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When is it time to hire?
Recently, someone in one of the communities asked me this great question and I thought it would be useful to share the answer with all of you. I've been hiring people for 20 years, and the truth is, there's never a perfect time. But here’s how I approach it: - When I'm starting a business, I prefer hiring when my capacity is around 50-60% full. I hire someone to take on the tasks I don’t enjoy or that take me away from the billable activities I’m best at, freeing up my time to focus on what really matters. - When I have a micro team, I hire when my clients have a need I can’t fulfill, and I find myself repeatedly referring them elsewhere. For example, in my current consulting business, once we have operations in place for clients, it’s time to focus on marketing. That’s when I hired a marketing expert to keep everything in-house and better serve my clients. - Now, when I have small teams (10-30 people), it’s easier to use metrics to tell me when it’s time to hire. I look at things like how much overtime is being paid or if there’s a waitlist for new clients. Monitoring these patterns each week helps me know when it’s time to bring someone new on board. Hope this helps you think about your own hiring journey! Best, Amanda
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When is it time to hire?
Q: Who Is This Community For and Why Does It Matter?
Hi Everyone, We're excited to share a special video where Amanda Thomson, our founder, explains the purpose of this community and why it's so crucial for solopreneurs and small business owners to understand the hiring process. In this video, Amanda covers: 1. Who This Community is For: Designed specifically for solopreneurs and small business owners across various industries who want to avoid common hiring pitfalls. 2. The Importance of Learning About Hiring: How understanding the hiring process can transform your business. 3. What You’ll Find Here: Resources, advice, and support to help you navigate hiring, from job descriptions to onboarding. 4. Amanda’s Background: Insights into Amanda's extensive experience working with various clients, all of whom faced similar hiring challenges. 5. Business Types: This community is perfect for those running small enterprises, start-ups, and solo ventures looking to expand their teams effectively. Amanda's mission is to help you avoid the mistakes she has seen many business owners make, so you can build a strong, successful team. Don't forget to share your questions and experiences in the comments. We’re here to help each other grow!
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Q: Who Is This Community For and Why Does It Matter?
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Small Biz: Hire and Grow
skool.com/small-biz-hire-and-grow-5841
Welcome! This community is for solopreneurs and small business owners to master hiring. Find tips, insights, and support as you grow your team.
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