The Game with Alex Hormozi The One Problem Every Entrepreneur Has... | Ep 293
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Apr 20, 2021 Entrepreneurs grapple with a common hurdle: assembling the right team. Discover how identifying strengths and weaknesses of team members can enhance performance. Learn about the importance of employee ownership and accountability in fostering a productive work environment. Alex emphasizes the need to raise standards in order to attract top talent, ensuring business success. Join in for insights on nurturing exceptional skills that drive growth.
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The Core Entrepreneurial Problem
- Entrepreneurs face one core problem: a people problem.
- This involves finding, hiring, managing, and growing talent.
A-Players vs. Everyone Else
- Differentiating between A-players and others is crucial.
- Entrepreneurs often overestimate their team's abilities due to optimism.
The Brand Manager Example
- A newly promoted brand manager demonstrated ownership by thoroughly evaluating apparel manufacturers.
- She rejected low-quality options and proposed solutions, showcasing initiative.