“He broke protocol and brought outsiders into special operations, ... raids that weren't 18 times a month. He moved them to 300 times a month.”
GM
General Stanley McChrystal
Tony Robbins Podcast Daily ·
Jay Boren · Acquiring Minds · Buying a 1-Product Business, Building It to a Big Exit
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Worked in the target business for 18 months, hired its first employees, moved operations out of the founder's house, and built trust with the seller before acquiring it
“He broke protocol and brought outsiders into special operations, ... raids that weren't 18 times a month. He moved them to 300 times a month.”
“We built the team, imagined stores… 18 months later we opened our first store.”
“We were losing $500 a house the way we were doing it. And that is a business where you don't do it with employees. You do it with subcontract labor. And we were not set up to do that. So we just couldn't compete. And we got out of that business pretty early”
“We are staunch believers that most people react really well to being trusted… extremely discerning before they're hired and then extremely trusting once they're hired”
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