Emotions Under Pressure How to Lean Into Discomfort How to Create Consistency That Drives Results How to Lead People Without Losing Trust How to Build a Successful Business Without Losing Your Values How to Focus on What Truly Moves You Forward You don’t need to have everything figured out to move forward, you just need to be willing to start where you are. Growth isn’t about feeling confident every step of the way; it’s about showing up even when you’re unsure, uncomfortable, or afraid. With Love and Gratitude, Jay Shetty JAY’S DAILY WISDOM DELIVERED STRAIGHT TO YOUR INBOX Join 900,000+ readers discovering how small daily shifts create big life change with my free newsletter. Subscribe here: https://news.jayshetty.me/subscribe Check out our Apple subscription to unlock bonus content of On Purpose! https://lnk.to/JayShettyPodcast What We Discuss: 00:00 Intro 05:00 What Actually Builds Confidence? 06:40 Stop Waiting to Feel Ready To Take Action 11:28 You Have to Be Bad Before You Get Good 14:41 Lean Into Fear and Discomfort 20:25 What’s Actually Blocking Your Success 26:00 Can You Handle the Pressure of Success? 35:00 Discipline Isn’t Willpower 43:20 Is Work-Life Balance Possible? 49:41 How to Find Purpose in Any Job 53:00 What It Really Means to Be a CEO 57:24 The Hiring Mistake Most People Make 01:04:00 What Makes You Stand Out Instantly 01:12:00 The Most Overrated Leadership Traits 01:14:13 Should People Fear or Respect You? 01:18:00 The Secret to Building High-Trust Teams 01:19:00 Carrot or Stick: What Actually Works? 01:24:00 How to Give Productive Feedback 01:30:24 The Truth About Women and Independence 01:36:20 When Life Doesn’t Match Your Expectations 01:39:14 How to Handle Criticism Without Breaking 01:46:06 The Hidden Cost of Chasing Success 01:51:00 How to Rethink Your Relationship With Money 01:54:43 Leila on Final Five Episode Resources: Website | https://www.acquisition.com/ YouTube | @leilahormozi Facebook | Facebook: leilahormozi Instagram | Instagram: leilahormozi LinkedIn | LinkedIn: leilahormozi TikTok | TikTok: leilahormozi X | https://x.com/LeilaHormozi Instagram: jayshetty Facebook: jayshetty https://x.com/jayshetty LinkedIn: shettyjay @jayshettypodcast http://jayshetty.me