First 5 Hires As You Grow | Ep 632

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:

(1:14) - First 3 hires: admin, customer support, salesperson

(3:18) - 4th & 5th hires: marketing assistant, fractional bookkeeper

(5:23) - Entrepreneurship: buying back time for high leverage activities

(7:22) - Incur debt strategically: financial, operational, talent, management, CRM

(9:18) - Hiring in reverse order of value and cost to replace

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(This episode is a re-run. Original airdate was on March 22, 2022)