Dan Martell - July 27, 2024


There's 2 engines in every business...

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Episode Stats


Length

44 seconds

Words per minute

217.06

Word count

162

Sentence count

8


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Every business has two engines, the engine that gets the customers and the engine which gets the talent or the team. And if all you do is spend 99% of your time building the customer engine to get new customers, but you don t build the engine to identify and bring in great talent into your business, then you won t be able to keep up with the demand.

Transcript

Transcript generated with Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Not being able to hire fast enough is just as bad
00:00:03.100 as not building a marketing engine to get customers.
00:00:05.600 Every business has two engines,
00:00:07.220 the engine that gets the customers
00:00:08.820 and the engine that gets the talent or the team.
00:00:11.560 And if all you do is spend 99% of your time
00:00:14.360 building the customer engine to get new customers,
00:00:17.800 but you don't build the engine to identify
00:00:19.940 and bring in great talent into your business,
00:00:22.520 then you won't be able to synchronize with the demand.
00:00:25.240 Those are two things that have to happen in parallel
00:00:27.140 so they come together at the exact same moment.
00:00:29.260 You add 10 new clients, you add that new hire.
00:00:31.960 You add 10 more clients, you add another hire.
00:00:34.740 And because you know how long it takes you to hire them,
00:00:37.340 you never feel like you're behind
00:00:38.540 because both of them are coming together
00:00:40.220 at the exact same time.
00:00:41.880 That is building a talent acquisition engine.