Let's face it; you can't grow your business alone. One of the biggest problems entrepreneurs have is how your bootstrapped company can hire (and pay) employees when they are already cash starved.
You know you need help, but trying to figure out all of the pieces can be overwhelming. In today's podcast Trevor Mauch lays out just how he did it and more importantly just how you can model his plan for your own business.
One thing to remember is that most entrepreneurs started out as “solopreneurs”. It's pretty common for people to follow that path. However to keep from completely “crashing and burning” you will eventually need to get some help. That might be an actual employee or you may outsource in the beginning. The next logical question that comes to mind is, “Where do I find someone and more importantly how can I afford to pay them”?
That's what today's podcast is all about. How your bootstrapped company can hire (and pay) employees especially those first few critical team members when you feel like you just can't afford it.
Here are a few things in this podcast that will help you with your first or next new hire:
- The exercise to determine the cost of NOT hiring someone to free up your time
- Common mistakes to avoid; the cheapest person is rarely the best person for the job
- Determining your “core genius”; your unique abilities
- How Trevor slowly built his team
- Figuring out how to pay people when you feel you can't afford to do it
- Why you need to focus on getting revenue up first
- Communicating your vision so you hire the right person
- Online communities where you can find great people to hire
My thanks to Trevor once again for this exceptional podcast.
Here's the Podcast
[podcast title=”How to Hire and Pay Your First Employees”]http://traffic.libsyn.com/letstalkrealestateinvesting/TrevorMauchLetsTalkRealEstateInvestinge67.mp3[/podcast]
You Can Also Listen and Download all of the podcasts on iTunes By ClickingHere.
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A while back Trevor and I did a podcast on the “Entrepreneurial Mindset”. If you missed it before, take a few minutes and listen today. This is one of the most important things all of us need to work on; our mindset. Just Click Here to Listen….
Meet Trevor Mauch
Most of you know Trevor as the founder of Investor Carrot. What many of you might not know is that Trevor is a husband, he has 3 small children, he has already built several million dollar businesses.
He is also just an awesome entrepreneur that has the same struggles as everyone else. If you want to grow your business the next 12 months and overcome some of your own challenges, he’s one of the folks you should be paying attention to.
If you want to schedule a 1 on 1 call with me to talk about specific strategies for building your brand and creating more effective marketing for your business, you do that here by clicking this link.
If you're not already subscribed to the blog be sure to do that today so you don’t miss any of the business building tips I have coming your way. I want this year to be your best year ever! And if you enjoyed this article, please share it.