Tropical MBA: Entrepreneurship & Founder Lifestyle #750 What is the Most Simple OS for <$5M?
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Apr 11, 2024 In this podcast, Dan and Ian discuss the importance of having the right people in the right roles in your company. They introduce a simple OS called GPS that helps you meet your goals and deliver on your plan. They also talk about hiring for specific tasks, the impact of remote work on hiring, and the importance of regular check-ins and standing meetings.
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Targeted Hiring
- Hire to replace valuable tasks, not speculatively.
- Prioritize replacing admin, then delivery, marketing, sales, and finally, leadership functions.
Investment Psychology
- Founders often hesitate to invest in high-ROI roles like sales/leadership due to emotional attachment to their money.
- Thinking in terms of percentages of investment, rather than absolute dollar amounts, helps overcome this.
Remote Work's Impact on Latin American Hiring
- The rise of remote work has led to increased demand for business administrators in Latin America.
- This shift is partly due to improved English proficiency and a greater willingness to work with North American companies remotely.