Insights/Leadership
Leadership6 min readFebruary 2025

What Is a People-First Business Strategy (And Why Most Founders Get It Wrong)

Your team isn't a resource. They're your business.

AH
Aaron Hageman
Founder, 75x Strategy · Former Walmart Exit

Every founder says people are their most important asset. Almost none of them actually build their business that way. I know because I've been in the room — and I've seen what happens when you treat people like a cost center instead of a growth engine.

01People-First Doesn't Mean Soft — It Means Strategic

When I say people-first, I'm not talking about ping pong tables and unlimited PTO. I'm talking about a deliberate strategy to build, develop, and retain the human infrastructure that your business runs on. That's not soft — that's the hardest and most important work a founder can do.

A people-first strategy means you hire for culture fit and coachability before you hire for skill. It means you invest in development before you need to. It means you build systems that make your people better at their jobs, not just systems that extract more output from them.

The businesses that scale fastest aren't the ones with the best product or the most funding. They're the ones with the best teams. And the best teams don't happen by accident — they're built intentionally.

02The Ripple Effect: One Good Job Changes Everything

I built my career in workforce management and staffing. I've placed tens of thousands of people in jobs. And what I learned — what I believe in my bones — is that one good job changes a person's life. It changes their family. It changes their community. That's the ripple effect.

When you build a people-first business, you're not just building a company. You're building a platform for human potential. Every hire you make, every leader you develop, every culture decision you make has a ripple effect that goes far beyond your P&L.

That's not just idealism — it's strategy. Businesses with strong cultures have lower turnover, higher productivity, and better customer outcomes. The ripple effect is real, and it shows up in your numbers.

03How to Actually Build a People-First Culture

Start with clarity. Your people can't perform at their best if they don't know what's expected of them, how they're being measured, and where they fit in the bigger picture. Clarity is the foundation of a people-first culture — not perks.

Then invest in development. Not just training programs — real development. Mentorship. Stretch assignments. Honest feedback. The best leaders I've ever worked with were the ones who made their people better, not just the ones who got the most out of them.

Finally, build accountability without micromanagement. A people-first culture isn't one where anything goes — it's one where expectations are clear, autonomy is real, and consequences are consistent. That's how you build a team that performs without you having to watch every move.

04Why People Systems Are Your Competitive Moat

Your competitors can copy your product. They can undercut your price. They can steal your clients. But they can't copy your culture. They can't replicate the institutional knowledge your team has built. They can't duplicate the trust your people have in each other and in your leadership.

That's your moat. And it's built through consistent, intentional people investment over time. The companies that are hardest to compete with aren't the ones with the best technology — they're the ones with the best teams.

I've seen this play out in acquisition after acquisition. The businesses that command premium valuations aren't just the ones with strong revenue — they're the ones where the leadership team could run the business without the founder. That's people-first strategy paying off at exit.

The Bottom Line

A people-first strategy is the highest-leverage thing you can do as a founder. Build the right team, develop them intentionally, create a culture of clarity and accountability, and watch what happens to your business. People aren't your most important asset — they are your business.

#people#culture#leadership#hiring#strategy

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