The chapter discusses the process of growing a business and the importance of identifying and differentiating between A players and B players. It emphasizes the need for a business to be able to operate independently from the owner and shares personal experiences of team members successfully growing divisions without direct involvement. It also includes a story about a brand manager who demonstrated ownership by rejecting subpar samples and proposing alternative solutions.
"Every entrepreneur has one problem... a people problem. Attracting, hiring, and keeping the right team members can make or break your business." Today, Alex (@AlexHormozi) talks about the single problem that entrepreneurs are facing when it comes to company growth: the talent they hire. He also explains the various reasons why this is a problem for entrepreneurs and the steps to take to avoid it.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(1:51) - Differentiate team members' strengths, weaknesses, and roles.
(4:13) - Employee accountability and problem-solving skills.
(6:58) - Brand managers prioritize customer experience improvement.
(9:16) - Set high standards to attract top talent to your team.
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(This episode is a re-run. Original airdate was April 20, 2021)