Don't Hire Your Family!
The Bulletproof Business Podcast
English - November 30, 2020 00:00 - 12 minutes - 11.2 MBEntrepreneurship Business Education business entrepreneur start you own business scale your business paul abercrombie entrepreneurship bulletproof bulletproofbusiness bulletproof business hustle Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, Paul looks at the topic of working with family. Many entrepreneurs and business owners start by employing family members. In this episode, Paul talks about the pitfalls of doing so but if you still do choose to work with them what you can do to attempt a more successful working relationship.
KEY TAKEAWAYS
One of the key traits of an entrepreneur is to be resourceful. To get what you want by using what you have around you to the best of your ability. This is why many employ family. Paul employed many family members in the first two years of his business, all of them apart from two did not turn out well. Those close to us can also be the ones that harbour the most resentment when we grow and succeed – this can cause issues when hiring family members. If you do decide to employ a family remember you need to go into it with no expectation of them. You will only be disappointed if you expect them to go above and beyond for you in all areas. Ensure you have a frank conversation outlining boundaries before you take on a family member. Everything needs to be clear to both parties for it to work.
BEST MOMENTS
“When you employ family you automatically expect more from them”
“It’s another level stress you don’t need when you are trying to build your business”
VALUABLE RESOURCES
ABOUT THE HOST
Paul Abercrombie
Entrepreneur, Speaker, and Founder of Multiple Businesses. Paul is on a mission to help business owners and Entrepreneurs achieve success.
"In 2008 I left my full-time job to follow my dream of owning my own business and building a better life for me and my family. Since then I have started 12 businesses, generated millions in sales revenue and employed hundreds of people. I have also had some epic failures, made many mistakes and it’s my mission to ensure other can learn from my experience, avoid the mistakes I have made and achieve success in both life and business!”
CONTACT DETAILS
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