Investing time in training oneself for sales is feasible, but the return on investment for hiring exceptional salespeople is significantly higher. Identifying and hiring exceptional salespeople is more cost-effective than extensively training mediocre salespeople. Companies like 24-hour fitness have a rigorous selection process that filters for exceptional salespeople. It's crucial to learn the skill of selling, especially for small businesses, but trying to train an underperforming salesperson for a year is less effective than investing that time in self-improvement. Selecting exceptional salespeople may require talking to more candidates and having low tolerance for the time it takes to make a sale.
“The best salespeople are born in my opinion, not made.” Today, Alex (@AlexHormozi) shares his approach to hiring exceptional salespeople and building high-performing sales teams. Emphasizing the importance of innate traits, he highlights the need for effective recruitment strategies such as hiring from similar companies or thorough candidate interviews.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(1:08) - Recognizing talent and building sales teams
(2:44) - The role of training in sales
(7:21) - The importance of selection in sales
(7:51) - The cost of finding vs training salespeople
(10:14) - The impact of sales on business culture
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(This episode is a re-run. Original airdate was May 24, 2022)