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Dan Martell
- September 19, 2016
How To Scale Your Team In 5 Steps
Episode Stats
Length
7 minutes
Words per Minute
215.23753
Word Count
1,696
Sentence Count
63
Hate Speech Sentences
2
Summary
Summaries generated with
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.
Transcript
Transcript generated with
Whisper
(
turbo
).
Hate speech classifications generated with
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.
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Is this, is a button, is it too much V?
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Do I got too much V?
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Five steps to scaling your team.
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You know, I'm going to share with you guys
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how to get over the frustration of having people on your team
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that don't share your vision,
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or maybe you've tried to grow,
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you've tried to grow and then you've realized
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you're working twice as much and you're making less money,
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or that you're always putting out fires.
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This is a real issue.
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I've been fortunate over the years
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to have been responsible for hiring over 500 people
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across my different companies.
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And I really had to learn this the hard way
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because the first two companies I started,
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Maritime Vacation at 17, NB Host at 19, they both failed.
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You know what the common denominator was?
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No employees, no people, nobody else on my team
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that was even there to support me in my vision.
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But when I started Spheric Technologies,
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the company that eventually grew 150% for four years,
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year over year, and eventually getting acquired.
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I started with four other people.
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Now, if you've ever started a business with partners,
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within the first month, one of them didn't work out,
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and then the other three ended up
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being more operational leaders,
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and one was a co-founder,
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then people that were like real partners,
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but it doesn't matter.
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At the end of the day, if you can get people on your team,
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shared vision, shared alignment,
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motivated, excited about where you're going,
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then that is how you scale a team.
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So I'm gonna break it down into the five S
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or the five steps to scaling a team.
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The first one is story.
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Now there's a whole bunch of sub kind of areas
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that you need to nail in the story
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and really for each one of these different areas and steps
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but I'm gonna give you one great example.
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The first one is what wrong do you wanna right?
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In your business, as you build a company,
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when you started off, you need to ask yourself,
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what wrong do I wanna right in the world?
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For me, when I started with Clarity,
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I just thought it was wrong that there's, you know,
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10 times, 100 times more tech entrepreneurs
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around the world starting software companies
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that didn't have access and connection
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to the smartest minds in Silicon Valley,
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that was there, that I had access to,
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that I've learned from.
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I mean, I believe that success has a million fathers,
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and I wanted to create a way for them to connect there.
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That was the wrong that I wanted to write,
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and I think that it's important for you
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to ask yourself in your business,
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maybe you don't have this, or maybe you know it,
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and you haven't told it lately, but it starts with story.
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Figure out that story, what wrong do you wanna write,
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and share it with your team.
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The second S in the framework is sourcing.
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And again, there's a bunch of different ways
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to source great talent, but one of my favorite strategies
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that I wanna share with you guys is deputize.
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You know people in your life that are connected,
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that go to events, that talk to a lot of people.
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Maybe it's a salesperson, another entrepreneur.
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You need to deputize them.
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Actually be like, you're anointed as the person
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to discover great talent and bring them into my world.
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So, I've known many times when I've been out in the world
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and I've come across those incredible employees.
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You know, the valet guy, the waitress at the restaurant,
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the person that works at the bank teller.
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And if I had a position in my company,
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I would hire them on the spot
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because they just had the right attitude,
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the right skill set, the right whatever it was.
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But what I want you to do is do the same thing
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for amongst your friends and say,
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look, if you ever find somebody that in this industry
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is a technical person or a marketing person
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or an operational person, I want you to give them
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permission to send you an email with their name
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and the company and it's your job to go find them.
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So deputize is the strategy for sourcing.
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Three is selecting.
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How do you select the right person?
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Again, multiple strategies.
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My favorite one is really based on a lesson
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I learned from Seth Godin.
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I met with him once when I was starting off Clarity
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and he really gave me some incredible advice.
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But one of the things that he shared was,
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I can't work with you till I work with you.
