Running a business is like playing a video game – you have the control and you handle every operation. You make all the decisions and you do all the work. Unfortunately, there is a limit to what you can achieve if you work alone. To grow from a small business to a mid-sized business, you have to increase your capacity. This will also involve hiring people and delegating some jobs. Are you ready to let go of some control?
Most entrepreneurs cannot come to terms with the fact that someone else can run their business as well as them. Solopreneurs who offer a service stop growing after they reach a certain level because of their unwillingness to bring in other people who can provide the same service. If you are not willing to hire people and delegate at least some of the jobs, your business won’t be able to grow.
Many small business owners don’t want to hand over even minor tasks. They have no faith in another person’s ability to do their jobs as well as they can. But if you decide to run your business alone, you will have to pay a heavy price. You will not be able to meet your professional and personal needs. The only solution to this problem is to employ the right people.
Hiring the right people is crucial. Here is a quick guide to the hiring process.
KNOW WHAT YOU WANT
You should know what kind of cognitive skills, behaviors, and experience your employees should possess. Hiring people who possess the right behavior is better than hiring people who possess the right skills. You can teach the skills later. Make sure that your employees are punctual, hardworking, honest, and sincere. They should be able to work well with others. Ask a lot of questions during the interview, and get to know the candidates before hiring them.
DECIDE WHAT YOU ARE READY TO OFFER
Large organizations can offer higher compensation and benefits than you. When you compete with them for the right people, you too should be able to offer something irresistible. Many people like to work for smaller companies because they want their ideas to be heard. Let potential candidates know what you can offer.
SEARCH OUTSIDE OF YOUR FAMILY AND FRIENDS
You don’t necessarily have to hire your friends or family members. Of course, if they are qualified for the job, there is nothing wrong with that. But if they lack the skills, search outside – advertise for employees. You might receive several resumes, but if you know what you can offer and what you want, finding the right people will not be difficult.
CONSIDER DIFFERENT OPINIONS AND METHODS
You do not have to handle the hiring process all alone. You can get help. Consider hiring a consultant to interview candidates. Since they are familiar with the hiring process, their input is valuable.
TRUST, BUT VERIFY
A large number of resumes have false or misleading information. Before hiring a person do background checks. Employee fraud and theft have contributed to the failure of many small businesses.
Once you have hired the right people, set suitable goals for them. Provide them with the right tools and assess their performance periodically.