Episode #75 - Build a Bigger Boat
I was asked what I thought about the decision of a small online company to bring on five full time employees after reaching only a couple hundred thousand dollars in annual revenue. At first my head exploded but the truth is that the question is complicated.
On the show today I talk about the ways you can look at this question and how you should be thinking about hiring for your company. The truth is that the answer to the question comes down to mindset and situation. The decision to hire or use contractors really comes down to you. Do you know your numbers? What work are they doing? How are you going to use them? These and many more questions get addressed in this week’s episode.