Every entrepreneur works hard to grow their business and see it succeed. You learn pretty quickly though that you simply can’t do it all on your own. There’s simply no way to scale as a one-woman band.
If you do already have a few employees, chances are good they perform multiple jobs and wear a lot of hats, and that can make it challenging to see who else you may need to hire.
The bottom line is that growth comes down to building out a team and here are 4 ways to tell if you’re ready to start.
Your Business Can Afford It
This might seem obvious, but it’s well worth pointing out. When your business can afford to hire more team members, then that’s the first sign you’re ready. Do not make the mistake of hiring and then growing if you can’t already sustain salaries.
It’s definitely wise to keep doing everything you can as lean as possible until then.
Your Current Employees Aren’t Performing
As the CEO or owner of the business, you can’t realistically rely on the input of your employees to help you make any business decisions.
That being said, if all of your current employees are underperforming and share the exact same sentiments, it very well could be because they’re overwhelmed and overworked, which means you need to hire more team members.
If you have already tried reorganizing their tasks and expectations and done everything you can to help streamline their productivity, then you absolutely need to add more bodies.
Your Clients Are Making Requests
If your clients and customers are consistently making requests along the lines of bigger orders you can’t fulfill or services they wish you could offer, it’s time to make a hire.
Clearly, there’s demand, but you can’t supply it because you don’t have the proper capacity. Checking in routinely with your clients and customers and asking what services or things they would like from you is a great way to gauge what you can do to get there and grow your business.
Your Clients Are Making Complaints
If your clients and customers are consistently complaining about your company or you, i.e. you’re not on time or not living up to expectations, it very well could be you’re understaffed and simply doing too much with too little.
If your clients and customers aren’t happy, you can’t keep your business going. Hiring for a huge role might not even have to be the way you go; if you and your employees are spending a lot of time on administrative tasks, you can hire someone to help with that so everyone else is freed up to work on driving revenue.
Bre is a female millennial go getter residing in New York. One part entrepreneur, one part geek, she obtained her degree in Textile/Surface Design from The Fashion Institute of Technology.
She has held some exciting roles in both fashion as a designer working for brands like Victoria’s Secret and Henri Bendel, as well as in ad tech working for publishers like Ziff Davis.
Today she operates her own luxury label Bre Avery, along with Chip Chick Media which reaches millions of women each month.
Bre is passionate about teaching women how to build a business and be an entrepreneur, in addition to keeping her readers informed of the latest technology trends and exciting products to improve their lifestyles.
You can send Bre a message here.