How to Build the Right Team

No Business Woman is an Island
How to Build the Right Team

No Business Woman is an Island
How to Build the Right Team

We know you like to do that superwoman thing. Or better yet, you think that if you don’t do it then it won’t be done correctly. Or worse, perfectly! Gasp! But to build a company that grows and grows, you need to start building a team around you.  Here’s how!

To build a strong business you a team of professionals and others who can support what you’re doing in the business either with professional skills, personal support or serving in a business advisory capacity. Every side hustle success story has a strong team. They say behind every successful man is a good woman. Well, behind every successful woman is a team of supporters—both professional and personal who help propel her to the top. Now, supporters generally come in two forms: advisors and specialists. Some you hire, some you pay for, and some you obtain through networking and outreach. Obviously, you want to obtain your team as inexpensively as possible, but don’t be afraid to pay for experience and expertise if necessary. Smart people at your side can save you years of hard work–and missteps.

What to Do:

To
get started, make a list of everyone you’ve ever known or met
personally who might be of assistance. Relatives, old college friends,
sorority sisters, church members old and new, and even friends of
friends may have the perspective you need. Remember, objectivity is
personality-based, not relationship-based.

If a person is mature, experienced and knowledgeable, they can be of value to you.

Look
for people with proven experience working with business in your
industry or with companies’ of similar size. In the early days of a
business, every penny counts. You’re right to manage costs and not add
people until you absolutely have to, even if you have the cash reserves
to support the payroll. However, the most expensive advice of all is
free advice from a poor source. Get great advice and great help, even
if you have to pay for it. It’ll be worth it! Here are some questions
to ask before hiring key professionals:

1.    What is your experience in the field?
2.    Have you handled matters like mine?
3.    What are your rates and how often will you bill me?
4.    What is a ballpark figure for the total bill, including fees and expenses?
5.    Can you provide references?