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**THREAD**
8 Lessons I Learned
From Having 25 Employees In 1.5 Years
8 Lessons I Learned
From Having 25 Employees In 1.5 Years
LESSON 1: Systems.
Build them
Or your business will be shit
No one will know what to do
Chicken /w head cut off
Bad. Very bad
Build them
Or your business will be shit
No one will know what to do
Chicken /w head cut off
Bad. Very bad
LESSON 2: Hiring Is An Art.
Not a science
You'll make shitty hires
Perfect systems allow you to recover from shitty hires quickly
Get a hiring manager ASAP (see: Systems)
Not a science
You'll make shitty hires
Perfect systems allow you to recover from shitty hires quickly
Get a hiring manager ASAP (see: Systems)
LESSON 3: Pay Well.
You pay your Filippino employees $3/hr
You'll regret it
You pay $50K/yr for a $100K/yr position
Another regret
Always overpay by 5-10% to keep great people
You pay your Filippino employees $3/hr
You'll regret it
You pay $50K/yr for a $100K/yr position
Another regret
Always overpay by 5-10% to keep great people
LESSON 4: Give A Fuck.
- ask about your employees' personal lives... talk non-work stuff for 10-15+ min
- give em a small bonus if they have money issues
- help them reach their life & career goals
- bond... monthly game night etc
They'll be more loyal & honest with you
- ask about your employees' personal lives... talk non-work stuff for 10-15+ min
- give em a small bonus if they have money issues
- help them reach their life & career goals
- bond... monthly game night etc
They'll be more loyal & honest with you
LESSON 5: Don't Get Too Attached.
When an employee gets a better job offer
They're leaving
They don't care about you
They don't care about your company
Expect & prepare
When an employee gets a better job offer
They're leaving
They don't care about you
They don't care about your company
Expect & prepare
LESSON 6: Fire FAST.
If someone is fucking off
1 warning, 2 max
3 strikes, fire & forget about them
You'll regret if you don't
I promise you
If someone is fucking off
1 warning, 2 max
3 strikes, fire & forget about them
You'll regret if you don't
I promise you
LESSON 7: Your Gut Is Everything.
If you feel like something is off, it is
100% of the time
If you think your employee is about to quit
They're gonna quit
If you think they're slacking off
That's also true
Let your intuition guide you
If you feel like something is off, it is
100% of the time
If you think your employee is about to quit
They're gonna quit
If you think they're slacking off
That's also true
Let your intuition guide you
LESSON 8: Be Lean.
Would you rather have 100 employees
Or 10 employees
And make the same profit?
Answer is obvious
Run as lean as possible...
Systems.
Automation.
High-ticket offer, recurring revenue
Less headache
**END THREAD**
Would you rather have 100 employees
Or 10 employees
And make the same profit?
Answer is obvious
Run as lean as possible...
Systems.
Automation.
High-ticket offer, recurring revenue
Less headache
**END THREAD**
