The Key to a Quality Business
Summary
- Your business's quality depends on the quality of your hires, which is a reflection of your character and vision.
- Don't make your company's mission solely about making money; it won't inspire people to work for you.
- Great employees want to work for someone who is not just a great person, but who also provides a path to fulfill their own dreams.
- Craft a company vision that is expansive enough to encompass the personal aspirations of your team members.
Video
How To Take Action
I would suggest starting by looking at yourself and your character. Are you someone others would want to work for? Work on being a great person, and this will help you attract great employees. Remember, the better your character, the better quality of people you'll bring into your team.
Another good way of doing things is to make sure your business is about more than just making money. You want a mission that excites people and makes them want to join your cause. A mission that is only about money won't inspire anyone to be their best.
When crafting your company vision, think about your employees' dreams. Ask yourself, "Is my vision big enough that it includes room for the dreams of my team members?" If the answer is no, it's time to expand your vision.
Your action plan should include:
- Work on your character: Be kind, be fair, and be someone people respect.
- Create a mission that's not just about money: Think of a bigger picture that helps others or improves the world in some way.
- Share your vision with your team: Talk to them about it, see how it fits with their goals, and be ready to listen and adapt.
- Encourage personal growth: Show your team how working with you and the company will help them achieve their own dreams.
By doing these things, you'll build a team of dedicated employees who believe in your business and want to see it succeed as much as you do.
Quotes by Alex Hormozi
"The quality of your business is directly proportional to the quality of the people you hire"
– Alex Hormozi
"Your character and your ability to cast a Clear Vision and how they fit in it not just how you accomplish your own goals"
– Alex Hormozi
"On one level if you're a great person great then you can attract great people"
– Alex Hormozi
"Great people really still only be there because there's an ambition component"
– Alex Hormozi
"You have to cast a vision big enough that someone else's dream can fit inside of it"
– Alex Hormozi
Full Transcript
the quality of your business is directly proportional to the quality of the people you hire which is directly proportional to your character and your ability to cast a Clear Vision and how they fit in it not just how you accomplish your own goals early Alex was very much like they're like What's the mission of the business and I was like to make lots of money that was the mission of the business make Alex Rich even if that is your mission don't say that she was like no one wants to work for that and she would look at me she be like I don't want to work for that and I be like fine on one level if you're a great person great then you can attract great people but great people really still only be there because there's an ambition component you're cool got it that's checkbox one checkbox two I have a dream for my life does my dream fit within yours and so you have to cast a vision big enough that someone else's dream can fit inside of it