3 Hiring Options, 2 Financial Disasters

I once rang up an Aussie friend of mine to chat about how to explain what I do in simple terms. He listened to me, then blurted out, “You’re the moneyball guy!”

If you’ve watched the movie, that’s the guy who turned baseball from “gut instinct” and “good old boys club” to running on statistics and probability.

Please understand… I don’t wear pocket protectors, and I’m not 150 pounds overweight… but I’ll take it! It inspired me to go watch the moneyball movie again…

Fast forward…

A client hired me to help them make a decision a new hire. They had a few directions they could go:

1. a newbie

2. a middle-of-the-road hire

3. a high-performing candidate

They had a few factors they were considering, such as:

• cashflow requirements for strategic investments

• maximum utilization of existing resources (marketing, etc)

• fit into management culture

I put together a spreadsheet, then got on a call. We walked through the numbers. As we dug in, it became very clear that the economics (on both profitability and cashflow) for options 1 and 2 wouldn’t work.

We also found ways to simplify the decision-making process.

Then, we cross-checked our numbers with what we knew to be true in the real world.

Finally, we took everything we discussed and packaged it in investor-friendly terms for decision-making by the owners.

Near the end of the call…

The client stopped, looked at me, and said, “I think you’ve just combined moneyball with street ball.”

I took the statistics from the game of business. I combined them with the street smarts of what’s going to work. And while the future is far from certain from any of us, I helped point them in the direction that had the highest probability of success.

Needing someone to help you with the moneyball and street ball of business?

Reach out…
I’m always in the mood to help build winners.