📺 Stream EntrepreneurTV for Free 📺

How to Hire the Right People for Your First Business Peter Voogd talks with Ryan Blair on success tips for your growing company.

By Peter Voogd

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

In this video with Entrepreneur Network parner, Peter Voogd, who interviews Ryan Blair, the CEO of ViSalus, about his advice on when to make make a game-changing move when managing your company. Blair is an advocate for surrounding yourself with the best people. He recommends to aim high and hire people who are better than you.

If you can't afford to pay your employees a salary, an alternative is giving equity in your company. This way, you can trust these people as well as count on them make a profit together on your journey together.

Entrepreneur Ryan Blair advises early-stage business owners to go ahead and pay people to do the work they're not particularly good at or don't have the bandwidth to handle. The best bet is to offer the best benefits, when you can, and avoid cutting corners as to get the highest quality workforce. Ryan Blair advises modern-day entrepreneurs to be coachable and passionate about your business to the point you will stay resilient even in times of tough competition. Blair also sees the benefit of acquiring new knowledge with intention: Learn, apply, then harness these lessons to modify your business.

Click the video to hear more from Voogd and Blair's conversation.

Related: How Unconventional Thinking Can Lead to Early Retirement

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Amazon Fire, Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Peter Voogd

Leading Authority for Young Entrepreneurs

Peter Voogd is the author of the best selling book 6 Months to 6 Figures, as well as the founder of The Game Changers Academy. He's a leading authority on Gen y leadership who has trainedand inspired well over 4,500 entrepreneurs with his true story of going from dead broke to a six figure income within six months. His podcasts, videos, websites and social media reaches more than 200,000 people monthly.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Peter Voogd

What You Should Do When You're Not Where You Want to Be

How to Turn Anxiety Into Confidence

Here's How You Can Pick and Master Your Niche

Editor's Pick

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Leadership

Why Companies Should Prioritize Emotional Intelligence Training Alongside AI Implementation

Emotional intelligence is just as important as artificial intelligence, and we need it now more than ever.

Business News

Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule

On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected.