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February 8, 2021
Being an entrepreneur brings with it many new challenges and opportunities. Once you have planted the seeds for your business, you water it, nurture it, and then it takes shape and grows. Therefore, the first person you bring on board after you launch holds special importance. That person needs to be passionate, loyal, trustworthy, and someone who doesn’t quit.
As a new business owner, you need to reach out to people with varied expertise, and your business will gain immensely from their association. Therefore, you not only have to bring on a person who can work alongside you, but also someone who will bring value to your endeavor. The person should share your vision, and have the same goals in mind.
The new hire should be someone who complements your set of qualities, but also has skills you don’t possess. Also consider what their role should be, if they should get shares of the company, whether they’ll come on full-time or part-time, and other options.
All startups or businesses have different needs and wants, and also different requirements. Make sure the person you select is the best fit for the job and role. For any startup, when hiring for roles, the focus should be on strengthening both internal and external relationships of the business. Your company values, ethos, and culture should also be kept in mind when making the choice.
Because budget always plays a primary role in any business effort, there should be a conscious decision in hiring based on what you can afford. An experienced person might be able to do more and add value to your business proposition rather than a newbie straight out of business school. These kinds of decisions will have to be made by you.
Your first hire is a huge step, and you need to do things the right way. It could be a daunting task, but if your first hire remains there for the long haul, that alone will be a great achievement you can be proud of.
You can also think outside the box and look into outsourcing. Many companies successfully outsource their staffing, recruitment, taxation, finance, operations, and customer care to companies who have the expertise. They will do the job for you, and also be very professional about it. It tends to act as a force multiplier.
Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.
Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.
Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.
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