Podcast

How to Avoid Losing Money While Hiring

April 6, 2021

Hiring a new team member can be a risky endeavor. As an entrepreneur, you may have experienced or seen the financial difficulty that can come with making the wrong hires. In today’s episode of the Joy to Lead Podcast, we’re talking about how to build your team the right way so you are not losing money but ensure your business’s growth, profitability and sustainability.

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Hiring Well is Something Most Entrepreneurs Don’t Know How to Do

The truth is, all our lives we’ve been taught to follow, not lead. Through school and into our careers, we spend our lives following rules, expectations and advice given to us from others. As a ripple effect, this keeps us in employee mindset, never fully owning our leadership.

So, when we approach a new and unknown season of expansion – building our teams – we reach out and grab the advice of others. More often than not, that advice is well-intended but misinformed.

When it comes to building your team, most entrepreneurs are fearful because they don’t know how to hire well, who to hire, when to hire, and they don’t know exactly what role to hire for. So they grab onto some of the most ubiquitous and WRONG advice that far too many gurus throw out there, “just make a list of all the things that drain you, all the things you don’t want to do anymore.”

Hiring Proactively to Make More Room for Growth.

Growth happens at the crossroads of decisions. And deciding to hire is a huge decision, it’s a huge growth period not just for your business but for yourself. For you to take your business to the next level, you have to rise to the next level first. You have to step out of employee mindset and begin to dig into your leadership mindset. 

Instead of following what we know – our feelings, our perception, the way we’ve always done something – we have to follow what our business needs from us, follow opportunity, and tap into our leadership so we can perceive the direction of opportunity and put it into motion. 

Hire proactively to make more room for growth. When we start with ourselves, when that’s our motivation, we’re training our brain to avoid the hard work, we built a team that we treat as a dumping ground and we never get comfortable with the weight of responsibility and ownership of our full role as CEO. Leadership means going where you haven’t before, because it means growth. Leaders aren’t needed where growth isn’t necessary. And growth takes you somewhere new, somewhere you’ve never been before. You don’t have a roadmap for that – you have to step into your leadership mindset.

Shifting from Employee Mindset to a Leadership Mindset

Hire proactively to make more room for growth. When we start with ourselves, when that’s our motivation, we’re training our brain to avoid the hard work. We build a team that we treat as a dumping ground and we never get comfortable with the weight of responsibility and ownership of our full role as CEO. Leadership means going where you haven’t before, because it means growth. Leaders aren’t needed where growth isn’t necessary. And growth takes you somewhere new, somewhere you’ve never been before. You don’t have a roadmap for that – you have to step into your leadership mindset.

What exactly does that look like? Stepping out of employee mindset and into CEO – or leadership – mindset? Don’t start with yourself, start with your business. It’s not, “what do I want off my plate, where do I feel drained, what am I starting to resent,” – it’s “where is there opportunity for growth in my business that is currently untapped because I’m held back in other areas?”

Starting with yourself is reactionary, it’s an employee mindset. Starting with looking objectively at your business is productive, proactive, it’s CEO mindset, it’s the mindset of leadership. 

Your Next Steps

Expand your leadership and build your dream team. Join the Joy to Lead Leadership Academy today!

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