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Action Academy | Replace The Job You Hate With A Life You Love

How A Billionaire Identifies & Hires Rockstars, Scales His Companies, And "Stays In His Lane"

Action Academy | Replace The Job You Hate With A Life You Love

Brian Luebben

Corporate, Careers, Business, Financial Freedom, Small Business, Entrepreneurship, Biggerpockets, Investing, Millionaire, Real Estate, Passive Income, Alex Hormozi, Commercial Real Estate

5683 Ratings

🗓️ 12 June 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

What if you could transform your business from zero to billions in annual revenue? Discover the secrets to scaling up as we chat with billionaire entrepreneur Jeff Hoffman, the founder of Priceline, Booking.com, and other travel websites. Jeff shares his invaluable insights on delegating tasks, hiring the right people, and understanding your strengths and weaknesses as a CEO. Learn how to identify, train, and retain rockstar employees and how staying true to your company culture can lead to s...

Transcript

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0:00.0

What's up? Good morning or good afternoon to everyone listening to another episode of the Action Academy

0:05.4

podcast. This is your host as always Brian Lubin. Happy Monday or whatever day you're listening to

0:10.6

today's episode. Today's show is a highlight real episode from the interview I did with Mr. Jeff

0:16.8

Hoffman, the billionaire founder ofpriceline.com, booking.com, and many other travel websites.

0:23.7

This guy is essentially the father of online traveling. Today, ladies and gentlemen, I'm putting

0:29.1

a billionaire in the car with you, front seat, sitting shotgun as your passenger for your ride

0:34.6

to work, from work, or wherever you're listening. This show is going to cover Jeff's hiring process in depth. It talks about how he was able to

0:43.3

scale outside of just him when he was starting his company from literally zero to billions

0:47.7

and billions of dollars of annual recurring revenue, how to delegate, how to hire, how to

0:53.4

identify and train and retain rock stars, advice that we all

0:57.7

need at every single stage of our entrepreneurship journeys. So, since I am giving you a billionaire

1:05.3

for free, guys, come on, come on, pay the fee. Share this show with at least one person, at least one person that you think would get value from it.

1:16.4

And tell them to subscribe to the show. This is how we grow it organically. We don't do any paid advertising. It's all word of mouth and through you guys. Also, in closing, if today's the day that you decide it is time to take action and leave your W2 job through real estate and business acquisition, go in the show description, click the link to apply for our Action Academy community.

1:35.9

We'll hop on the phone for 15 minutes, and if it's a fit, we'll get to work on changing your life, and if it's not, we'll just coach you for free and send you on your way. I'll also include the link to Jeff's

1:45.0

full interview in the show description as well. And without any further ado, Mr. Jeff Hoffman.

1:49.9

Let's talk about one of the struggles of CEOs, especially early on. You have a quote where it says

1:57.2

that CEOs need to stay in their lane. And to your example, before you were marketing.

2:02.6

You needed to surrender the rest of the business and all the software and IT to all the other

2:07.3

people. One person is not the best at seven things. You need to find your lane. Can you talk a little

2:12.3

bit about that because I struggle with that? And I know thousands of other people struggle.

2:18.6

Yeah. You know, Brian,

2:24.6

what's interesting is one of the worst thing that happens to leaders is success. You start a company and at the beginning, it's only you and maybe a co-founder. So you're wearing seven hats. You do

...

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