First Class Founders: Creators | Solopreneurs | Personal HoldCo
How to Hire the Best Operators for Your Personal HoldCo
Jan 17, 2024
Learn the importance of finding a reliable operator for a personal holding company, balancing ownership and loyalty, the role of mentorship in attracting top talent, building trust with operators, and the pros and cons of promoting from within or hiring from the outside for great operators.
24:01
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Quick takeaways
- Having a trustworthy and loyal operator is crucial for the success of a business.
- When hiring an operator, look for a blend of independence, loyalty, and entrepreneurial spirit.
Deep dives
The Importance of Finding a Trustworthy Operator
The podcast episode discusses the importance of having a trustworthy operator for your business. The speaker shares a personal story of almost losing their entire company due to an untrustworthy operator. They highlight the rarity of finding a reliable operator and emphasize the impact it can have on the success or failure of a business. The speaker also mentions the importance of hiring an operator with a blend of independence and loyalty, as well as the need to give them autonomy to enforce standard operating procedures. They suggest that the key qualities to look for in an operator are an entrepreneurial spirit, loyalty, and the ability to think on their feet.
