Omar Zenhom argues that cheap hires cost more than they save. The New York Yankees win championships because they have baseball's highest payroll. A small team of talented people who can handle multiple responsibilities beats a large staff of low-skill workers.
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You get what you pay for. Like, a lot of people, they look for the diamond in the rough, like, I'm gonna find this person that's like undervalued and no one knows about and blah, blah, blah. Like, they don't exist. Like, the Yankees, they win so many championships and they also have the highest payroll. It's not a secret, right? Yes. They pay for talent. And that just means I need to hire people that are highly talented, that can do all the little responsibilities that I'm doing right now so that my business continues to grow without me.
That's the thing. I think it's It's being so clear and being strategic and kind of smart about who it is that you're going to bring on and invest in. Because I think one of the traps that people fall into is that they need to build this massive team. But you can do a lot with a very lean team if you've got the right players.