Do You Have Too Many Employees?

Summary

• When a company grows beyond 60 people, it becomes challenging to maintain personal relationships with every team member.
• I once managed a team of 130 people, and I felt the strain of not being able to connect with each person individually.
• It's important to balance the size of your organization with the ability to have meaningful interactions.
• I desire to lead a company that stays within a manageable size but does not have its revenue potential capped by that decision.
• The goal is to find a structure that allows for both personal connections and scalable success.

Video

How To Take Action

I would suggest focusing on your team size to keep strong connections. When you have more than 60 people, it's hard to know everyone well. So, if you're growing a business or working on personal growth, it's a good idea to remember that too many people can make it tough to connect.

To manage this, put a team structure in place that lets you grow without losing touch. Here's what you could try:

• Split larger teams into smaller groups. Each group can have a leader who knows everyone well. That way, you can still feel close to your team and not miss out on those important relationships.

• Have regular check-ins with group leaders. This will help you stay informed about what's going on with everyone, even if you can't talk to each person all the time.

• Use technology to help. There are tools like chat apps and project management software that can make it easier to keep up with what your team is doing and to talk to them.

• Think about your company's growth. You want to make money and do well, but not at the cost of your team feeling like they're just a number. Set goals that let you have success and keep your team happy.

• Plan how to handle more work without adding lots of new people. Maybe you can find ways to be more efficient or use part-time help instead of hiring more full-time folks.

By keeping these ideas in mind, you can build a strong team that feels more like a family and still reach your big goals.

Quotes by Leila Hormozi

"It gets tough at some point because you can't have a personal relationship with 130 people"

– Leila Hormozi

"Once you get past 60, it's tough"

– Leila Hormozi

"I just would love a company where I don't go past that"

– Leila Hormozi

"But it doesn't limit us in terms of revenue and what's possible"

– Leila Hormozi

"Which is like kind of this structure"

– Leila Hormozi

Full Transcript

even when we had 130 people I was like it gets tough at some point because you can't have a personal relationship with 130 people once you get past 60 it's it's tough and so I was like I just would love a company where I don't go past that but it doesn't like limit Us in terms of Revenue and what's possible which is like kind of this structure