Ending Soon! Save 33% on All Access

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 Edited by Dan Bova

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

Marketing

Social Media Savvy CEOs Are the Ones Impressing Customers. Here's How to Make Yourself (and Your Brand) Memorable.

CEO impact goes beyond the boardroom. Learn how executive visibility affects your brand and why a strong leadership branding strategy is so critical to your bottom line.

Making a Change

Save Hundreds of Dollars and Learn up to 14 Languages with Daily 15-Minute Sessions on Babbel

Build expanded communication tools for international business ventures.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

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.

Science & Technology

3 Major Mistakes Companies Are Making With AI That Is Limiting Their ROI

With so many competing narratives around the future of AI, it's no wonder companies are misaligned on the best approach for integrating it into their organizations.

Leadership

How a $10,000 Investment in AI Transformed My Career and Business Strategy

A bold $10,000 investment in AI and machine learning education fundamentally transformed my career and business strategy. Here's how adaption in the ever-evolving realm of AI — with the right investment in education, personal growth and business innovation — can transform your business.