When I first launched Gen Y Planning, I did pretty much everything myself. I met with clients and created their financial plans. I wrote this blog and my email newsletter. I marketed myself. I slaved over PowerPoint slides when hired to give a presentation. I worked a lot of nights and weekends from home, coffee shops, and while traveling.
Eventually, something had to give. As I said in a previous post, it was going through a divorce that made me realize I needed help with my business. My clients needed my guidance when making huge life decisions, and it was a struggle to handle writing, marketing, and other tasks and still be there for them.
I decided that I wanted to be a true partner in my clients’ financial decisions, and it was time to get some help with the rest. And I have to say, the moment you let go of the belief that you have to control everything is the moment your business really begins to grow!
So how do you assemble your team, especially if you have no experience hiring or managing people?
Before You Hire Anyone, Start With “Team You”
As you get a new business off the ground, a few people will be instrumental to your initial success. Begin by outsourcing complex things like compliance, taxes, and legal matters. (No, I don’t do my own taxes. They are the last thing that I want to mess up!). I have a CPA, small business attorney, and compliance consultant that are all on a monthly retainer. Their expertise is invaluable and I can reach out to them as needed.