2min snip

My First Million cover image

Hire 1 to Hire 10, Sam Gets Hacked, Shaan Buys a $200K NFT, and More with Andrew Wilkinson

My First Million

NOTE

The Biggest Hack for Building a Business

Hiring the right person is key to building a successful business. Instead of micromanaging, hire one person who can hire and manage a team. This approach saves time, effort, and resources. Don't hire ten when you can hire one. This hack can lead to 80% of the desired results with just 20% of the work. It took the speaker years to figure this out, but it's a game-changer. Even though mistakes can still happen, the mindset should be to hire one person who can handle additional hires as the budget allows. This strategy has been applied in the example of hiring the CEO of Aero Press for optimal efficiency.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode