A business owner explains why you need to hire people smarter than you in their specialties. Don't settle for mediocre talent. The best people cost more but they'll outperform you and actually grow your business.
Chapters
Once you've found a growth idea or process that's working for your business, it's vitally important that you exploit that opportunity for all it's worth, for as long as it lasts. In order to do that, this usually means having to bring in more people. At the end of the day, you as the business owner are only one person, right? And just like all of us, you can only be good at so many things. So taking the time to find people who are better than, smarter than you in certain areas is your only real play. When bringing in new people, don't settle for anything less than the best talent you can find. Outperform you in their area of expertise while raising the bar for performance standards throughout the business. It's not about feeling threatened or massaging your ego. It's about what's best for the continuing growth of your business.