5 • 867 Ratings
🗓️ 27 January 2025
⏱️ 22 minutes
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Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.
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0:00.0 | Keeping cancer's teammates around is literally the most expensive mistake that you could make. |
0:05.6 | They kill productivity. They destroy morale and they push away your best people. |
0:11.4 | They make everything worse. But when you take action, everything can change. |
0:18.4 | What's up guys? Welcome back to build. And today we are talking about a topic that every entrepreneur, great business owner, manager, or team leader is going to face. |
0:27.9 | And that is, what do you do when you've got a cancer on your team? |
0:31.4 | Trust me, I know this topic and I know it too well because guess what? |
0:35.8 | Even if you build an amazing culture, you build that |
0:39.0 | culture because you make sure that you don't have cancers on your teams. And so it's not that |
0:43.1 | businesses that have amazing cultures and have great businesses don't ever have to deal with |
0:48.3 | cancerous teammates. It's that they know how to deal with cancerous teammates. It's that it's not |
0:52.3 | that they never have them on the team. It's that they know how to respond when they are on the team. And so this is really top of mind for me |
0:59.2 | because when I was building my first company, this was one of the hardest things I had to |
1:03.4 | protect for and from. And, you know, even to date with Acquisition.com, it is one of those things I am |
1:09.5 | on the lookout for. |
1:11.4 | Because here's the thing. When your business starts growing quickly, people are desperate for help. |
1:16.3 | They want to bring people on the team. They want those people to help them. They're feeling like, |
1:19.8 | gosh, I really need somebody to help me. I'm desperate. Right. And so sometimes what happens is that |
1:23.7 | they might, you know, use rose colored glasses when they're selecting people to be on the |
1:29.5 | team. You do your best to make sure that people cannot get on the team who are cancers |
1:33.9 | when you're hiring. And you do your best to make sure that you're hiring managers don't have |
1:38.5 | rose-colored glasses. But sometimes these people are going to sneak through. And so what I want to |
1:44.0 | talk about is, what do you do when these people do end up on your team? |
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