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Marketing School - Digital Marketing and Online Marketing Tips

How big agency M&A and hiring works, and World's richest man on being a 'working boss’

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Business, Marketing

4.61.3K Ratings

🗓️ 19 July 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

In episode #2782, we discuss the challenges of competing with companies like Andreessen Horowitz in terms of recruiting and compensation, the hiring process and the value of hiring executives who have experience in the industry, and a mention of J. Paul Getty and his approach to being a working boss. 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) How big agency M&A and hiring works (12:33) World's richest man on being a 'working boss’ (15:53) 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? Please let us know in the comments below 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

I remember one time I was interviewing for a job and then this one they were going to pay like seven figures a year right seven figures and bonuses and

0:08.0

Here's what happened so they put me through the rigor. It was 10 hours of interviews on a Monday, okay?

0:17.2

The next day was another 10 hours, okay? And it was non-stop.

0:21.2

And they even dragged in management consultants in and asked me like oh you know how many how many

0:26.7

tennis balls can you put in a plane I'm like what the

0:29.0

fuck and you just want to see how you think about things, right?

0:32.6

And I do agree.

0:33.2

I think you need to do this for people that are way more senior.

0:36.0

And I think you can have a lighter version for people that are 50, 60 grand or so

0:39.2

because you still want to keep the talent bar high.

0:42.0

That's my opinion.

0:43.7

But if I were you, I just go figure out

0:45.5

how we can hire some of these people

0:46.6

from Andresen-Horowitz, you know,

0:48.4

and run that process.

0:49.4

Because I think what they did was they probably

0:51.4

just hired the best of the best recruiters in the world

0:53.4

and because they're entries in Horowitz, you know what I mean?

0:56.2

And they also know they can do that because they're entries in Horowitz.

0:59.5

The I totally agree with you on just poaching their people.

1:02.8

The hard part is, like you just said,

1:04.7

they're in recent Horowitz.

...

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