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Podcast

Carrying the Financial Weight of Hiring

March 11, 2020

I know the fear that comes with the financial responsibility of making a hiring decision.

Once you say “yes” to providing opportunity to someone, you’re also saying “yes” to KEEP providing that opportunity while continue growing. Today I’m unpacking this concept and sharing some motivation in this solo show!

Listen to the episode now!

The fear of financial obligation is real and valid

The fear of financial obligation that comes with hiring is often the first thing I tackle with many of my hiring and leadership clients.

Once you say ‘yes’ to hiring, you’re also saying ‘yes’ to the weight that comes with it – of providing what you committed, to providing the finances and resources you committed to your team members on a daily, weekly and monthly basis.

The mindset shift needed to carry the weight of hiring

I’m here to tell you 100% that you’re never going to feel ready in this. We put off hiring for so long because we’re waiting until we’re EXCITED to pay someone else to do the job.

I can almost guarantee that you’re not likely to ever feel this way – until you’ve done it.

I’ve outsourced, I’ve hired – I know the joy and celebration and relief that come with hiring. But until it’s something you’ve experienced, you’ll be functioning off of your current reality and mindset.

You’ll be functioning on the mindset rooted in saving money, which is good and financially sound for a season. But every harvest must require sowing and cultivation.

Hiring comes with commitment you are responsible for

At the end of the day, the reality is that hiring requires a commitment to responsibility. Each leader must grow and take a step in spite of feeling that fear – because we’re never going to 100% get over that fear.

 Because here’s the thing. You’re never going to feel ready and that responsibility is never going to go away. The job of a leader is to carry discomfort and carry the heaviness and responsibility. It’s simply your job.

If you’re afraid of that responsibility, it’s time to take some growth steps. It’s like parenting – once you have the baby you simply HAVE to keep them alive, feed them, change their diapers, and buy them clothes.

It’s non-negotiable. You have no choice. It must be done because it must be done.

And, you’ll figure it out. The number one way to figure it out is to take a step forward – imperfect action, right?

For help budgeting for the financial investment of hiring, check out my episode with financial strategist Katie Scott of More With Money!

What else I dive into in this episode:

  • How to grow in your leadership over time
  • How to create opportunity for others in your business
  • How to increase income coming in as you scale and grow

Resources mentioned in this episode

Want guidance and a customized-to-you hiring strategy? Be sure to check out my Dream to Team hiring & coaching program!

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It's time to give yourself a promotion, but don't just wing it. Your future team member deserves all the intentionality and clarity you can muster - here's how to strategically plan their new role, and yours!

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I'm Kaylan, leadership educator, podcaster & speaker

What are you searching for?

Reading suggestions

Crafting a 90-Day Onboarding Plan

Job Postings that Attract Top Talent

Mapping Your Leadership Style