TMBA 444: When Should I Hire?

Yachts docked at the port

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Dan and Ian are back this week to respond to another listener question.

Chris Cage from GreenbellyBar.com recently reached out to us with a problem that many listeners of this show have been struggling with: when is it the right time to hire somebody?

This is a moment in the entrepreneurial journey that every entrepreneur will eventually reach, and it isn't always easy to make the right decision. Hiring can be expensive, from both a financial perspective and an emotional one.

Fortunately, Dan and Ian have a rich history of hiring experiences, both good and bad. On today's show, they will be opening up about the mistakes they've made, as well as the successes they have had when bringing people on to their team.

Listen to this week's show and learn:

  • The two most common traps that come when hiring your first employees. (5:01)

  • Whether you should hire full-time or part-time. (18:40)

  • Where you can go to hire the right people for your business. (23:52)

  • How to make sure you are hiring the right person. (27:10)

  • Some special bonus content from the TropicalMBA archives. (40:56)

Mentioned in the episode:

Before the Exit - Our New Book
TMBA Masterminds
Sponsor the TMBA Podcast
The Dynamite Circle
The DC Podcast
Help Us Choose a New Name for the TropicalMBA Podcast
DC BKK
Dynamite Jobs
Chris Cage
Greenbelly
Felix Dennis
The E-Myth Revisited by Michael E. Gerber

This week's sponsor:

This week's episode is brought to you by Weebly.

Don't let the lack of a big budget or technology skills get in the way of having not only a beautiful website, but a powerful one. If you've got a product idea and you want to share it with the world, check out Weebly.com.

As a special offer to listeners of this show, you can visit Weebly.com/TMBA to get 15% off your first purchase.

Enjoyed this podcast? Check out these:

TMBA 296: What Would Be Your Next Steps if You Owned This Business?
TMBA 305: Building Teams of A Players
TMBA 420: No Epiphany Required

Listening options:

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HAVE COMMENTS ABOUT THE SHOW?

Do you have ideas for things you'd like Dan and Ian to discuss on future episodes?

Our producer Jane would love to hear from you at jane@tropicalmba.com or leave us a voice message using the record button below.

Thanks for listening to our show! We'll be back next Thursday morning 8AM EST.

Cheers,

Dan & Ian

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TMBA 445: Finding Your Tribe

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TMBA 443: The Knowledge Gap vs. The Efficiency Gap Revisited