Have you ever thought about money that way? The more money you make, the more money you grow. Meaning, the more money you make through your business, the more you can invest, spend (wisely) and grow your business further (making your income grow too).
Here’s an example of what I mean. When you first start your business, you’re doing everything yourself. Social media, writing, bookkeeping, calendar management, emailing, and so on. It’s all on you, which can sometimes be a struggle. It can feel overwhelming, overbearing, and like you’re not going anywhere. But that’s not true. You will get to the point where you have a consistent income and you can hire team members, afford to pay them, and still be making money in your business.
When you’re consistently making money each month (while monitoring your cash flow), you can look into hiring team members. Team members will be able to help spread your message in more efficient ways and across more platforms. Consider hiring a virtual assistant who has experience in marketing, content creation, graphic design, and engagement to get your message out there. The first person I hired for my team was someone who could help me with social media. It was something I didn’t have time to do and often struggled with being consistent on the platforms.
The goal is to reduce the amount of work you do. You want to hire a team member that can do that work efficiently and productively, and then you can focus on your business and do what you’re good at. Working together will help your business grow more! But, when hiring a team member, it’s important to be mindful of your budget. Start small, maybe part-time, and work your way up. Don’t get me wrong, I wanted to hire my first team member for full-time social media management and I had enough work to do that. But, I also had to be mindful of what I could afford. So, I started with one team member who worked 5-10 hours a month. After 3 years, I grew my business enough that I have four team members working full time.
It will take time to grow your business. But, it will be worth it.
Start with a small team and be patient. Be mindful of your numbers and be honest about what you can afford. Think about your goals, and be mindful of your time. Before you know it, you’ll see the results, your business will be growing, and your numbers will be sassy and sexy, and you’ll have a team of people working together for YOUR business.