The EntreLeadership Podcast
The EntreLeadership Podcast

How to Generate Top Applicants for Your Business

March 30, 2026

AI Summary

5 min read

Armando Lopez, Ramsey Solutions' senior executive director of HR, explains to host John Felkins how even a high-profile company like Ramsey, with 24,000 applicants year-to-date, struggles to fill specific roles and has adapted its hiring process. The core problem is generating enough qualified applicants to create real choices, avoiding desperate hires that lead to turnover. Lopez stresses that the best outcomes—hiring humble, hungry, smart people with the right skills—require active and passive efforts to build applicant flow, combined with treating candidates well throughout.

Why Applicant Choice Matters

Without multiple qualified candidates, leaders compromise on hires they later regret. Lopez notes that interviewing from scarcity biases you toward "hoping it works out" rather than selecting rigorously. This desperation is common, especially when ads or signs yield few responses. The psychology here ties to decision-making under pressure: abundance allows objective evaluation against cultural fit and skills, while scarcity forces suboptimal picks. Even in a softening economy boosting applications at Ramsey, most aren't qualified, underscoring the need for targeted flow to enable choice.

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What you'll learn

  • 1 (00:04) **Hiring Challenges Introduction** - Hosts discuss the difficulty of attracting great talent, even at Ramsey Solutions.
  • 2 (01:43) **Generate Applicants Everywhere** - Use team activities, t-shirts, business cards, and invoices with QR codes or "now hiring" messages.
  • 3 (02:25) **Importance of Applicant Choice** - Best hires come from having options, avoiding compromised picks you'll later fire.
  • 4 (03:53) **Active vs Passive Recruitment** - Combine reaching out directly (active) with advertising (passive) to build applicant flow.
  • 5 (05:22) **Employee Referral Programs** - Start here for high-retention hires; pay bonuses publicly to encourage team.
  • 6 (08:41) **Move Beyond Job Postings** - Old "post and pray" model is dead; sponsor events where target audience gathers.
  • 7 (09:35) **Onboard New Hires Intentionally** - Call/text welcomes post-offer to build excitement before day one.

+ Full timestamped outline available in the app

Show Notes

If you’re only interviewing whoever happens to apply, you’re already settling.

In this episode, you’ll discover practical ways to get in front of better candidates, leverage referrals, and create buzz so the right people want to work for you.

 

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 Listen to More From Ramsey Network:

🪑 Front Row Seat with Ken Coleman

🎙️ The Ramsey Show

💸 The Ramsey Show Highlights

🧠 The Dr. John Delony Show

🍸 Smart Money Happy Hour

💡 The Rachel Cruze Show

💰 George Kamel

 

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