214. Dream Team: How to Hire and Keep High-Performing Talent
Nov 14, 2023
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Learn how to build a high-achieving team from industry experts. Topics include recruiting strategies, hiring to buy back time, raising standards, employee experience journey, creating compelling job postings, knowing goals, and attracting high-performing talent.
Hiring an assistant before a Chief Operating Officer (COO) can provide valuable support at a more affordable cost.
Strategically hiring individuals can free up entrepreneurs' time for higher-value activities and achieve better business growth and personal fulfillment.
Deep dives
The importance of working with an assistant instead of hiring a COO
Many entrepreneurs make the mistake of wanting to hire a Chief Operating Officer (COO) without even having an assistant. The podcast highlights the importance of learning how to effectively work with an assistant before considering a COO. This is because hiring a COO can be costly, while an assistant can be more affordable and still provide valuable support. The podcast emphasizes the need to treat recruiting like sales, making a positive impression on potential employees and showcasing the organization as an attractive place to work.
The 'Buy Back Principle' and hiring to buy back time
An interview with Dan Martell, an entrepreneur and author, introduces the concept of the 'Buy Back Principle.' The principle highlights the transformation entrepreneurs undergo, shifting from trading time for money as an employee to trading money for time as a business owner. Martell emphasizes the need to hire individuals not just to grow the business, but to buy back the entrepreneur's time. By hiring strategically and delegating lower-value tasks, entrepreneurs can focus on higher-value activities and achieve better business growth and personal fulfillment.
Avoiding workplace drama and the importance of hiring the right people
Workplace drama expert Cy Wakeman discusses the issue of hiring individuals who contribute to workplace drama. The podcast highlights the flawed approach of asking exiting employees for reasons for leaving, as it often overlooks the fact that many employees leave multiple jobs due to the same issue, the leader. To avoid hiring drama-prone candidates, the focus should be on evaluating opportunities to 'buy back time' and achieve better efficiency. Wakeman emphasizes the need to approach hiring with a clear understanding of organizational values, job responsibilities, and performance expectations.
Building remarkable employee experiences and improving retention
Client experience expert Joey Coleman explores the eight phases of the employee experience. Joey explains that these phases, from assessing potential candidates to creating advocates, play a crucial role in attracting and retaining top talent. He emphasizes the importance of a remarkable onboarding experience and how it impacts productivity, engagement, and retention. Joey also stresses that companies need to focus on providing clear career paths, KPI-driven growth opportunities, and ongoing support to foster loyalty and encourage employees to become advocates for the organization.
The team you build is the company you build. So how can you ensure you’re building the high-achieving team that can make your vision a reality?
This special edition episode of The Game Changing Attorney Podcast features some of the industry’s most forward-thinking ideas and insights when it comes to attracting and hiring A-players.
You’ll experience key conversations with:
Dan Martell: CEO of Saas Academy and Best-Selling Author
Cy Wakeman: Workplace Drama Expert and Best-Selling Author
Joey Coleman: Award-Winning Speaker, Best-Selling Author, and Retention Expert