What if, instead of planning what we want 5 or 10 years down the line, we focus on what we want one year from now? This is the question that entrepreneur Hailey Thomas has built her system of career coaching around. This week, Hailey breaks down four scenarios in which hiring is not the answer for your business, as well as four ways to know when hiring is the right next step.
DON’T: Hire when you’re overcommitted / DO: Automate and eliminate
If you’re feeling like you don’t have enough hours in the day to do what needs to be done, the answer shouldn’t be to hire someone to pick up the slack. Re-evaluate why you’re doing what you’re doing. Is the way you’re spending your time worth it? Or could it be taken care of by an automated program? Are you doing more than you’ve bargained for?
Instead, consider how many of the things on your schedule could go away with a simple yes or no. Only when you know what matters to you as a business owner, and when you automate as much as you can, will you be able to consider bringing on someone new.
“Hiring someone does not provide short term relief, it’s a long term investment for both parties.”
DON’T: Hire just to complete tasks / DO: Have a 90-day plan
Tasks that stack up can be annoying and time-consuming to any business owner, regardless of where you’re at as a CEO. However, tasks are not what defines the roles that employees and partners take on in your business. A role made up of one-off tasks is going to end up being more frustrating for you and your hire.
Instead, only hire when you have a role that has a plan behind it. Set up intentional objectives for your employee to complete and master. Tasks will get done, but deliverables will also be received, making this a worthwhile and productive decision for you and them.
“Your job as a CEO is to make a hire that’s good for your business, but that’s also good for the humans you invite into your business.”
DON’T: Hire a business babysitter / DO: Understand your revenue needs
It’s tempting to hire someone that will hold your hand and be at your beck and call, but is that a role that lasts long term? Most likely, you’ll end up with temporary employees that won’t be a real part of your business. There’s not much commitment that comes from someone who’s only hired to babysit your business.
Instead, plan out the roles you need and budget for them appropriately. When you can understand the employees that you can afford, you can offer positions that inspire loyalty and commitment to your business and to being a practical member of your team long-term.
“When you are hiring, you are a CEO hiring a team member. You are not you, the individual, who is feeling overwhelmed or overworked.”
DON’T: Hire when you’re unsure of the role / DO: Do it yourself first
When you’re feeling scared and unsure, the answer that you might turn to is just hiring someone else to do it. While the person you hire may be an expert, they still need to know their objectives, instructions, and expectations. If you haven’t made yourself sure of what you want, you might just end up hiring someone with more questions than answers.
Instead, don’t be afraid to try this role for yourself. You may fail, you may succeed, and you may have to repeat and change processes along the way. This will lead to you being able to define the role that needs to be filled and help you coach your new hire to success.
“Being able to hire someone is a lagging indicator of you and your majority as a CEO.”
You can schedule a clarity call with Hailey here: https://brainspaceoptimized.com/clarity/