Dan Martell - November 20, 2024


When you should hire employees


Episode Stats


Length

23 seconds

Words per minute

235.29

Word count

92

Sentence count

4


Summary

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

If you can pay someone to buy an hour of your time, but they can make four times the amount you paid them, good trade. When is it time to hire employees? And if you can't figure that out, don't hire them yet. Get better and eventually you'll be more productive.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 When is it time to hire employees?
00:00:02.000 And if you can pay somebody to buy an hour of your time,
00:00:05.180 but go make four times the amount that you paid them,
00:00:08.160 good trade.
00:00:08.860 So when should you?
00:00:10.520 When you can tell me or tell yourself,
00:00:12.620 with this time I'm gonna buy back,
00:00:14.140 I'm gonna go do this activity
00:00:15.580 and it's gonna make me four times as much money
00:00:17.460 as I paid that person.
00:00:18.320 If you can't figure that out, don't hire them yet.
00:00:21.220 Get better and eventually you'll be more productive.