I Thought Billionaires Were Wrong About This
Summary
- I've observed billionaires crediting their teams for their success and initially thought they were avoiding sharing their real secrets.
- Now, I can affirm that the quality of the people you hire is critical for the success of your business.
- Many business owners end up hiring less capable individuals because they struggle to attract top talent.
- High-performing individuals may not want to work with you for two primary reasons: either they don't admire you personally or they don't find your business compelling.
- The limiting factor for your business might just be your own ability to attract the right people.
- To address this, it's important to identify why top talent is avoiding your company and actively work on resolving these issues.
- I firmly believe that every business is just one All-Star hire away from realizing their desired success.
Video
How To Take Action
I would suggest first understanding the importance of hiring the right team. It can really make or break your business. So, think about the kind of folks you need on your team to succeed. You want smart and hardworking people, right? But attracting them isn't always easy. You've got to be someone they want to work for. Ask yourself, "Why might a top performer not want to join my business?"
It might be tough to hear, but maybe they don't find you or your business impressive. That's okay because now you know what to work on! Here's what you can do: Look at yourself and think about how others see you. Are you someone others admire and want to follow? If not, let's work on that. Maybe you could share your knowledge more or show how you treat people well. Small steps, big impact.
Then, look at your business. What makes it special? If you're not sure, think about what you're really good at or how you make customers happy. Tell those stories better. Make the world know the great stuff your business does.
Remember, fixing these things won't just happen overnight. But little changes add up over time. And soon, you might just find that All-Star who can help take your business to where you dream it could be. They're out there! You just have to give them a really solid reason to choose you.
Quotes by Alex Hormozi
"It's really not me, it's the team like the team's amazing"
– Alex Hormozi
"It is absolutely the people that you hire"
– Alex Hormozi
"Smart people don't want to work for you"
– Alex Hormozi
"They don't think your business is admirable"
– Alex Hormozi
"Everybody's one All-Star hire away from the business they want"
– Alex Hormozi
Full Transcript
I used to watch billionaires get on stage and they'd get up there and be like it's really not me it's the team like the team's amazing and I'd be like what a hop out like he just doesn't want to tell us the secrets I can say pretty truthfully here it is absolutely the people that you hire most people hire really dumb people because they can't attract smart people because smart people don't want to work for you and the smart people don't want to work for you for two reasons one because they don't like you or don't think you are an admirable person or you don't have character traits that they aspire to be like or they don't think your business is admirable now if they don't want to work for you guess what the constraint of the business is you figure out why they don't want work for you and then solve for that I really genuinely believe that everybody's one All-Star hire away from the business they want
