Monday, January 24th, 2022

Hire The Best

“I look for three things in hiring people. The first is personal integrity, the second is intelligence, and the third is a high energy level. But if you don’t have the first, the second two don’t matter.” – Warren Buffett, CEO, Berkshire-Hathaway

In a recent podcast with Dan Hood, Allan Koltin talked about the need to not only hire people but to hire THE BEST people. I couldn’t agree more.

What I have observed happening now is that firms are hiring whoever they can find. Don’t embrace a hiring philosophy that says if the person is breathing, hire them.

Don’t be desperate – – if you are desperate, you hire average people. to me “average” means mediocre and that leads to a mediocre firm that will eventually go nowhere.

So many firms are merging up now because they have been hiring mediocre people for many years and now they have no future leaders. Much of this has been brought on by complacency. Firm owners have been very comfortable for too many years.

So, hire the top students – compete with the Big 4 if you have to. Be very generous with training dollars for your all-stars. You don’t have to treat everyone the same. Weed out poor performers and the clients that cause the most headaches and frustration.

Build an all-star team serving all-star clients!

  • "People inspire you, or they drain you. Pick them wisely." "
  • Hans F. Hasem

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