Answering Year-End Questions Worth Asking

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Business, Marketing

4.6 • 1.3K Ratings

🗓️ 23 December 2024

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

In episode #2889, Eric Siu and Neil Patel discuss key reflections for the end of the year, focusing on business improvement ideas, the importance of hiring high-quality talent, and the need to identify and eliminate ineffective practices within the organization. Don’t forget to help us grow by subscribing and liking on YouTube! Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) TIME-STAMPED SHOW NOTES: (00:00) End of Year Reflections and Business Improvement Ideas (04:45) Identifying Stupid Practices in Business (09:53) Managing Team Dynamics and Personal Growth (15:02) Financial Management and Strategic Investments (17:10) That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more! Leave Some Feedback: What should we talk about next? Did you enjoy this episode? If so, please leave a short review. Connect with Us: Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel X @ericosiu

Transcript

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0:00.0	So now let's end our wrap up with great end of the year questions to always ask.
0:04.7	And I found this on Instagram for this guy named Eric O'Soo.
0:09.5	So I'm going to read them to you.
0:11.1	You can answer them.
0:12.0	And then I'll answer them after as well.
0:14.3	Or we can actually do one by one.
0:15.9	So what is the single best idea you have to improve your business?
0:21.1	This is so good. I asked people, by the way, guys, before I answered the question, we send an anonymous survey to everyone and they have to answer that question.
0:28.9	So it's anonymous. What's the single best idea that you have to improve the business, right? And then we'll go to the second one.
0:34.7	My single best idea to improve the business, this sounds cliche,
0:39.4	but I say this almost every week to the team, right? We have to have an unreasonably high talent bar,
0:45.0	or outrageously high talent bar, right? And the quote that I like, I actually threw this up on
0:48.7	Twitter today, I don't think, I think it's my quote actually. So, so basically, a low performer will cost you far more than an empty seat, right?
0:58.7	And the problem with, especially agency, because it's such a people business,
1:02.8	is everyone's asking for more resources all the time.
1:05.0	It never ends, right?
1:06.2	Everyone's asking for more resources.
1:08.0	And so my job is to make sure and that I'm involved as much as I can
1:13.4	with hiring. And even Jeff Bezos has said, like, I wish I could be, I could have been more
1:17.5	involved with hiring past the first thousand people or so. Or Tony Shoe from DoorDash,
1:21.4	he was involved for the first 1,000 people or so, right? I find that the more involved I am
1:25.4	with hiring, the better we are and the better,
	...

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