How to Build a Billion-Dollar Company by Working Smarter, Not Harder. Hereโs how: Building a billion-dollar company isnโt a solo game. Right now, AI isnโt advanced enough to create an empire on its ownโsuccess takes a team. So hereโs my advice: focus on multiplying money, not just by working hard, but by getting work done. Manage your efforts smartly: handle 20% yourself and outsource the other 80% to those who are experts in their field. Hire the best to join your team. If youโre intent on doing all the work, youโll need 100% knowledge in every areaโwhich is nearly impossible. But if youโre managing and delegating, aim to have 20% understanding in each area, so you can bring in top talent to handle the rest. Think of it this way: keep soft skills, like communication and leadership, strongโthese canโt be outsourced. And in hard skills, make sure your problem-solving abilities are top-notch. These are skills youโll eventually outsource, but theyโre essential for a strong start.๐
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