Updated: Jan 16
As a business owner, I'm familiar with the temptation to do everything myself. Not only to save money but also because my business is my "baby" and it's difficult for me to trust other people with it.
But in reality this is very small and short-sighted thinking, even if it is fueled by a genuine desire to do what is best, because we are letting the initial investment of hiring blind us from seeing all the benefits that come along with bringing in more talent.
Bringing someone into our business can, in fact, be the catalyst we need to propel our business to experiencing growth. When we decide to invest time and energy into finding someone to help us, to add additional talent to our arsenal, it frees us up to focus more intently on taking steps of upward momentum.
So...how do you know if you are ready to hire someone in your business? Here are five signs to watch for:
You are no longer enjoying the work you do. You remember that feeling of total exuberance when you first started your business? You'd feel so exited working on your business that it felt more like a hobby than a responsibility? Yup...well, that's gone. Replaced by a feeling of tiredness and boredom. Reality has hit, running a business is hard work and there are lots of not-so glamorous tasks that need to be done.
Working too many long hours. If you're burning the candle at both ends you will eventually burn out. Studies have shown that repeatedly not getting enough rest impacts how well we do our work. Rest allows our minds to re-energize which leads to greater creativity and improved productivity.
Spending too much time on administrative tasks. In any business there is a lot of work to be done that doesn't necessarily move the needle, but is important none-the-less. Administrative tasks often fall in this category. It's the not-so glamorous side of owning a business. But, if you're spending all your energy working on administrative tasks, who is growing your business?
Your business growth has stalled. Back to point three. To reiterate: if you are spending your energy on tasks that don't reward you with growth, your business will stall. It is a waste of your talent! The investment of hiring out administrative tasks is very worthwhile, as it will free you up to become actively focused on getting new clients, selling more product, product / service development, marketing, etc. These are the areas that are worth your time and energy!
Your health is suffering. It is no secret....most entrepreneurs can, and do, work incredibly hard. The excitement we feel about our business propels us to spend enormous amounts of energy on it. We often don't even feel like it's 'work'. And for the most part, this is not a bad thing, if kept in check. Eventually, if it goes on too long, our health can start to suffer. Perhaps we start to feel exhausted, or begin experiencing heartburn or chest pain, or just an overall stressed-out feeling. All these symptoms can be a sign that our health is starting to suffer from the lack of balance in our life.
In conclusion, it can feel like a giant, scary step to bring someone on board in our business, especially if we get caught up only focusing on the initial investment of hiring. Yet, if we're careful to hire the right person, they can be a tremendous blessing to you and your business. Perhaps, you don't need to add a full-time employee. It's very possible that a part-time employee or a virtual assistant can take a lot of responsibilities off your plate and be what you need to get back to growing your empire!
Christa Scheffer is the Virtual Assistant behind DCS Admin Services. She's been a life-long entrepreneur and is passionate about helping other business owners succeed. You can contact her at firstname.lastname@example.org.