Many business owners would argue that a large part of success comes down to having the right people around you. One such a person is Tim Bratz, the President of Legacy Wealth Holdings, who joins us to talk about hiring the right people to build a strong, committed team. The conversation starts with Tim explaining the need for a Steve Jobs and a Steve Wozniak on your A-team: one who is the visionary and one who is skilled at operations and the more technical aspects of the business. He walks listeners through his thought processes around his first hire, how this person propelled his exponential growth, and why hiring an employee to solve each new obstacle is a bad idea. Tim also shares how they have used the DISC personality assessment to pair the right people with the right roles, the importance of doubling down on your strengths by focusing only on those while delegating everything else, and he gives listeners some insight into how the compensation for their core team members is structured to ensure everyone’s buy-in.
Key Points From This Episode:
“You need two types of personalities to run a business. One is kind of that visionary, more the CEO mindset, kind of like Steve Jobs. But you need the technical element which is like the Steve Wozniak.” — @TimBratz [0:01:58]
“What I do know about growth is that it works inversely to control. You have to give up control in order to grow.” — @TimBratz [0:02:26]
Links Mentioned in Today’s Episode:
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