Running a business is incredibly time-consuming, and you have to sacrifice a lot for it to become successful. In the beginning, it’s either necessary or tempting to do everything yourself because you can. In the long run, you’ll want to have some help so you can scale. Here’s how and when to hire outside help.
Freelancers
When you’ve done something so many times you can explain it to someone else, you can outsource it. Hire a freelancer only when you have a clear idea of how to accomplish the task and how much time it will take. Your ability to set the guidelines will depend on the success of the project.
Consultants
Having a consultant is always a good idea because there will always be things you don’t know. The only distinction is which consultant you hire at which phase of your business. Consultants like Eyal Gutentag, who have worked with 100 million dollar budgets, can help you at any stage of your business. Never assume a consultant can’t help you. You should always have an unbiased voice to bring in new ideas and help you grow.
Partners
Only bring in a business partner who you would trust with your children’s lives. If there is any part of the person you find unsavory or off, you can be sure that it will crossover into your dealings. Having a partner who is genuinely like-minded in his values, and can bring money or skills to the table can be extremely valuable.
Running a business can be isolating. You are physically separate because you are working so often. You are also mentally isolated because your peers with jobs can no longer relate to you. By bringing freelancers, consultants, and partners into your business, you will be happier to be around like-minded people, be more profitable, and have more time.
