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Thursday, January 9, 2020

My Management Style Secrets | How to Grow Any Business (Churn and Burn Model)--SEO TIPS

 My Management Style Secrets | How to Grow Any Business (Churn and Burn Model)--SEO  TIPS
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Here are my management style secrets.

You find one person who's a hard worker and process-oriented, and you make them do all the work.

I'm a terrible manager.

I hate managing.

My management style is to find one person who does it all and overpay them.

I only hire smart people, so then that way, I don't have to deal with people that need to be trained or people that need to be taught.

Hire really skilled people, overpay, and then we hold Lunch and Learn meetings, to roll-out new marketing strategies.

I'll teach the new strategy to the production team, we record it, and then, boom, you have the recording on file for future training purposes.

We created this marketing doc, and I think right now we're at 176 steps and growing.

Anytime we have a customer, a client, or we're doing marketing internally, we just go down the list.

You do one, number two, number three.

So, if you want to know my management style secrets, here's what you have to do.

Overpay, especially in marketing, hire the best, hire people who are experimenting and learning.

Don't hire people who only want to clock in for a 9-5 job.

I love hiring marketers who have their own side-gigs and projects.

They can experiment on their side gigs and bring what they've learned to my company and in turn we expand and grow.

That's my management style. It works well for me.

I don't like going into the office.

I'm not going to ever manage 20, 30 people.

I just find two or three or four people who can do everything I need, and I work with them and communicate with them on a daily basis, and that's it.

I typically look for people who are struggling and had a good job but didn't get paid well.
ive them profit-sharing or revenue sharing, and I make deals where they have to figure out how to grow the business.

Usually, the ones who know how to manage are process-oriented and are creative rise to the top.

It's expensive. It's not cheap.

You'll pay well into the hundreds of thousands using this management style, if not millions, but it's worth it in the end.

