Hiring Your First Employee

hiring your first employee

Hiring that first employee for your company is quite a big decision.

Most businesses tend to start off having just the owner working it, raising it off the ground. It might take you years, but eventually you will reach a point where you are growing enough that you want help to manage everything.

Hiring your very first staff member can greatly help, and provide you with new opportunities, although it’s not straightforward. It might be the first time you manage someone, and you might not be ready for everything that entails. It is also possible to get it wrong and hire someone ill-suited for the job.

Consider the Reason Why you are Hiring

A good first step is considering the reason why you are hiring in the first place. It could be that you don’t have enough time for some aspects of the business and would like to focus on specific areas. Make sure this is something you can finance and afford, and that would be a good enough reason.

Measure Your Hiring Goals

Make sure to measure the performance of the hire, not the employee in the meantime. Compare to the performance of when you were doing this alone. Consider how much more free time you were able to free up.

Fill in a Position You Cannot

It could also be that you yourself are poorly suited for a certain task. In this case, it is an excellent idea to hire someone to work on this position.

How Will You Hire

You might want to hire, but sometimes it is more of a matter of lacking something, such as not even having enough funding for the additional help. For example, you might consider hiring a graphic designer for your website, but it is not necessary for your company to work.

There might be a short-term job within your company that you could hire freelancers and contractors for. This can be a good first step to experiment with managing others. Since it is a short-term commission, you have no long-term commitment to it.

Think of the Risk

Make sure you know the risk involved when hiring someone for the first time. This should also go with every other position you open eventually as your business continues to grow. It might be possible to set a condition of working with them for a 3-month period, then commit once you are satisfied with their performance and know you need them to continue.

Time It Right

Timing is very important. Understand your financial situation and make sure that you can really afford this and still make a profit, or you are comfortable enough to take a hit, knowing that you are still secure enough that you can continue to grow, especially with this new employee.

Also consider that you might hire too late, missing out on opportunities that the new employee could have taken with you. There might be an event that is months ahead and having someone to help you be ready for it would result in more profit.

Things to consider for the right timing to hire:

  • An increase in the workload that you could not manage
  • You are comfortable enough to hand a part of the work to someone else
  • You are sure there are tasks you can no longer handle
  • You are confident with the situation of your business
  • You see there is an opportunity to grow with the new hire
  • You are financially secure to support the new hire

Always Remember that you can Hire

Once you know the why, how and when, consider hiring, although this is ultimately a choice. Some people have successfully run their businesses entirely solo, depending on what it is.

Understanding the things you need to know hiring your first employee will help you grow your business, making hiring more help easier as you go on.

Scroll to Top