Alex Hormozi: How I recruit the best employees in the world...

Last updated: Jun 15, 2023

The video is about how to scale a company through hiring and the internal framework for scaling employees, including the six ways of generating applications and the importance of nurturing them.

This video by Alex Hormozi was published on Nov 15, 2021.
Video length: 09:14.

In this video, Alex Hormozi discusses how to scale a company through hiring and recruitment.

He shares his internal framework for scaling a business, which includes five core functions: application generation, application nurture, interviewing (selling), fulfillment, and retention/ascension. Hormozi emphasizes the importance of being deliberate and aggressive in recruiting and hiring, especially in the current competitive job market.

He also highlights the parallel between generating leads for customers and generating applications for employees, and suggests using the same six methods for both.

  • Alex Hormozi discusses how to scale a company through hiring and the internal framework for scaling employees.
  • There are external and internal frameworks for scaling a business, with five core functions each.
  • The same six ways of getting customers can be used for generating applications, and it's important to have a structured process for nurturing them.
  • Interviewing is still selling, and onboarding is important for retention and ascension.
  • Retention and ascension are important for keeping employees and helping them grow within the company, and should be a part of the company culture.

How I recruit the best employees in the world... - YouTube

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Introduction

  • Alex Hormozi is an entrepreneur, investor, and CEO of Acquisition.com.
  • The video is about how to scale a company through hiring and the internal framework for scaling employees.
  • He talks about the six ways of generating applications and the importance of nurturing them.
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External and Internal Framework

  • Alex Tarfin's external framework has five core functions of a business: lead generation, lead nurture, sales, fulfillment, and retention and ascension.
  • There is a parallel internal framework for scaling employees.
  • The internal framework has five core functions: application generation, application nurture, interviewing, onboarding, and retention and ascension.
  • The same six ways of getting customers can be used for generating applications: paid ads, earned media, owned media, manual outbound, affiliates, and word of mouth.
  • 10 out of 10 high-quality prospects will find a job within eight days, so it's important to have a structured process for nurturing applications.
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Application Generation and Nurture

  • There are six ways of generating applications: paid ads, earned media, owned media, manual outbound, affiliates, and word of mouth.
  • It's important to have a structured process for nurturing applications.
  • 10 out of 10 high-quality prospects will find a job within eight days, so it's important to have a structured process for nurturing applications.
  • Application nurture should have a high likelihood of scheduling and showing up for interviews.
  • Application nurture is just as important as lead nurture.
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How I recruit the best employees in the world... - YouTube

Interviewing and Onboarding

  • Interviewing is still selling, but it's selling the company to the candidate.
  • It's important to sell the company as a better option than other potential employers.
  • There is a war for talent, and companies need to be more aggressive and deliberate in how they recruit and hire.
  • Onboarding is important for retention and ascension.
  • Onboarding should be structured and have a clear plan for the employee's first 90 days.
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Retention and Ascension

  • Retention and ascension are important for keeping employees and helping them grow within the company.
  • Retention and ascension should have a structured process and clear goals for the employee.
  • Retention and ascension are just as important as lead retention and ascension.
  • Retention and ascension should be a part of the company culture.
  • Retention and ascension are important for scaling the company.
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Internal Framework for Scaling Employees

  • Define the process for training employees to ensure they have the necessary skills and knowledge to fulfill their job.
  • Establish communication cadences, job descriptions, KPIs, compensation structure, and opportunities for growth within the company.
  • Retention and ascension of talent is crucial for the success of the business.
  • Identify star players early on and provide them with a clear career path to move up within the company.
  • Create a brand that people aspire to be associated with, making it easier to attract and retain top talent.
  • Have a process and script for indoctrinating new employees and disqualifying those who are not a good fit.
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External Framework for Scaling Employees

  • Generate leads through various channels, including job postings, referrals, and social media.
  • Nurture leads to ensure they schedule and show up for interviews.
  • Sell the company during the interview process to attract top talent.
  • Fulfill on promises made during the interview process to increase the value of the employee.
  • Establish KPIs and compensation structure to manage and motivate employees.
  • Provide a clear path for growth and advancement within the company to retain top talent.

Watch the video on YouTube:
How I recruit the best employees in the world... - YouTube

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