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How To Know When To Hire Your First Employee

Small online business start-ups are often one-man operations and stay that way for several years. After all, if things are working great under your “solopreneurship”, then why reinvent the wheel?  However, at some point, you’re going to need a helping hand to power up your business growth goals.

Hiring can be an utterly paralysing event, even after you’ve taken a few courses for entrepreneurs to help you gain confidence. It can be exciting but also unnerving because so much can go wrong in just a few ill-informed decisions.

 

The art of delegation

Delegating a little authority at the right time can mean the difference between a successful business and a failed enterprise. But is there a magic moment that tells you exactly when you should hire?  Below you will find some practical insight that you might not find in your typical business training workshops:

 

You can’t do it all – so stop trying to!

Trying to do too many things yourself is a recipe for disaster. Many ambitious start-ups have tried and failed because they lacked the foresight to acknowledge that, at some point, help will be needed. You just can’t do it all – so be realistic and consider the following to help guide yourself throughout the hiring process:

 

1. Hire for tasks directly related to generating sales

You certainly don’t want to hire someone just to make you a great cup of coffee each morning. As long as you know that the prospective employee has a demonstrable track record for helping companies make money and save money, you should hire.

 

2. Hire for tasks that can be outsourced easily 

Since your business start up skills and resources may be limited at this stage, it is always a good idea to look into profiles that allow you to outsource work easily. For instance, telephone customer support services and digital marketing responsibilities can easily be delegated on a remote basis only should you choose.

 

3. Hire for tasks that cost you less than your own personal “per hour” rate

This is a very good starting point – namely because if you can hire someone who has a skillset similar to yours but is willing to work for less than your own “per hour” rate – you can easily delegate day-to-day operations. This will help save money in the process and free up your own time for other aspects of the business.

With the right level of business training, you can hone your employee to better perform the way you like.

 

4. Hire for a specialist skillset

You’re going to come across plenty of profiles with keywords like ‘generic marketing skills’ or ‘developer’. However, hiring someone with a specialist skillset such as Aftersales Marketing Consultant or Java Developer will allow you to make better use of your investment and set out clearer, more specific responsibilities.  

 

5. Hire for talent, passion and flexibility

While talent on its own is a critical element to consider, unless your candidate is passionate and flexible enough to help you accomplish business goals, they are not worth your time or money. The best courses for business owners out there will tell you the same.

 

Don’t Hire if You’re Desperate

Hiring decisions are sometimes made under stress because you urgently need someone to get the job done. However, a hasty decision is rarely a good one. Instead set a trial period and be perfectly clear on what’s expected from them from day one.

Follow these golden points above and keep your decision making in this area practical and focused on tangible outcomes – this way you’ll know exactly when to hire.

If you feel you need extra support and business coaching to help you gain confidence in this area, why not book a virtual one to one business coaching session with our experts who are here to help you (conducted via Skype / Zoom).

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