Part 5/9:
When discussing team-building, Perkins focuses on finding good operators who can execute the vision. He believes assembling a great team is the foundation of executing any business idea correctly. It’s not just about having a well-constructed plan; it's knowing who will execute that plan. He recalls hiring team members during difficult economic times, emphasizing attracting people who are not just qualified, but enthusiastic about pursuing bigger dreams.
Perkins also shares his belief that the best teams operate with transparency and a commitment to the overarching vision. They have the freedom to make decisions and even fail, which facilitates growth and learning in the long term.