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That's just a rule that he's had in his life
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that I've adopted in my business,
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that unless I've done a project with you,
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worked with you, tested,
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simulated the actual working environment,
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then I can't work with you.
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So that strategy is test, right?
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And every position that I hire,
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there's always a simple up to 10 hour test.
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I pay up to $500 for that person, you know,
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because I respect their time and the value
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they're gonna create, but it's the same test.
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Every person takes the same one,
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and that way I have a very clear benchmark
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to baseline them versus previous people
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taking a test or maybe the cohort of people
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that they're in the running for for that position.
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So make sure that you test.
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That is one of the best strategies
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for selecting top talent to scale your team.
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The fourth area is selling, okay?
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Now, most people think that it takes money
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to hire great talent and I will share with you
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that is the fourth most important thing
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that a person needs to understand.
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It really comes down to selling, right?
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So first is the fit.
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Is this the best fit for their career?
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Two is freedom.
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Do they have the opportunity to be free in their decisions?
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You're gonna delegate, you're gonna give them the authority
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and you're gonna give them the responsibility
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and resources that they need to be successful.
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Third is family.
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Make sure you incorporate the family
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because so many times when entrepreneurs are hiring,
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they don't think about the partner.
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You know, the wife, the girlfriend,
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that other significant person in their life
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that really are gonna be involved in making this decision
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and if you don't incorporate them
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into your recruiting process,
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it's gonna be really hard to get them on board.
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And then the fourth is fortune, right?
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which is really the money component of the business,
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compensation structure, whatever it is,
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it is not the most important, it is the fourth.
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And last is fun, fun, fun, fun.
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You gotta make sure your work environment
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is gonna be a blast to work with.
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Or these top people, these A players,
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they don't need to work with you,
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they have other options, they can do their own business,
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they can keep doing what they're doing.
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So it's your job to make sure it's fun
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and all these other areas, including the fortune,
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is key for selling somebody on joining your team.
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The last one is structure, okay?
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So how do you manage A players?
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And there's a bunch of different strategies that I share,
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but I really wanna leave you with this one
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because I think it's really important when you think about
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how do people get alignment in their actions?
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Every day they get up and they say,
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I could work on 100 things,
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but what would you want them to prioritize?
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What would you want them to focus on
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based on these 100 things and your leadership?
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And to me, it's done through a quarterly theme.
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In your business, every quarter,
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you should be doing a planning session.
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And that planning session should look,
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in the previous quarter and successes and lessons learned
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and also start looking for the next 90 days in your business.
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But part of that planning at the end,
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once you've kind of figured out the strategies,
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it's setting a theme so that everybody else in your company,
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think about this, if you could get, you know,
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if you have 10 people, 20 people, 100 people in your business
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and they're pulling on different pieces of rope,
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different priorities, but they're all pulling
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in different direction, the business is gonna slowly move
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and grow forward, but if you can get them all aligned
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and you've got 100 people pulling that same direction,
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the change will be astronomical.
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So you need to make sure you give them a theme
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for the quarter so that they could,
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you know, one of my good buddies,
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his theme for this quarter is stress the NPS,
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the net promoter score.
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It's a growth number that you can test,
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you can go Google it to find out more about the NPS score.
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But stress the NPS is his theme for his team
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to focus on all their activities to improve the NPS score.
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I think that is probably the most powerful
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when it comes to the structure of how do you manage
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and really lead a player.
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So my question to you, what I want to hear from you guys
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below in the comments is what have you done
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to build your team from a culture point of view,
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from a leadership point of view,
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from even maybe a compensation and recognition
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or rewards level, what have you been inspired
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to create inside of your business?
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Leave me a comment below and as per usual,
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I want to challenge you to live a bigger life
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and a bigger business and I'll see you next Monday.
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If you want to see me wear other bright colored shirts,
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be sure to subscribe to this channel
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and I'd also encourage you to join my newsletter
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where I send you invites to exclusive events,
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free training videos, and community contests.
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And if you want to get going with some more videos,
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check out these couple I've got queued up for you.
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I'll see you next week.
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