Alex Hormozi explains the concept of management debt—the cost of doing everything yourself instead of hiring—and how to overcome it to scale.
Alex Hormozi explains the concept of management debt—the cost of doing everything yourself instead of hiring—and how to overcome it to scale.
A throwback episode focusing on why founders incur management debt by not hiring the right people at the right time and the financial consequences of that debt.
Covers the first five essential hires and the various forms of debt (management, technical, cultural) that founders naturally accumulate during early growth.