Congratulations! Your business has done well. Youʼve grown your firm to the point where youʼre working way too many hours, but getting rewarded in that the revenue stream is steady and impressive. You feel you are ready to obtain help. This is a big decision for an entrepreneur.
So now you reach that question. Who do you hire?
Many entrepreneurs start with hiring family. Spouses, children, and similar folks can be good choices. In theory, they should be as committed to your success as you are. Of course, there are downsides to hiring family, as you well know by reading this blog and other content on this website.
Another common choice of the newbie entrepreneur for the first employee is a friend. Like family, friends can be incredibly helpful to you. A good friend could become a good employee. But if kids and other family can be minefields or missiles, friends, who are sometimes referred to as your family of choice, can have similar propensities.