9:10

In this presentation Negar Riazati outlines a practical framework for "mission hiring" – recruiting a general manager (GM) to execute a founder’s growth strategy. She begins by stressing the minimal prerequisite: a validated idea or proven skill (e.g., a profitable solo plumber or a market‑validated prototype). Once the concept is tangible, the owner should craft a simple three‑year strategy that includes concrete sales and margin targets and a single, clear lever for growth (such as geographic expansion or new service lines). The GM’s role is defined as the sole executor of that strategy, not a support function; the founder may be hands‑off or selectively involved. Riazati then tackles affordability, arguing against high fixed salaries and proposing performance‑based compensation: profit‑share, zero‑salary arrangements tied to production milestones, or a structured reward over three years that matches or exceeds the GM’s market salary. She illustrates the math with a profit‑doubling example and explains how the GM’s incentive to “bet on themselves” aligns their motivation with the mission’s success.

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