It’s a pretty incredible transition, going from being someone with a conventional 9-to-5 job and hating every minute of it, to taking the plunge and starting your own business, to not only running your own business, but actually having it be enough of a success that you then need to hire employees.
This is a contributed post. Please refer to my disclosure for more information.
For many entrepreneurs, the very idea of hiring people can be daunting. After all, it’s likely that you got into the endeavour all on your own, and have been running your business all on your own since the beginning.
What, then, does it actually mean to become a “boss?”
Well, among other things, it might mean the following:
You’ve got to get organised
Presumably, you are pretty organised already if you are running a successful small business. But it’s really important to deal with any areas of your professional life where you might not have such a good handle on things, before going through the process of hiring.
This is true in the sense that you need to have your business running like clockwork in order to properly slot someone into a predetermined role, and have them be able to carry out the duties and functions of that role without too much trouble, and without becoming disheartened.
It’s also true in the sense that you need to be quite “on the ball” even to manage the various logistics involved in managing employees, remunerating them correctly, handling vacation allowances, and so on.
In addition to all of that, though, the very process of hiring can be quite tricky, and if you don’t handle it right, you can find that you lose the best candidates. Figuring out how to choose recruitment software is just one thing that you should do.
It’s time to think very carefully about the future direction and emphasis of your business
If you are going to hire people to work for you, you inevitably take on assorted responsibilities in so doing. At the very least, you owe it to your employees to give them a rudimentary degree of job security, and a reasonable working contract.
Due in large part to that fact, you really need to think very carefully about the future direction and emphasis of your business before starting the recruitment process.
It might be that failing to properly strategise for the future will lead to you hiring employees only to have to fire them within virtually no time. Or, it can also be the case that hiring isn’t actually cost-effective for you, and that you haven’t considered all the implications.
You need to identify your own strengths and weaknesses carefully, and figure out where another person may provide balance
The reason why entrepreneurs may ultimately have to hire other people, is simply because no individual can do everything.
As your business expands, it is increasingly likely that your time will be at a premium, and that there will be too many tasks to juggle for you to manage individually. Not to mention the fact that you will likely lack the skill set required to do everything.
Before creating a job role, and hiring someone, you need to carefully identify your own strengths and weaknesses, and then figure out where another person may provide balance.
Hire employees who are necessary, before ones you would be “nice to have.”
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