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Neil Patel

๐Ÿ‘ค Speaker
1896 total appearances

Appearances Over Time

Podcast Appearances

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

The best piece of business advice I ever got was from a guy named Phil Black. He was one of my investors at Kissmetrics. And it took me six plus years to realize this after he told me the advice. And he says, Neil, as a founder or co-founder, as an entrepreneur,

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

Your only real job that you got to do is hire the right people who have been successful at accomplishing that one thing that you're trying to solve. And if you're trying to solve 10 things, you go find the 10 people that you know can solve it and have a proven track record. And you let them go do their thing. So it took me six plus years to really understand this.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

Your only real job that you got to do is hire the right people who have been successful at accomplishing that one thing that you're trying to solve. And if you're trying to solve 10 things, you go find the 10 people that you know can solve it and have a proven track record. And you let them go do their thing. So it took me six plus years to really understand this.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

And in my ad agency, NP Digital, when we got it started, we hired people who have done it before successfully. So for example, our CEO, Mike Gullickson, was a president of our competitor called iProspect. And globally, I think, I don't know how many people they have now. My guess is 15 plus thousand people, but maybe at the time around seven-ish thousand people.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

And in my ad agency, NP Digital, when we got it started, we hired people who have done it before successfully. So for example, our CEO, Mike Gullickson, was a president of our competitor called iProspect. And globally, I think, I don't know how many people they have now. My guess is 15 plus thousand people, but maybe at the time around seven-ish thousand people.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

So he's ran an agency successfully, and not just once. Before that, he was the CEO of Cabario, did well, sold that. He was head of sales and then CEO of iCrossing, which sold to Hearst. So he's done it three times in our space for companies that aren't identical, but do exactly what we do, and they're close enough to identical. So having him do it the fourth time reduces risk.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

So he's ran an agency successfully, and not just once. Before that, he was the CEO of Cabario, did well, sold that. He was head of sales and then CEO of iCrossing, which sold to Hearst. So he's done it three times in our space for companies that aren't identical, but do exactly what we do, and they're close enough to identical. So having him do it the fourth time reduces risk.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

Having someone who headed up sales for Europe, for iProspect, which is one of our competitors, head up sales for us in Europe is usually low risk. Oh, what'd you do before this? I head up sales for this other competitor and I did great there.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

Having someone who headed up sales for Europe, for iProspect, which is one of our competitors, head up sales for us in Europe is usually low risk. Oh, what'd you do before this? I head up sales for this other competitor and I did great there.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

And when they work for your competition or multiple competitors and they continually got promoted within those organizations, it means that the organization found them valuable. When you interview someone, everyone says they're the reason that things happen great and the business boom. but you don't really know.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

And when they work for your competition or multiple competitors and they continually got promoted within those organizations, it means that the organization found them valuable. When you interview someone, everyone says they're the reason that things happen great and the business boom. but you don't really know.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

But if someone keeps getting promoted within an organization, it usually means the company found them valuable. So if someone stayed at a company for a while, kept getting promoted, and they worked at a few of your competitors and they got promoted at both of them, the chances are when they come to you, they're going to do well, assuming they're a cultural fit.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

But if someone keeps getting promoted within an organization, it usually means the company found them valuable. So if someone stayed at a company for a while, kept getting promoted, and they worked at a few of your competitors and they got promoted at both of them, the chances are when they come to you, they're going to do well, assuming they're a cultural fit.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

You work your way up to them. So there's a person who worked for your competitors who was great at growing them from zero to a million or two million in revenue or even five million. There was another person who's great at growing them from five to 10 and another person from 10 to 100, another person from 100 to a billion.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

You work your way up to them. So there's a person who worked for your competitors who was great at growing them from zero to a million or two million in revenue or even five million. There was another person who's great at growing them from five to 10 and another person from 10 to 100, another person from 100 to a billion.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

Go find the people in different roles that helped them throughout different stages and get them for that stage that you're in. The people at the earlier stages are much more affordable. Sometimes they're going to be expensive, but you can compensate them through equity or you can raise money. There's many ways to convince people.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

Go find the people in different roles that helped them throughout different stages and get them for that stage that you're in. The people at the earlier stages are much more affordable. Sometimes they're going to be expensive, but you can compensate them through equity or you can raise money. There's many ways to convince people.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

We provide anything when it comes to digital marketing and we teach people how to just get more traffic and grow faster. Our ad agency, NP Digital, just does it for companies on a global scale. But if you want free advice, you know, neilpatel.com. All my social handles are Neil Patel and teach marketing every single day. Or if you just want us to do it for you, check out NP Digital.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

We provide anything when it comes to digital marketing and we teach people how to just get more traffic and grow faster. Our ad agency, NP Digital, just does it for companies on a global scale. But if you want free advice, you know, neilpatel.com. All my social handles are Neil Patel and teach marketing every single day. Or if you just want us to do it for you, check out NP Digital.

Leap Academy with Ilana Golan
Neil Patel: From Crushing Failures to Building a Global Marketing Empire | E68

Thank you. Thanks for having me.