How to Grow From A 7-Figure 'Small Business' To An 8- or 9-Figure Empire w/ Jeff Hoffman

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneur, Amazon, Lifestyledesign, Investing, Startup, Ryandanielmoran, Finance, Cashflow, Freedomfastlane, Lifestyle, Business, Passiveincome, Financialfreedom, Entrepreneurship

4.8 • 793 Ratings

🗓️ 25 December 2017

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Full show notes at https://freedomfastlane.com/

Jeff Hoffman is a remarkable, internationally-successful entrepreneur.

But he attained that success by hiring the best, building a team with them, getting out of their way, and treating them with compassion and respect.

This let him enter industries that he had no professional experience in - like building airport ticket kiosks, and working in film and music - and make a major impact.

Jeff’s incredible journey includes inspirational stories about how scaling to success beyond your dreams means treating your colleagues and employees with empathy. He once declined a potential joint venture when the other company’s CEO spoke derisively of his staff playing baseball at work one morning.

Why pass something like that up? Because he knew in that moment that his counterpart did not respect his employees’ judgment the way he did. And that would have posed trouble for potential joint work.

Join us today on the Freedom Fast Lane as we hear this amazing story and more from Jeff Hoffman. You’ll come away inspired to focus on doing what’s right, on doing what’s good, on being the best person you can be to those around you.

And that’s how you attract the best and brightest to make a strong impact in the business world.

Key takeaways:

Your success relies on persuading smarter people to help you
You win in business by empathizing with your team
Don’t let money denigrate you and your team

Connect with Jeff

On Linkedin
On Twitter

Transcript

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0:00.0	The reason you have no meetings today is because you hired people so competent, so well trained, and so empowered that we literally do not have any problems anywhere.
0:10.4	The company is kicking butt, growing, everything is working perfectly, you can just go home.
0:15.8	Your job is to design yourself out of a job.
0:24.5	Thank you. is to design yourself out of a job. You're listening to Freedom Fastlane presented by Capitalism.com.
0:29.0	This is the show about building businesses and investing the profits so that you can live life on your terms.
0:44.6	Thank you. You can live life on your terms. Morning.
0:45.8	And thanks my friends for being here in this section.
0:48.2	Oh, you guys.
0:49.5	Today, if we can bring the slides up,
0:51.8	Ryan and I had a long talk about what we should talk about, and we decided we're going
0:57.8	to talk about teams, building teams, the hiring, the talent process, and the fact that the
1:04.0	truth is in life that the best team really does win.
1:06.9	So that's going to be my topic for today.
1:08.5	Can we get the slides up over?
1:09.9	Okay, there we go.
1:11.6	And I'm just going to jump right in. And I want to start with sports, something that Ryan and I very much have in
1:16.7	common. If you haven't seen this, this is something that Ryan posted. From the day Ryan and I met,
1:22.6	Ryan told me he was going to buy the Cleveland Indians. On the last couple of years, their price seems to have gone up because they're actually
1:28.3	playing good baseball.
1:29.6	But it made me think about something that in sports, the concept of team is so obvious,
1:35.4	and it's just not so obvious in business, and especially in entrepreneurship.
1:39.9	And I want to start there.
	...

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