053 – How to Hire a Team When You (Think You) Can’t Afford To With Guy Routledge and Kylie Ackers
How do you get more things done in your business? Hire someone to help! But how do you hire when money is tight? Hmmm. That’s a slightly trickier one. Even if you think you can’t afford to hire, you can’t afford not to. There’s so much to be done and you can’t do it all. (It’s also no fun doing everything yourself and without anyone to share the journey with!)
We know how hard it can be to bring on your first team members because we’ve been there too. But, as regular listeners might expect, we’ve come up with a system and a process and share all our tips for hiring affordably in this episode.
In This Episode You’ll Learn
- Why you need to bring on help sooner rather than later
- The different types of people you can hire – and which ones are most affordable
- How to make sure you can afford to keep your new team members
- How to work out what to hire for first
- Tips for leading and communicating with your team
Our Top Hiring Tips
Save up to bring on your first/next hire by cutting costs elsewhere in your business.
Put aside a percentage of revenue into a hiring fund to give yourself some runway to hire and then keep that person on your team.
Consider the cost of time spent training people with limited skills but lots of enthusiasm. The cheapest person may not always be the most cost-effective.
Bring on a virtual assistant for just a few hours a week to offload some of the mundane, day to day tasks (as long as you have a process for them to follow). That will give you back some much needed time to work on more important areas of your business.
Notes and Links
Google Wifi – amazing wifi solution for large houses or offices
Profit First book by Mike Michalowicz
Indeed a UK based jobs site we’ve used in the past to hire local team members
Sonix.ai an automated transcription tool
1Password a genius password management tool for individuals and teams