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5 Mistakes I’ve Made Hiring
Manage episode 348554190 series 2692923
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Business is all about making the right decisions at the right time. Only when the proper functionalities are applied to the business does it grow and scale.
However, after self-realization, we all make decisions that we later regret and resent.
Starting from scratch and scaling a business, I have made the mistakes that I have discussed in this podcast.
The first self-realization was hiring a consultant with an equal profit-sharing plan. The profit-sharing plans do sound amazing, but there is a lot of gray area in this. When you hire people with the same level of commitment, you can expect them to put in the same amount of effort for your cause. However, seeing yourself putting in all of the efforts for an equal share makes you feel guilty about your own decision. It shatters the relationship and disrupts the workflow.
Another mistake that I have made is choosing the wrong role for the wrong people. I have been through times when I regret putting people in positions where they shouldn't be just because I liked them. Hiring people is tough because one bad employee can affect the entire team.
Being a person who avoids social interaction can result in not being able to have a tough conversation with the people around you. Being associated with people keeps you up to date on their actions. Being unable to convey lengthy conversations impacts your performance in other areas.
Choosing the wrong people for the wrong roles is the worst. When people who do not belong in a particular location become its owners, they completely devastate it.
When working in a team, it is critical to understand how people are connected to share information because scaling is determined by the team rather than the individual.
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