A short multi-speaker excerpt (from a Brad Costanzo YouTube upload) discussing how entrepreneurs often try to "buy" shortcuts and how an alternative is to invest upfront in developing internal talent. Speakers advocate using masterminds and mentors, training project managers as "quarterbacks," and mentoring college students as low-cost project managers who can manage external resources. The clip emphasizes investing time and money early to create sustainable, mission-aligned managers rather than constantly hiring or replacing teams.
Questions this video answers
$10–$12 per hour
Chapters
One of the things that entrepreneurs do is we find our way to skip.
To the front of the line. We just want to buy our way to the front of the line.
The problem with that is we do that same attitude when we want to.
Get someone to run our business. Ed o', Keefe, a friend of ours.
Talks about leapfrogging over why wait when.
I can leapfrog to the front?
And I totally agree why we attend masterminds.
But if you're going to grow somebody.
Up, free up some other time and.
Use it in a mentor training world.
Because it will be the way you leapfrog.
Because other, the other way is entrepreneurs.
Grow a business, either sell or smoke.
It down as they move on to something else.
That's the way we all do, right?
And so if you don't want that.
To, you know, be a continued pattern of behavior, but you'd like to see a going concern running longer, then that upfront investment changes the whole world for you.
I learned really quickly that a manager needs to be able to execute, follow through and have the desire to stay on mission.
I am taking college students right now.
Who are fresh out and I'm giving.
Them this and I'm there weekly and.
Daily helping them mentor through. But they are managing new projects in our business. So one of the things we do as entrepreneurs, we come up with great.
Ideas, we take our existing team and.
We disrupt the heck out of them by asking to do something new. Well, I started doing it with an external mindset, make our young Internet what.
I would consider a project manager, make them work with external resources, not disrupt any of the internal team. And I'll tell you, we are operating.
On many different cylinders and I believe that what I'm going to do for this is be able to develop quarterbacks. So at project manager level, I'm hunting.
For my A quarterbacks.
So at a ten or twelve dollar an hour rate, you just take your salary entrepreneur, subtract out how much you want to invest at 10 or $12,000 an hour. Go to your local, meet your dean, find some marketing people who are hungry and line up with your mission.
And.
I will promise you that if you commit to that, you will be well on your journey to finding and developing quarterback.
