BigDeal How to Build Your Business without Hating Your Life
24 snips
May 12, 2025 Explore the essential role skilled operators play in enhancing business success. Discover strategies for identifying and attracting the ideal talent, including creating a candidate avatar. Hear compelling personal stories of triumph and setback in the hiring process. Learn how to build a strong network of operators and leverage social media for talent acquisition. This engaging discussion provides valuable insights for business owners looking to thrive without overwhelming stress.
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Beware Bad Operator Risks
- Codie Sanchez shares a cautionary tale of an operator who mismanaged a business, causing financial loss and broken trust.
- This story highlights the risk of trusting operators too easily and the importance of careful selection.
Good Operator Aligns Incentives
- Codie Sanchez contrasts the bad operator tale with a positive example of an operator who runs a portfolio company effectively.
- This operator works hard and earns money only when the owner does, showing aligned incentives.
Define Your Ideal Operator
- Create a detailed avatar of your ideal operator including skills, experience, and traits before hiring.
- Look for proven winners with relevant experience and leadership qualities, like Bobby who had marketplace and sales expertise.