When should you hire your first employee?

The answer is simple.

Sooner than you think.

Waiting too long to hire can hold your business back and burn you out.

Today we're diving into why hiring early, even just for a few hours a week, can be the smartest move for you and your business.

I'll share how to know when you're ready for that first hire, what tasks you should delegate first, and the massive benefits of growing your team.

Welcome back to the $100 MBA show. I'm your host, Omar Zenholm, where we give practical

business lessons three days a week, Monday, Wednesday, Friday to help you take action and start,

grow, and scale your business. In today's episode, we're going to answer a critical question.

What is the right time to hire your first employee, your first team member? But first, let me get

a few important things out of the way. The first thing is that you should never make a hire that you can't afford.

Okay. If you're not making profit, if you are not making enough money to make the hire,

then obviously you should not make the hire. You should have a healthy cushion even after the

hire. So say, for example, you're making $2,000 in profit after all your expenses and paying yourself,

your first hire really shouldn't be more than $1,000 because you need a little bit of a buffer

so you have some profit that you can put back into the business.

Second, when we talk about first hire, this doesn't have to be a full-time employee.

This can be a part-time.

This can be a consultant.

This could be a contractor.

This could be an outsource hire. It doesn't have to be an employee with benefits and all those bells and whistles. And lastly, today's episode is more than just making that first hire. It's

shifting your mindset. Understanding the whole point while you started a business is so you build an

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