EP 505 - Hire Fast, Fire Faster, and Let Bad Hires Teach You

What did you think of todays show??You will hire ten people to find one good one. Are you firing the other nine fast enough? We get into why you hire fast and fire faster, what every bad hire teaches you about the role you actually needed, and why your best next employee might be a $20-an-hour rockstar in the Philippines. Mike is also rebuilding from a wildfire, and it changed how he thinks about coverage, public adjusters, and why cheap policies are the real scam.Topics discussed:Introduction (00:00)Why entrepreneurs and hobbies mix badly (00:56)What the wildfire taught Mike about insurance (08:35)The Cambodia pouch that saved $3,000 (12:07)How a public adjuster beats the insurance company (14:29)Why working for yourself beats disaster (17:12)Letting the team run while you can't (20:16)Hire fast, fire faster, one in ten (23:05)Every bad hire teaches the real role (24:52)Why the virtual assistant hire is dead (30:07)How a $20 Philippines hire outclasses yours (33:26)Klarna, kids, and absurd US travel costs (40:41)Follow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_deals/This episode was produced by Podcast Boutique https://www.podcastboutique.com (https://podcastboutique.com/)---