Expert InsightEmpowering▶ 2:00 Superstars work for impact, not for money - they want to make a difference in the world and see how their work changes things for the better
Eric Schmidt, CEO of Google and multibillionaire, told Eben Pagan at a conference that 'superstars work for impact, not for money' when asked about hiring the smartest people in the world
Use serial in-depth interviews to discover if candidates have a proven track record of driving projects to completion
Eben emphasizes asking about every job they've ever had, what projects they were responsible for, and what happened - looking for the pattern of taking responsibility and completing projects
Look for 'drivers' - people who take responsibility and like to deliver results, even if they're not the most charismatic or polished
Eben notes that top performers he's worked with are usually matter-of-fact and to the point, not necessarily well-dressed or charismatic - those who look good outside usually aren't good inside
Test prospective team members by having them do actual work tasks live to reveal their real performance capabilities
When hiring marketing copywriters, Eben wanted to see their previous copy and had them write copy for his company's materials to assess their actual ability to perform
Implement a five-minute daily update system covering results, challenges, and questions to assess team member performance
The system forces team members to zoom out and assess their performance while making it clear to management - some will do it and some won't, which alone tells you about their reliability
TeachingEmpowering▶ 10:48 Conduct daily huddle calls to keep virtual teams coordinated and connected, preventing people from working in silos
Eben started this within the first year or two of his business when he realized the team was 'all over the map' working on different things without coordination
TeachingEmpowering▶ 11:40 Create a daily dashboard with charts tracking top business metrics like website traffic, email subscribers, and sales
After 30 days of tracking daily numbers in a spreadsheet, create charts to see visual trends - after 90 days you'll have control, understanding and confidence in your business you never had before
TeachingEmpowering▶ 13:33 State your top priority at the beginning of every daily huddle call to align your team and prevent distraction
People inside companies don't know priorities even if you've told them because 100 things have happened since you mentioned it last that are conflicting
TeachingEmpowering▶ 14:59 Use collaborative shared documents for agendas, project spreadsheets, and reports to give virtual teams a common workspace
Google offers free office products where several people can look at and change documents simultaneously, giving virtual teams a place to see themselves working together
TeachingEmpowering▶ 17:09 Meet team members in person at least once a year to build trust, connection, and team unity that pays off long-term
After 2-3 years in business, Eben flew his whole team to Las Vegas for a meeting - despite challenges, everyone bonded and connected in a way that didn't exist before, creating increased trust and communication