It’s starting to feel a lot like fall outside! This time of year can often feel overwhelming for us as mompreneurs. As much as many of us look forward to the beginning of the school year to get back into some routine, there also tends to be a lot more going on as well. Keeping up with kids, homework, and extracurricular activities can have us going in all directions and have a serious impact on our businesses.
Not long ago, I got the opportunity to moderate on a peer-to-peer conversation panel for mompreneurs. We gathered together and discussed many topics of the challenges surrounding being a mother and a business owner. One of the most robust topics ended up discussing how to know when it’s time to hire help for your business.
It can be hard to know when is the right time to take the plunge and spend money on more help or resources. At the end of the day, you need to take the time to look at the amount of money you are bringing in versus your expenses and factor in that, as of now, you are stuck being the one who does it all. That’s not to say that it isn’t highly respectable to be willing to do all of the hard work and “bootstrapping” on your own—because I think that’s something that all entrepreneurs have deep down. However, it is also known that moms have a notoriously limited amount of time. Maintaining that you are the only one who does all the aspects of your business is simply not sustainable if you are looking for real business growth. And though it can be hard, it’s important to push yourself to do what you need to do to nurture and grow your business in a way that also supports you and your family.
The fear of hiring outside help can often be boiled down to both a pride and control issue. When you have managed to reach this level of success doing it all on your own, why bring anyone else in? How are you going to trust that they will be capable and will care as much and do as well in your business as you? Unfortunately, there always comes to be a natural make or break point. Maintaining that you are the only one doing all aspects of your business will eventually become too expensive and too difficult and will stand in the way of your business growth.
Things to consider when looking to hire outside help:
- Do you want the business to grow?
- Which is more important to your current situation: less stress or more money / more profits?
- Do you need a better quality of life? Have you been pushing off things like family, friends or other obligations to consistently give your business your full attention?
- How will hiring this person serve my priorities personally as well as a my long-term goals professionally?
Hiring can be a difficult decision to make but ultimately even though it costs money, it also will save/make you money in the future. Having another capable set of hands in your business will enable you to do and handle more than you could before. Also, don’t wait until your business is at a breaking point or a downhill slope to consider hiring help. Be sure to factor in training time and consider your options before your business is in a crisis.
Will hiring help in your business help to serve your greatest goals and top priorities or will it interfere with that? I can help you figure it out, that’s what coaches are for. If you find yourself stuck or ready to make a big decision (like hiring), a coach can help you not only decide IF, but make a plan for HOW. Contact me today for a free Discovery Session and find out if coaching with me is right for you!