Episode of My First Million with Sam Parr and Shaan Puri.
Topics
- Introduction: Andrew Wilkinson and the Lazy Millionaire Philosophy
- Door 3: Hiring a CEO vs. Selling Your Business
- The Criteria: When is a Business Ready for a CEO?
- Finding the Right Candidate: The ‘Number Two’ Strategy
- The ‘Hammer’ Framework and Interviewing for Alignment
- The Transition: Ripping the Band-Aid and Avoiding the ‘Swoop and Poop’
- Diligence: CIA-Style Background Checks and Reference Tricks
- Structuring CEO Compensation and the Problem with Stock Options