This is the ONLY Way to Grow Your Business

Posted on July 4th, 2018
meeting with team members

Most small business owners want to grow their business. At the same time, many are overwhelmed with all of the work that is on their plate.

A brief thought of hiring a team member or outsourcing some tasks may surface before it’s quickly shut down. Your limiting beliefs may tell you that hiring an employee is costly and a hassle when it to onboarding.

In reality, outsourcing and hiring a team is the only way to grow your business. If you feel stuck or unable to expand your business, it’s probably because you need to outsource something.

Here’s why this is the only legit way to grow your business.

You Can Start Small

Some people think outsourcing is super expensive. The truth is, it doesn’t have to be. You can start slow and work your way up. If your business is starting to gain traction, use your extra profit to invest back into the business by hiring some help.

Choose one task you’d rather not do yourself and outsource it to someone else. Yes, you’ll spend a little money paying the other person to do it but you can set a budget so you know what’s affordable for you at the time.

Having someone else take care of the task will instantly free up your time to work in other areas of your business which can increase your income even more.

You Only Have To Do a Major Onboard Once

Don’t let the idea of onboarding deter you from hiring a team. Yes, it takes time and a lot of effort to create systems and processes to teach your team members, but you only have to onboard them once for the most part

From there, you just need to manage regularly and provide feedback and necessary updates. You can finally take a vacation worry-free when you have a solid and dependable team helping you push your business forward.

The Right People Will Help You Get Ahead

Some business owners who outsource still find their day-to-day operations overwhelming and somewhat frustrating. That’s because they haven’t hired the right team members. It’s important to carefully screen and interview potential prospects to ensure they’ll be a great fit for the tasks you need.

It doesn’t help to hire someone who you have to go behind to correct their mistakes each time they turn something in. It also won’t benefit you to work with someone who doesn’t value your business or understand your core goals. If your team doesn’t respect the work they do with you or honor deadlines, you won’t get the quality you’re going after. Thus, your business probably won’t grow as fast nor as well as it can.

You want to work with people who can take direction well and work efficiently to get you results. That’s why you must carefully choose your team because they right people can help take your business to the next level.

Summary

There’s nothing wrong with being a solopreneur but if you want to be a business owner and expand, hiring team members is one of the best things you can do to make that happen. You don’t have to be looking for massive growth to hire a contractor and reap the benefits of the extra help.

If you could earn 5x what you paid someone to do for your business, would you? That’s the potential power outsourcing can have when done well.

 

 

Choncé Maddox

Choncé Maddox

Choncé Maddox is a debt expert. She helps ambitious millennials and Generation Z get our of the mounds of debt they are in following college. In 2015 she realized she couldn’t afford to do her own laundry, she was so broke. She had to make a change. Over the next three years she personally tackled $50,000 in debt and became debt free. She teaches others her passion since.

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