Three Essential Lessons For Hiring In Small Businesses
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- Опубліковано 27 тра 2024
- There are three essential lessons for hiring in small businesses and in this video, I reveal exactly what they are…The great hiring debate is one that trips up a lot of people and many small business owners. I get it though, hiring someone new is a big decision. So, how can you make sure you hire the right people for your small business?
Following years of growing my own businesses, investing in businesses, funding them, helping others to grow their businesses, succeeding (and failing) in business, I’ve gathered a lot of know-how around hiring. I know how to hire the right people, fire the wrong people, and what to look out for when searching for that perfect hire.
Now, it’s time for me to pass on some of that wisdom because number one, I’m feeling quite generous, and number two, I genuinely want to help you make the best hiring decisions for your small business.
So, watch this video to find out what three essential hiring lessons every small business owner needs to know.
In this video, I cover:
• Why you should only hire people you are 100% convinced of
• Why you need to take your time when hiring somebody new
• Why you shouldn’t be afraid to hire the wrong people
• The importance of having the right systems and processes in place within your small business
• How to create the right job role description and why it is so important
Do you agree with the saying - hire slow and fire fast? - Let me know in the comments
I post a new video every Wednesday, so please subscribe to this channel (CEO Entrepreneur by Tamer Shahin) NOW
/ @ceoentrepreneur
Don’t forget that you can also read the blog post on this topic if you prefer, just head over to ceoentrepreneur.com/three-ess... and read the post titled - Three Essential Lessons For Hiring In Small Businesses
This video is Three Essential Lessons For Hiring In Small Businesses - • Three Essential Lesson...
0:00 - Intro to the essential lessons for hiring in small businesses.
2:25 - Rule number 1 when hiring inside your small business.
3:00 - Hire Slow, Fire Fast, what does this actually mean?
4:10 - Tips: Questions to ask yourself when hiring in your business.
5:14 - Rule number 2 when hiring inside your small business.
5:28 - One of the main reasons why your hire can go wrong.
7:03 - Rule number 3 when hiring inside your small business.
7:19 - Key elements of a success making Job Description.
8:11 - How to set up your small business hire to make ‘firing’ easier.
ABOUT ME
Hi! I’m Dr. Tamer Shahin, the Founder & CEO of CEO Entrepreneur, where we help small business owners scale their businesses, without sacrificing their lifestyle, wellbeing, or freedom. I’m also a Serial Entrepreneur, TEDx speaker, Executive Coach, Consultant, Author, Speaker, Investor, and now… I'm a ‘UA-camr.’
I’ve grown several multi-million-dollar businesses from scratch. Some of these businesses were massively successful and others turned out to be catastrophic failures! Nonetheless, I picked myself up and learned a lot from all of my extraordinary success and catastrophic adversity.
Now, I’m taking everything I’ve learned and leveraging it to create this UA-cam channel and help people like YOU scale your business to astronomical heights. Each week, I’ll be sharing tactics, tips, tools, and insights to help transform you into a “cool as a cucumber” CEO.
*Disclaimer*
Results are not typical nor guaranteed. You are responsible for your own actions and decisions. Neither Tamer Shahin nor CEO Entrepreneur can be held liable for any results you may or may not get as a result of decisions you take during or after watching these videos.
#CEOEntrepreneur #ceolifestyle #businessgrowthtips
*_'Hire slow and Fire fast'_* - Do you agree? You can also watch 'When Should I Start Hiring' here: ua-cam.com/video/r_1WmK0n5UA/v-deo.html
Every you say just makes sense. The notes and sketch at the end was awesome😂. Thanks for all the valuable info, I've gotten so much valuable information and stress relief since I found this channel!
Glad it was helpful!
The phrases you keep saying are common I've never heard of before hahaha this was great I totally would have made a crappy hire my first hire if I didn't hear this advice!
Hahaha... well now you are ‘in the know’ and all caught up with the hiring lingo! Funny how you think something is common because you use it so much within a certain circle and then you realise that it’s actually not. What you think is obvious to you isn’t to others ... this is why we all get imposter syndrome... because we feel that what we know is obvious to others because it’s obvious to us. Whereas in fact it’s not obvious to others. Food for thought! Thanks for your comment Hanah!
great information
Glad you liked it
I will be looking to hire employees/contractors in the coming months.
Thanks so much Tamer for you inspiring and informative videos, personally it helped me a lot
Mahmoud! You’re very welcome! Thank you for coming here and leaving a comment! Please keep your comments coming on other and future videos as it helps UA-cam rank this video better and shows it to more people! Thanks again
Totally agree with your Hire Slow approach. We've implemented a three-step filtering system at our company to make sure we're hiring people with the right company culture values as well as skillset for the specific role.
Thanks Coen for your comment! That’s awesome! Hiring the right people to fit within your company can be a critical factor to its success. Many people underestimate this step because they actually fear and dread it. But a wrong hire can really negatively impact the business in the short, medium, or long term and sometimes in devastating ways both internally and externally. The initial investment in spending time and having a system to hire is a very smart approach that should reap its ROI overtime. What’s your current challenge? Let me know and I’ll try to do a video on it. Tamer
Right people are cornerstones for every successful business. A lot of small business compromise in choosing them though.
Really useful video!!
Thanks Fayez! :) Appreciate your comment. What was your most important takeaway from this video?
Hiring has been one of the most challenging and important steps during the bussnies lifecycle. Very interesting analysis and tips.
As always, looking forward to seeing the next week's episode.
Hiring is really really challenging and it can be a make or break. Even in investing, the first thing usually investors look at is hiring. So fully agree it's important. Thanks for your comment. So do you agree with hire slow fire fast or do you have a different perspective?
YES having a business IS like having a baby that is such a good analogy, but my business baby is 7 years old and still have sleepless nights, AND it's a rebellious teenage monster too! what fun. Great video again thank you Tamer.
Yes... business baby years are much like cat years... everything in one and so quick yet so slow - looks so cute, yet can get very nasty quickly!! 😆 Thanks for your comment
Super informative. Thanks Tamer!
My pleasure Harry! Glad you found it valuable 🙂
Most grateful for providing us with another lifeboat to ease our arduous sailing ( Business growth) towards the land of success. However, how can I - as business owner- build the purpose and the sense of ownership into my employees? I think this will help foster their performance by which both parties, company and its workforce, will get red of a lot of stress; I, as a CEO, won't have such troubles of hiring another one to do the job, and the employee himself won't have this fear of being away of the business at any time, feeling unrelated .
Thanks Khalaf for your comment. Yes fostering the right culture and giving employees ownership is important. And thank you for raising it because this will now be a topic for another video! So stick around and hopefully a future video will answer this. The main points of this video are more fundamental and foundational. Then we can start adding the layers
@@CEOEntrepreneur ’Most grateful. Can't wait to see the next chapter.
How do I systemise a crop farm with a number of varying crops grown?
“The key for us, number one, has always been hiring very smart people.”
- Bill Gates
Awesome quote! Thank you for sharing it here. It's really relevant!