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Writer's picturekevin-marie

Three signs you're ready to hire your first employee



OK, so you’re finally at the point where you admit you could use some help in your business. Nothing wrong with that; in fact, I applaud you. But, I will be remiss if I didn’t do my job as a business coach and ask this question:


Are you really prepared to add a new team member?


If you’re pondering this question a moment longer than necessary, I can help you figure it out. That’s what I do, after all.

 

Let’s discuss the three indicators that will reveal you’re on the right track.


Your business has the income to sustain an employee


It’s time to take a good, hard look at your budget and keep it real with yourself. Does your business bring in enough consistent revenue to justify what’s going out? Are there some expenses you can alleviate to create a little more wiggle room in your budget? If you answered “yes” to either question, you might be in a good position. The bottom line is that your business should be able to still thrive despite having another recurring expense.


Your business has the volume to justify a new hire (and it's not in your head)


Did you know that your business’s lack of structure can create an allusion that you’re busier than you are? It’s true, which is why I want you to take a step back and assess your situation to identify any busy work that may be posing as essential work. Ask yourself:

  • What tasks must be completed?

  • What tasks are useful but not necessary?

  • What tasks are unnecessary?

Your new hire should not only help you with the overflow; he or she should also fulfill an operational gap in your business. What have you been winging or neglecting altogether because you’re at your capacity?


You have broken down every task you want your new employee to handle


Breaking down your tasks goes beyond listing them; you need to dissect each one to its most granular state. Ask yourself:

  • What are my business tasks?

  • How do I do each task?

  • When do I complete each task?

When you take the time to answer these questions, you’ll be able to do two important things: You can gauge which processes to automate, and you can save time on training as your new hire will have a solid blueprint to reference. Not only that, documenting your daily, weekly, monthly, quarterly, and yearly tasks is an effective way to streamline your processes (see my post on simplifying your tasks here). And don’t forget to use Asana to keep everything on track in one convenient place!


So, once you’ve had a chance to address all of the above, you’re one step closer to recruiting and onboarding the perfect first employee for your business - the smart way.


Tell me, is your business equipped to bring on a new hire? If it’s not there yet, let’s talk about how I can help you get it together!





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