• Hiring A-Players Without Overpaying

  • Dec 27 2023
  • Length: 10 mins
  • Podcast

Hiring A-Players Without Overpaying

  • Summary

  • In this episode of Becoming Unleashed, Richard Shaull expresses concern for business owners: hiring A-players without draining resources. He shares insights on the myth of affordability and the hidden costs of not investing in top talent. Richard narrates a personal story of the perils faced due to settling for B-players and outlines the imperative to recruit individuals with innate talents, the "A-players," for sustainable growth. Drawing from Patrick Lencioni's model and Maslow's hierarchy, he explores what truly motivates high-performing individuals and unveils strategies to attract, retain, and nurture A-players within entrepreneurial teams.

    KEY TAKEAWAYS

    • Hidden Costs: Choosing B-players over A-players can lead to extensive time and resource drain, hindering business growth and even causing financial setbacks.
    • Defining A-Players: A-players possess unique talents, excel independently in their roles, and outperform others significantly in the long run.
    • Attracting A-Players: Understand and cater to the higher-level needs of A-players—belonging to a high-performance culture, personal growth opportunities, and a chance to make a substantial impact.
    • Opportunity Recruiting: Leverage your company's vision and growth potential as a magnet for A-players, emphasizing career fulfillment beyond monetary benefits.

    QUOTES

    • "It's far more expensive in the long run not to hire A-players."
    • "A-players have a talent for their role that allows them to produce two to three times more than someone else."
    • "The real key to attracting A-players isn't just offering more money or a fancier benefit package."
    • "We have a vision and a growth opportunity that can speak to these A-player career needs."

    Connect and learn more about Richard Shaull.

    LinkedIn: https://www.linkedin.com/in/richard-shaull/
    Website: https://www.unleashed.ceo/

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