Is It the Right Time to Hire? 3 Factors to Consider
As a hiring strategist, one of the biggest questions I get from clients is: “Hey, Meg, how the heck do I know if I should hire someone… and when is the right time to do it?” I’ve also heard a lot of people who wonder if they should hire if they don’t want to grow a huge agency or have a massive team.
I totally get it — hiring can be super tough, especially when the market (and world) is as “fun” as it is right now! And if you want a lean team, hiring can feel like you’re opening a whole can of worms.
But as business owners, we know that hiring someone can be a valuable asset to our company, helping our revenue and brand grow.
So, how do you know if it’s the right time to bring someone onto the team?
You spend more time working IN your business than ON it
There will inevitably be some days or weeks when we find ourselves working more hours than we’d like to — or like to admit. But when you start to notice that those “once in a while” situations are becoming the norm, and you’re working in the day-to-day tasks of your business more than on the visionary efforts that really move the needle forward, it’s probably time to hire.
Working yourself to the point of burnout
When your life is all about work, it will lead to burnout. I’m a strong proponent of building a socially conscious business — after all, most of us escaped corporate and 9-5 America so that we could spend more time having fun and, well, living life! So if you’re working all the time and unable to enjoy your friends or family, it’s probably time to outsource some of that work. It’s safe to say you can afford it if you’ve got enough paying clients or customers to keep you tied to your desk.
Focusing on survival over growth
Here’s the thing: your time spent making sure your business survives is not nearly as important as your time spent making sure your business thrives. And when you’re stuck in survival mode in business (just like in life), you can easily get dragged down in the necessary tasks that pretty much just keep your business going — instead of increasing the growth of your business. Hiring out for those “survival” tasks means you have more time and energy to work on the most valuable tasks in your business, whether that’s improving your marketing, coming up with an amazing new product, or something else entirely.
Your passion’s dwindling
I’m a big believer that if you’re not aligned with something anymore, whether it’s a product, service, or entire business, you should never stick it out “just because.” So if you feel like your business isn’t for you anymore and want to cash in your chips — do it!
But, if you know your business is still your one true love and you just feel like you’ve lost that passionate spark a bit, it might be time to hire someone for those tasks that make you go, “Ugh! Not again.”
Sometimes, finding our spark again can be as simple as realigning our role within the business. Yes, at the beginning, you had to do it all out of necessity. When you’re a solopreneur, no one can back you up. So doing every single task, from admin work to accounting, probably felt exciting. There’s so much adrenaline when you first start a business!
However, once you’ve grown enough to be in a position where business is stable, and you start to lose the fire, doing the stuff you don’t like will be way less exciting. This might mean you start losing your passion for your business as a whole — and we don’t want that!
You want help but the thought of looking for it makes you want to cry
Okay friends, this is honestly the biggest one. If you have been holding back on hiring because you’re overwhelmed by all the things you still have to do, it’s TIME TO HIRE.
If you have a hiring strategist in your corner, the process will be so much easier on you. If you’re doing it all yourself, you’ll spend so much more time than necessary writing your job ad and description, interviewing candidates (who might not be the best fit), and then figuring out how to hire someone. All that chaos might lead you to hire someone who isn’t a great fit, which will end up costing you time, money, and energy in the long run.
But… when you hire a hiring strategist, everything is simple, streamlined, and EASY! (I may be partial, but it’s true.)
I’m not saying we’ll make your hire lightning fast. But what we will do is take the process off your plate, strategize, and find you an amazing fit, all while you continue to focus on your business.
If you’re curious about what it’s like to work with the team at Meg K. Co. and feel like you’re ready to hire, check out our done-for-you hiring offer here!