My First Million
A Masterclass On Hiring A CEO To Run Your Company ft. Andrew Wilkinson
Sam Parr and Shaan Puri brainstorm new business ideas based on trends & opportunities they see in the market. Sometimes they bring on famous guests to brainstorm with them.
Show Notes
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Episode 587: Andrew Wilkinson ( https://twitter.com/awilkinson ) teaches the exact step-by-step process he uses to find, diligence, hire, and transition a great CEO.
Get Andrew’s CEO Hiring Guide and Checklist - https://tinyurl.com/ms8938kn
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Show Notes:
() Intro
() Why you need a CEO
() The third door: leave the business, keep the cash flow
() Get back to your flow state
() Step 1: Are you ready to hire a CEO?
() Is this going to hurt my business?
() Step 2: Find the RIGHT CEO
() Hiring a recruiter
() Look for a #2 with the right hammer
() Be a collector of people
() Step 3: Diligencing the candidate
() Green flags, yellow flags, and red flags
() 2x not 20x
() Step 4: First 100 days
() Don't poison the water
() Flesh wounds not mortal wounds
() Meet them in person
() More on diligencing: Trust but verify
() The DIY path
() Step 5: Negotiating and structuring compensation
() Uncapped bonuses vs equity
() Myth: Is a founder-led business always better?
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Links:
• Srch - https://www.srchpartners.com/
• Business Intelligence Advisors - https://www.biadvisors.com/
• Never Enough - https://neverenough.com/
• Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym
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Check Out Shaan's Stuff:
Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd
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Check Out Sam's Stuff:
• Hampton - https://www.joinhampton.com/
• Ideation Bootcamp - https://www.ideationbootcamp.co/
• Copy That - https://copythat.com
• Hampton Wealth Survey - https://joinhampton.com/wealth
My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano
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