The Social Media Millionaire™

The mistake that cost me $700,000 (maybe more)


Listen Later

CLICK HERE to claim that free audit!

I made a $700,000 mistake. Six bad hires in one year. And after firing the sixth person, I had to ask myself: who's the common denominator here? Me. In this episode, I'm breaking down every hiring mistake I made so you don't have to. I'll walk you through when to hire, who to hire, how to hire, how to manage, and how to fire people. I'll give you the exact framework I use to decide when someone needs to go, when to hire a closer vs. a setter and what revenue justifies each, why most people don't need a new team member but a better system, how to give feedback without being "the bitch," the real revenue per employee you should be targeting, and why $50K-$100K months is too late to be hiring if you're strategic about it. Plus, I'll share the five-step framework I use before letting someone go, the order of hires that actually makes sense, and why being afraid to hold people accountable cost me over half a million dollars. Most of the time, you don't need a new team member. You need a cleaner system. I learned that the $700K way.

...more
View all episodesView all episodes
Download on the App Store

The Social Media Millionaire™By Laney Media

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

11 ratings


More shows like The Social Media Millionaire™

View all
Build Your Tribe | Grow Your Business with Social Media by Brock Johnson

Build Your Tribe | Grow Your Business with Social Media

2,627 Listeners

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

12,068 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

580 Listeners

On Purpose with Jay Shetty by iHeartPodcasts

On Purpose with Jay Shetty

27,653 Listeners

The Jamie Sea Show by Jamie Sea

The Jamie Sea Show

637 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

29,285 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,077 Listeners

Build with Leila Hormozi by Leila Hormozi

Build with Leila Hormozi

932 Listeners

Good Content with Shannon McKinstrie by Shannon McKinstrie

Good Content with Shannon McKinstrie

125 Listeners

Running With Wolves by Savannah Jordan

Running With Wolves

20 Listeners

Ambitious Podcast by Kate Perkovic

Ambitious Podcast

18 Listeners