📈 7 Keys To Hiring Rockstars as an Entrepreneur.
How do you attract, recruit, engage, and retain rockstars?
If you’re an entrepreneur, you know how hard it is to find and keep great employees. You need people who share your vision, passion, and work ethic. You need people who can take your business to the next level. You need rockstars.
But how do you attract, recruit, engage, and retain rockstars? That’s the question that Patrick Bet-David, the founder and CEO of Valuetainment Media, answers in his latest video 7 Keys To Hiring Rockstars as an Entrepreneur.
Valuetainment is the leading source of information, education, and entertainment centered on the fundamentals of entrepreneurship and capitalism. With over 3.5M subscribers on YouTube, Valuetainment delivers valuable insights and stories from various industries and topics, from AI to wine to the NFL.
In this episode, Bet-David explains the seven laws for hiring and recruiting great employees for your business, based on his own experience of building a multimillion-dollar company from scratch. Here’s a quick summary of his tips:
Attracting Champion Employees: You need to have a strong brand presence, either on social media or in the media, that showcases your success story and your vision. You need to sell your dream to potential candidates and make them want to be part of it.
Recruiting the Best: You need to have a clear and consistent hiring process, from screening resumes to conducting interviews to making offers. You need to have a high standard of quality and a sense of urgency. You need to be proactive and creative in finding talent, not just relying on job boards or referrals.
Engaging Your Champions: You need to have a smooth and effective onboarding process, that introduces your new hires to your culture, your team, and your expectations. You need to have constant communication and feedback and provide them with the necessary training and resources. You need to make them feel welcome and valued from day one.
Retaining Top Talent: You need to have a clear and fair compensation and incentive system, that rewards performance and loyalty. You need to have a culture of recognition and appreciation and celebrate wins and milestones. You need to have a vision and a growth plan and provide opportunities for career development and advancement.
Developing Future Leaders: You need to have a system of mentorship and coaching, that helps your employees grow their skills and knowledge. You need to have a culture of learning and innovation and encourage experimentation and risk-taking. You need to have a succession plan and a pipeline of potential leaders and empower them to take on more responsibilities and challenges.
Firing the Wrong Ones: You need to have a system of accountability and evaluation, that tracks and measures your employees’ performance and behavior. You need to have a culture of honesty and transparency and address issues and problems as soon as they arise. You need to have a process of termination and exit, that is respectful and professional, and minimizes the impact on your business and your team.
Rehiring the Right Ones: You need to have a system of alumni and network, that maintains and strengthens your relationship with your former employees. You need to have a culture of gratitude and goodwill and show appreciation and support for their future endeavors. You need to have a process of rehiring and reintegration, that is flexible and seamless and leverages their experience and loyalty.
If you want to learn more about these seven laws and hear some real-life examples and stories from Bet-David, you can watch the full video here ⬇️. Trust us, it’s worth your time.
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