So, as long as you're willing to pay, it's worth it, because they will make you way more money than what they cost you in the long run.
- [Neil] You really wanna know my management style?
- [Man] I really wanna know management style.
- [Second Man] Mike, deal with it.
- All right, so check it out, this is how
I run marketing.
You find one person who's a hard worker
and process-oriented and you make 'em
do all the work.
So I was in the office last week
and, you know, Mike was telling me,
he was like, "Hey, I would love it
"if you could spend time with the sales team,
"listen to their sales calls,
"and give 'em feedback.
"I would love it if you could spend time
"with the production team, find out
"what they're doing, and help 'em improve."
During the whole week while I was
in the office, Mike was like, "Dude, you didn't
"even listen to one sales call.
"All you did was ask the sales guys,
"'Did you close any new deals?'"
And the sales guys started hating me
after a while, right?
And then the production team, I was like,
"How's it going?
"Caught up on work?"
They're like, "Yep."
I'm like, "All right, sounds good."
I'm a terrible manager.
I hate managing.
My style is you find one person
who does it all and the way I make sure
the quality of work is good,
I just overpay and hire smart people,
so then that way, I don't have to deal
with people that need to be trained up
or people that need to be taught
what to do.
Instead, just hire really good people,
overpay, and then we like doing things
called Lunch and Learn,
so there's always new strategies that I use
in marketing or David here uses,
and what we'll do is, I'll teach it
to all the production team
or the people who are doing the marketing
on, hey, here's a new strategy, here's how you
implement it, do you have any questions?
We record it, and then boom.
So we end up creating this marketing doc,
and I think right now we're like
at 176 steps.
So any time we have a customer, a client,
or we're doing marketing internal,
we just go down the list.
You do one, number two, number three.
And it's like crazy, like the first one
on the list is "Remove dates from URLs"
cause a lot of times we'll buy companies.
And what ended up happening was
on the Neil Patel blog, our URL structure was
NeilPatel.com slash year slash month
slash day slash blog topic, right?
It was something like that.
And then we ended up removing the date
structure, creating a theme, cause Google's like,
"Wait, this content's related to a date."
Which didn't do well.
So we created a theme.
So it was NeilPatel.com slash blog slash title of post
and we used breadcrumbs and we put in the categories
and stuff like that, and then boom,
within 30 days, a 54% increase in search traffic.
Which is significant when you're getting
over 100,000 visitors a month from search, right?
We're in the multiple hundreds of thousands from search.
But that strategy worked so well,
and this was like, you wanna manage?
Overpay, especially in marketing, just overpay,
hire the best, hire people
who are experimenting and learning.
Don't hire people who are like,
"Oh, I'm only gonna work for you."
I love hiring marketers who are just like,
"I have my own blog, I'm doing my own side channel."
I'm like, yeah yeah, you keep doing experiments
on your side shit.
Once you learn some cool shit,
bring it over to my company and let's expand
and do better.
But that's my management style.
And it works really well for me.
I don't like going into the office.
I'm not gonna ever manage 20, 30 people.
I just find like two or three or four people
who can do everything that I need
and I just work with them
and communicate with them on a daily basis
and that's it.
- [Man] How do you find those people?
- I don't have a good process of finding 'em.
I typically look for people who are struggling
and had a good job but didn't get paid well.
So, like, Mike came from the car dealership industry
where the car dealership that he was running
was a Mazda dealership.
They were struggling and he had to figure out
how to hire people, make it grow,
and be creative.
So I'm not really looking for people
who know marketing.
I'm looking for people who know how
to hire, who know how to fire,
who are creative, who can build up processes,
and I have this churn and burn model,
although that sounds bad.
I'll hire a few people, test them out,
or live with them, like,
cause I have a house, empty rooms, like,
"Okay, you can stay at my house."
And they have to be able to learn on their own,
just pick up from listening to me talk
about marketing and eventually they'll learn the ropes.
And they have to come up with creative strategies
on how to make more money for the business.
So I won't take 'em and be like,
"Here, here's what I want you to do."
Instead I look for people who are pretty much
entrepreneurs but don't have the capital.
I put 'em into my business,
I'll give 'em profit-sharing or revenue sharing
and I do deals where you gotta figure out
how to grow this business.
And usually the ones who know how
to manage are process-oriented
and are creative are the best at that.
It's expensive.
It's not cheap.
You'll pay well into the hundreds of thousands,
if not millions, like, you look at Mike,
two Lamborghinis, right?
Adds up.
So, as long as you're willing to pay,
but it's worth it, cause those guys'll make you
way more money than whatever they're costing you.
- [Man] What's the deal with Lamborghinis
and marketing? (laughs)
- I don't know.
A shitload of people on YouTube
are showing up.
I just got Mike to sell his
and now he drives like a little electric bike.
He's like, eh,
and he like, "Dude, I just got this crazy one
"for like 2,000 bucks.
"It goes up to like 35 miles an hour."
I'm like, cool, as long as you're not
wasting money on cars.
But I really don't get it.
People think they're cool
and a lot of marketers, what they're doing
is they're either leasing 'em
or they're renting 'em out,
the smart ones are, cause you can rent out
your car for more than the lease payment,
so you kind of have a free car.
But I don't understand it.
I think it's like their dream
or passion, but once people get all this shit
they realize it's stupid.

Mike came from the car dealership industry where the car dealership he was running struggling, and he had to figure out how to hire people, make it grow, and be creative.

I'm not looking for people who know marketing.

I'm looking for people who know how to hire, who know how to fire, who are creative, who can build up processes.

I have this churn and burn model, although that sounds bad.

I'll hire a few people, test them out, or live with them, I have a house, with empty rooms and they come and stay with me for a trial period.

They have to be able to learn on their own, just pick up from listening to me talk about marketing and eventually they learn the ropes.

They have to come up with creative strategies on how to make more money for the business.

I look for people who are entrepreneurs but don't have the capital.

I bring them into my business, I'll g




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