Who you hire are the extensions of yourself. Today, Alex (@AlexHormozi) talks about hiring the first 5 people to your business in "reverse order" and being aware of what kind of debt you incur when you start.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(1:45) - First two hires: admin and customer service; third: skilled sales.
(3:45) - Fourth hire: promotions and marketing; fifth: bookkeeper for finances.
(5:40) - Entrepreneurship: buy back time, add more value.
(7:41) - Starting a business incurs various debts, strategically plan repayment.
(10:04) - Takeaway: hire in reverse value order, be mindful of debt.
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