MBA2394 How To Create an HR Department on a Budget + Free Ride Friday

The $100 MBA Show

Omar Zenhom

Entrepreneurship, Business, Careers, Marketing

4.8 • 2.2K Ratings

🗓️ 24 November 2023

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As your company expands, managing human resources becomes essential for maintaining organization and nurturing a positive team culture. However, building a dedicated HR department can be costly, especially when you're just starting out.

In this episode, Omar shares the three key ingredients to creating a successful HR department on a budget. By implementing these three ingredients, you'll be able to establish a simple yet effective HR system that will support your team's needs and contribute to the overall success of your business.

Starting your own HR department doesn't have to be complicated or expensive. So, let's dive in and learn how to create an HR department that works, even on a budget. Click play!

Transcript

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0:16.8	Heyo! Welcome to the $100 MBA Show Business Lessons You Can Count on. I'm your host your coach your teacher Omar In Home. I'm also the co-founder of Webinar Ninja and Independent Software Company I started back in 2014.
0:22.3	And today's episode is Free Ride Friday.
0:24.4	On Free Ride Fridays, we give away a free ride to the $100 MBA program,
0:29.0	our practical online program showing you how to become a better entrepreneur, 100% guaranteed over at 100
0:35.0	MBA.net. If you want to win a free ride, just leave us an Apple podcast rating and review and
0:40.0	you enter our weekly random draw we call Freight Friday.
0:43.2	Listening on Friday just like today to see if you won,
0:45.8	we announce this week's winner a little bit later in the episode.
0:48.6	In today's episode, you will learn
0:51.0	how to create an HR department on a budget.
0:53.9	As you're growing your business,
0:55.2	you know that human resources is an important thing.
0:58.0	Helps establish an organization in your company.
1:00.2	It nurtures the culture of your team.
1:02.6	It frees you up from a lot of admin work.
1:05.0	Answering messages about leave and evaluations and pay and all kinds of stuff.
1:09.0	But how do you do it when you have a tight budget, when you're just just starting out when really you don't need a
1:14.6	full-blown HR department.
1:17.0	Well that's what today's lesson is all about.
1:18.6	I'm going to show you what we've done in our company when we were growing
1:22.2	how we built an HR department that's
1:24.7	effective, that's robust that works brilliantly in a low-cost way in a way that's
	...

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