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#373 Breakfast with Brad Jacobs + How To Make A Few Billion Dollars
Founders
Prioritize Talent Over Cost
Focusing on recruiting the best talent transforms organizations, as top performers significantly impact success. Emphasizing the value of hiring smart, capable individuals, it's crucial to maintain a balance in staffing; slightly understaffed teams tend to remain more engaged and efficient, avoiding unnecessary busy work. Investing in high-quality talent through competitive compensation is essential, as financial incentives resonate globally. The principle stands that overpaying for exceptional talent is justifiable, illustrated by high-stakes acquisitions like Apple's purchase of NeXT, underscoring that the right talent is invaluable.
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