“People are much more driven by pain than they are by pleasure.”
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Episode 87 Do I need to hire an employee? Achieving Success by hiring the right person. with Nicole Wipp
Are you struggling to do it all yourself? Then it’s time to hire someone!Â
Top 13 ways to know its time to hire an employee:
- You’re turning down work.
- You’ve identified new sources of potential revenue streams.
- Your customers are complaining.
- The quality of your products and services is suffering.
- You don’t have time to do daily financials, bookkeeping, and paperwork.
- You need someone with a specific skill set.
- You can’t find any time for a break or a vacation.
- Your company isn’t growing.
- Your customers can’t reach you.
- You can finally afford it.
- You need more than one freelancer.
- There’s enough work to keep a new hire busy.
- You’re eventually planning to sell your company.
Tips to help you with the decision:
- Know the points at which you shouldn't hire.
- Start with a co-founder. hire when the tasks to be done will generate money.
- Hire when the tasks to be completed fall under a particular skill set.
- Kick the tires by hiring a contractor.
- It’s something every business owner struggles with at first.
We think we can do it all, and we’re afraid to give up control. The truth is you need to let someone else handle things. It’s not a cost, it’s an investment. By bringing someone on at a rate that’s much lower than what your hourly rate is worth, that means you can grow the business twice as much.
One thing we worry about is not finding the right person, and having to replace them. That’s ok – but it can be avoided. When you look for an employee, you have to make sure you are clear on exactly what you want. Think about their duties, their responsibilities, and exactly what a typical workday will look like for them.
As you’re thinking about this understand that no one can do everything. Don’t hire a marketing person and expect them to balance your budget. Find someone with a specialty, and make sure they focus on that one thing. That’ll ensure your business excels in that area.
My last tip is this – don’t hire someone like you. Hire someone that is the opposite of you. They will be able to make up for your weaknesses and help to balance you out.
On this episode of Old Souls & Seekers, we are joined by expert Nicole Wipp. Nicole trains companies on how to effectively hire employees, and see that their businesses grow by leaps and bounds.
Download this episode today and learn how you can find the perfect employee.
“Let your teammate take ownership of the process.”
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The Cliff Notes:
- It’s ok to get help finishing things.
- You don’t have to do everything yourself.
- It’s not as simple as just hiring someone.
- Take a step back and ask why you have to feel so much pain.
- Hiring someone is an investment in helping you grow your business.
- Don’t be afraid to let go of people who aren’t working out.
- Analyze what your time is worth.
- Don’t hire someone that is like you.
- Let them create the process.
- You have to let people take control of some things.
- Sit down and think through exactly what you want the position to look like.
- No one can do everything.
- Generally, the first hire is not “the one”.
- Recognize that working for entrepreneurs is hard.
- They won’t have the full picture before working for you.
- Don’t overwhelm a new hire.
- People need to ask questions: let them.
“People are secretly ashamed of business relationships that don’t work out.”
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Links:
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