EP 339: Hiring For The Upside With Small Business Co-Pilot Founder Podge Thomas

Published: June 1, 2021, 6:47 a.m.

b'In This Episode:\\n\\n\\n\\n* Why management specialist Podge Thomas believes your team should be your biggest asset* How to prepare to hire\\u2014and how to take better care of your team member through careful onboarding* How our previous experiences with management shape the way we approach the prospect of hiring today\\n\\n\\n\\n\\n\\nManaging has gotten a bad rap.\\n\\n\\n\\nIn fact, if I had to guess, I\\u2019d say that \\u201cnot wanting to manage people\\u201d is the biggest reason people cite for not hiring.\\n\\n\\n\\nSure, there might be financial issues. There might be issues with finding the right person. There might issues about knowing what to hand off.\\n\\n\\n\\nBut almost everyone I talk to has either a fear or an unwillingness to manage people.\\n\\n\\n\\nSo why do so many of us have such an aversion to management?\\n\\n\\n\\nWhy have so many people sworn off hiring help?\\n\\n\\n\\nWhy has solopreneurship become such an enticing thing for people wanting to build a business?\\n\\n\\n\\nHere\\u2019s my take: we grossly overestimate the risks & liabilities of hiring people and managing them. And we grossly underestimate the benefits of doing so.\\n\\n\\n\\nTypically cognitive bias, especially for entrepreneurs, works the other way. We fixate on the upsides and ignore potential risk. That\\u2019s entrepreneurial optimism in a nutshell.\\n\\n\\n\\nSo maybe this is managerial pessimism?\\n\\n\\n\\nI don\\u2019t know\\u2014but what I do know is that hiring might be the best thing you ever do for yourself and for your business.\\n\\n\\n\\nThat\\u2019s not to say that I think it\\u2019s the right decision for everyone\\u2014but I do believe it\\u2019s a good decision for more business owners.\\n\\n\\n\\nThis episode is going to be perfect for you whether you\\u2019ve avoided hiring to this point, whether you\\u2019re considering making the leap, or whether you\\u2019ve already got a team and looking to become a better boss and really receive the benefits of building a team.\\n\\n\\n\\nBut before we get into the meat of it, I want to paint a picture of the upside of hiring for you. Because there\\u2019s a very good chance that, even if you\\u2019re already paying people, you haven\\u2019t experienced this yet.\\n\\n\\n\\nUpside #1: People have your back\\n\\n\\n\\nTeam members\\u2014especially employees\\u2014aren\\u2019t just there to get things done for you. They\\u2019re part of the fundamental support of the business. And sometimes, that looks like making sure you\\u2019re in a position to the do work that only you can do.\\n\\n\\n\\nThey might keep you from getting derailed by an unhappy customer. They might watch out for you when they know you\\u2019re under the weather. They might pick up an off-hand remark as an idea for a game-changing project.\\n\\n\\n\\nI simply cannot oversell the benefit of having a team that has your back. Of course, building this kind of team takes work\\u2014management work\\u2014but it is so, so, so worth it.\\n\\n\\n\\nUpside #2: Other people can create or deliver value for you\\n\\n\\n\\nMost micro business owners\\u2014solo or not\\u2014operate as if they\\u2019re the only ones who can create value for the business. But team members can create value, too!\\n\\n\\n\\nThey can turn ideas into reality. They can work with your clients or lead conversations in your course. They can build systems that dramatically increase efficiency and effectiveness. They can even build offers for you!\\n\\n\\n\\nMaybe that seems incredibly far-fetched at this point. Maybe you never even considered that as a possibility. But it\\u2019s all true. Of course, you\\u2019ve got to hire the right people and guide them...'