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And go to a show. find the holes in your idea. right. this question comes from somebody at the conference. they said when you make a key hire, how many times do you interview someone? great question. it s a hard one. i start with who is doing the hiring? the entrepreneur is the worst person to do the interviewing. they like people. they are into their company and talk too much. they are in a hurry. add that together and you have an ineffective interview. when i had a woman take over the hiring, she s way better at it than i was. you have to ask the right questions and you have to hear the right ang. the typical entrepreneur is not hearing it. there s a reason some people are better at interviewing than others. it s not about how many times they are interviewed, but the quality of interview. ....
We interview them twice. i actually want to change it all up. if it s a key hire, i m into dating before you get married. if there s a way to hire on a consulting basis or longer term basis and test them out first, it takes the pressure off. put them in a lower risk opportunity, then you are not stuck with them and have to go to the prenup. good question. this question comes from frank. when do you decide to take out more money for your business or just quit? how do you know, are you throwing in good money for bad? there s a grow-up stage in business. if you have problems, you have to figure out, are the problems with your whole business concept? is it the math won t work? you can t charge enough? you have tried, they won t pay it. the competition is too fierce? ....
It wasn t listed. there was no school, classes, nothing. when i started business all i heard was you re going to waste your degree? that s what i heard 100 times. do you need a write a business plan do you think? i would say it clearly is a good thing to have a business plan. it forces you to think abouts a%s of the business you haven t start of. i ve started ten businesses without a business plan and five are around today, i probably would have been more successful with the ones that weren t around, i wouldn t have started them. business plans help force you to think about things like i decided to make photo frames and go to the sales show and realize i needed sales rep. so i got out of it. it helps you mind the holes. let s move on to the next question. they said when you make a key hire how many times do you interview someone? great question. it s a hard one. i always start with who s doing the hiring? the entrepreneur is frequently ....
The worst person to be doing the interviewing. they like people. they re into their company so they talk too much. and they re in a hurry. you add those three things together you end up with an ineffective interview. my whole business changed when i had a woman take over the hire angd she s way better than i was. you have to ask the right questions. but you have to hear the right answers. the typical entrepreneur hears what they want to hear. customer service is important? yes. great. there s a reason some people are much better at interviewing than others. it s about the quality of the interview. i would still say we probably interview everyone twice, at least. and you get a few people to interview them as ale well? if it s a key hire i m into dating before you get married. if there s a way to hire the person on a project basis or a longer term basis and test them out first, that takes a little bit of the pressure off. put them into a lore risk tnt and then you re not stuck with t ....