Collecting Keys Podcast
Collecting Keys is a weekly real estate investing podcast hosted by Mike DeHaan, Dan Austin and Dylan Koch, three active investors with hundreds of wholesale, flip, rental and creative-finance deals between them. Since 2021 the show has published more than 500 episodes on finding off-market deals, wholesaling, novations and subject-to, flipping, rentals, private lending and scaling a real estate business, plus straight talk on the market and on the gurus selling courses.
Collecting Keys Podcast
EP 505 - Hire Fast, Fire Faster, and Let Bad Hires Teach You
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What did you think of todays show??
You will hire ten people to find one good one. Are you firing the other nine fast enough? We get into why you hire fast and fire faster, what every bad hire teaches you about the role you actually needed, and why your best next employee might be a $20-an-hour rockstar in the Philippines. Mike is also rebuilding from a wildfire, and it changed how he thinks about coverage, public adjusters, and why cheap policies are the real scam.
Topics discussed:
Introduction (00:00)
Why entrepreneurs and hobbies mix badly (00:56)
What the wildfire taught Mike about insurance (08:35)
The Cambodia pouch that saved $3,000 (12:07)
How a public adjuster beats the insurance company (14:29)
Why working for yourself beats disaster (17:12)
Letting the team run while you can't (20:16)
Hire fast, fire faster, one in ten (23:05)
Every bad hire teaches the real role (24:52)
Why the virtual assistant hire is dead (30:07)
How a $20 Philippines hire outclasses yours (33:26)
Klarna, kids, and absurd US travel costs (40:41)
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This episode was produced by Podcast Boutique https://www.podcastboutique.com (https://podcastboutique.com/)
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