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#373 Breakfast with Brad Jacobs + How To Make A Few Billion Dollars
Founders
Prioritize Talent Over Costs
Recruiting top talent is paramount, as skilled individuals possess the power to drive significant change within an organization. It's essential to focus on hiring the brightest candidates and resist the urge to overstaff, as slightly understaffed teams tend to be more focused and efficient. A strong emphasis on compensation is crucial; investing in talent often involves paying above market rates, which is justified by the substantial value top-tier employees bring to the company. The assertion is that there is little risk in overpaying for exceptional talent, illustrated by high-stakes acquisitions in the tech industry.
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