[av_heading heading=’#103 When is the RIGHT time to hire for my business?’ tag=’h1′ link_apply=” link=’manually,http://’ link_target=” style=” size=” subheading_active=” subheading_size=’15’ margin=” margin_sync=’true’ padding=’10’ color=” custom_font=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” av_uid=’av-kogvpzh3′ admin_preview_bg=”][/av_heading]

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Congratulations! You’ve grown a six-figure business. But, to keep growing, you know you’ll need to hire staff. Perhaps that’s a scary thought? The hiring process isn’t easy — and it can be tricky to manage other people and get everyone on board with your way of working. So maybe you’ll just put it off till another day, week or month? 

So how do you work out the right time to hire staff in your business, and why can’t you stay as you were when the company was small? 

What’s holding you back from hiring? 

You:

• have doubts about bringing on new people.
• are not sure what role you need to hire for.
• understand that delegating tasks is essential for growth, but…
• feel that no-one else can do them as well as you can.
• can’t see a clear return on investment.

This kind of fuzzy thinking around hiring makes it easier to shunt the problem off till later on. But you’ll eventually reach a breaking point where you’re so stressed you’d rather do anything than work in your business. 

Four reasons to hire staff

1. If the business depends totally on you to generate income, everything has to stop if you get sick.  
2. You create a bottleneck. If there’s too much on your plate, you won’t get through everything. The system will stall while people wait for you to do your bit.
3. It’s time to look forward and see the big picture. Hiring staff allows you to create space in your week or month to step back. You can assess how things are going and your next steps.
4. You will learn invaluable people management skills.

Strategies to help you hire

Create templates: Ensure that your staff can create/work to your standard by making templates that show exactly how things should look. Whatever the task, you should be clear with the expectations.

Set up systems: Set up procedures, so your staff know what to do and when. Then, you can leave for a time and still have the system work smoothly. 

Conserve energy: Burn-out isn’t good for you or the business.  Reserve your energy to look at the bigger picture, think about growth strategies, and enjoy work and leisure time.

There’s no such thing as standing still when you have a six-figure plus business. It has to keep growing, or it starts dying. So the purpose of hiring is to create energy and forward momentum.

“Hiring is the process of systematizing and stabilizing the money-making events in your business so that you are not the person completely responsible for income coming into the business.”

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