When I founded my business, I thought the smart move was to be a “solopreneur.” But to this day, I regret not structuring my team from the start. For that reason, I’m going to tell you why it is a mistake to stay small AND how to expand the right way…
5 Tips for Solopreneurs to Build a POWERHOUSE Team
Before we begin, I want you to know I made all the same excuses to not hire people…
I thought that the talent pool was dry…
I thought that being a solopreneur somehow made me better…
And most importantly, I thought that having employees would cost too much money…
THE REALITY IS THAT STAFF NEVER COST YOU MONEY. NOT GROWING YOUR BUSINESS COSTS YOU MONEY.
Really think about it for a moment. Has there ever been a truly great company that had no employees?
The answer is no.
AND, I ASSUME YOU WANT YOUR BUSINESS TO BE SUCCESSFUL.
So, let’s dive into the methods I use to discover and retain a top-tier workforce…
Look at EVERYONE as a Recruit
The first tip for solopreneurs looking to expand is to know that great people are everywhere…
SOMETIMES, THERE IS TALENT WHERE YOU LEAST EXPECT IT.
Ultimately, I look at it this way…
I’d rather have someone willing to do whatever it takes than someone with the “perfect” resume.
I have found some of my most loyal, dependable people in unexpected places such as:
- Waiters or waitresses who’ve served me.
- Referrals of my customers.
- From MY COMPETITION!
But although you want reliable people, you shouldn’t become reliant on anyone…
Never Stop Looking for Talent
There is a challenge that all business owners run into at some point — no matter the size of their operation.
The solopreneur adds a few people to their team. These people get trained and grooved in. So, the CEO gets comfortable. He or she considers everything handled, and what happens?
FOR SOME REASON, ONE OF THOSE KEY PLAYERS LEAVES THE ORGANIZATION!
Therefore, you must ALWAYS be hiring — even for positions you’ve already filled.
Otherwise, you’ll be left high and dry doing everything on your own again…
Don’t get complacent and keep adding staff members because you want to keep getting better and bigger.
Become a Company People WANT to Work For
The movie, “Field of Dreams,” had the right idea…
“IF YOU BUILD IT, HE WILL COME.”
In this case, outstanding individuals will come to you once it is established your company is winning.
Great employees are looking for three things:
- Job stability
- Growth opportunities
- An organization with a purpose.
Provide that and soon you’ll attract top performers to your office doors. But don’t get me wrong.
When it comes to those you just have to have on your team, you might have to chase them down….
Chase the Best Until They’re Yours
There are some superhumans in the business world that are so talented it borders on legendary. If you are a solopreneur and you bag one of these superstars, be ready for massive success — fast!
There is just one problem…
YOU ARE GOING TO HAVE TO HUNT THEM HARD AND FOR A LONG TIME.
That being said, chasing these people is 100% worth it.
It took me several years to convince my COO, Sheri Hamilton, to work for me. (That’s longer than I pursued my wife, by the way.) And that investment of time and effort is paid off daily.
Implement all my above tips about constantly acquiring new people, but never give up going after the big fish.
Nonetheless, there is one last note I have for all of you solopreneurs…
Leave ‘Solopreneur’ Behind… FOR GOOD!
At this point, I have argued why you should leave the solopreneur’s life behind and how to do it.
Now, you’re probably wondering what to do once you have a team…
How to standardize procedures…
Or, what tools you can use to stay organized.
To that end, I encourage you to attend my 10X Business Boot Camp. This event is designed to build you a solid, scalable business plan for you to hit the ground running.
Check out all the info on it here.
All that out of the way, people have everything you need — including how to get your business to its full potential.
Be Great,
Grant Cardone
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