The Game with Alex Hormozi Who To Hire First | Ep 370
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Feb 15, 2022 Discover the art of strategic hiring for business growth. Learn why early hires should focus on low-cost, high-time roles that maximize profit. Delve into the importance of administrative support and customer fulfillment in the scaling process. Uncover how making the right decisions early on can free up time for revenue-generating tasks, dramatically impacting your success. Plus, get access to a free resource for effective scaling.
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Prioritize Hiring for Time-Consuming, Low-Cost Tasks
- Determine which tasks consume the largest percentage of your time and have the lowest cost.
- Outsource these tasks first to maximize time regained for minimal expense.
Entrepreneurship as a Process of Buying Back Time
- Entrepreneurship involves continuously buying back time and enhancing skills for higher-revenue activities.
- The ultimate goal is to focus solely on decision-making aligned with your vision.
First Hires: Admin or Fulfillment
- Your first hires should be administrative help or someone to assist with customer fulfillment.
- Productize your services to replicate outcomes and free yourself from operational tasks.