Making Your First Hire a Successful One 94

Making Your First Hire a Successful One

There are many things you need to learn how to do as a business owner, and finding the right people, managing employees and turning them into a team are all key aspects.

As with anything else in life, though, in the entrepreneurial world it’s smarter to start small and learn as you go. In this case, that means hiring just one person and then tweaking your hiring process.

Here are some steps to begin with to make sure your very first hire is a successful one:

1. Get digital.

If you want to find the right people to do the job for you, you’ll need to get online and be wherever they are.

According to a study, the Internet is the go-to place for employees when they are looking for a job. ‘Some 28% of Americans – including 53% of 18- to 29-year-olds – have used a smartphone in one way or another as part of a job search.’

What’s more, they are now relying on their phones for other tasks too, such as filling a job application or creating their resume or cover letter.

So make sure you’re not left behind by not turning to technology.

Social networks are your first stop. LinkedIn seems to be one of the top choices as both companies, graduates and experienced workers looking for better opportunities are there. But don’t underestimate Twitter, Facebook or other less popular channels. You can never know where your best candidate can find you.

Then there are all the platforms out there connecting employers with employees. Join Guru, UpWork, Freelancer and PeoplePerHour, post your job and receive tens of applications in just a few minutes.

2. Put more thought into the job description.

In order to make your first hire successful, try to express yourself in the clearest way possible so that there aren’t any misunderstandings.

By clearly stating what the job is all about, what your values are and how the work process will go, you’re saving time both to yourself and the future employee as only the right ones will apply for it.

3. Make online checks.

You want to hire people with no criminal record, so what better way than to request one using a user-friendly online system and receive the DBS in under 48 hours.

UCheck are one such secure and fast provider of online checks for employees.

4. Communication is key.

One of the biggest tests of all is how the other person communicates. If he’s asking the right questions, is available for an interview and answers email as often as possible, discusses important aspects as payment, deadlines, or else, then you’re onto something.

Also, check if he’s got similar interests and cares about the industry your business is in as that will mean more commitment to the work.

5. Start with a one-time project.

Another smart thing you can do so that you don’t end up trusting someone too much just to be disappointed in a few weeks or so, is to hire him for a one-time job and see how it goes.

If there are any issues, they will come up in the future. Together with that, you’ll be able to notice some personal traits, such as patience, creativity, initiative, time management (or the lack of these).

Once you see what it is to hire and manage people, you can start thinking about growing your team and thus delegating more work and scaling the business.

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Going Minimalist in The Sharing Economy: Why It Makes Sense to Rent Our Belongings 14

Going Minimalist in The Sharing Economy: Why It Makes Sense to Rent Our Belongings

Last week, Jeremy Rifkin’s documentary “The Third Industrial Revolution: A New Sharing Economy” brought to public attention the importance that efficient sharing economies will have in coming years. The slowing of industrial productivity, coupled with the looming climate change crisis means that the game is up for the “take, make and dispose” model that we currently operate on.

This might seem a little inaccessible from the point of view of an individual. Most of us don’t have time to make lunch in the morning let alone contemplate changing economic models.

Yet the sharing economy is growing all around us, from Gumtree to Airbnb and most recently, stuff-sharing marketplaces like Fat Lama.

Born out of East-London in 2016, Fat Lama is a peer-to-peer rental platform where users can borrow items they need and rent out items that they don’t. It’s completely free to list items and operates out of your local area.

Put simply it’s a way for people to make money off their belongings and for others to gain access to equipment they might not otherwise be able to afford. However, the platform has the potential to become a lifestyle as much as a utility. Here are just a few of the benefits:

Saving The Environment

By 2022, the planet will have produced a staggering 50 million tonnes of e-waste.

This is by no means as harmless as it sounds. We are racing through computers, phones, cameras and cables at an alarming rate and worst of all, we recycle none of it.

By investing in the sharing economy and renting rather than buying, you can make a stance against the destructive and wasteful effects of linear consumerism.

To illustrate the paradigm, let’s take the example of a power drill, which, shockingly, is used for a grand total of 13 minutes on average in its life. It is a waste of money and is using up precious resources to buy such an item. Whereas if you rent from Fat Lama, the price of which is around $5 per day, you will end up saving yourself needless expenditure at no extra cost for the planet. This is not just true of drills, but Lawn Mowers, leaf blowers, cameras and projectors.

Go Local

One of the big downsides to living in an urban environment is the lack of community spirit. Cities can feel stiflingly disconnected and it is not uncommon for a resident to have never spoken to a single person on their street.

There has been efforts made to re-localize districts, with cafés bars and social hubs popping up in suburbs all over the world. However, if you are looking for something more personal, using Fat Lama puts you into contact with hundreds of locals living around you who often, given the circumstances, have the same interests as you do.

For instance, if you are looking to rent a surfboard or Kayak, chances are the owner will be an enthusiast as well. This could lead to at the very least a friendly interaction if not a friendship.

Save Money and The Planet

The other great strength of renting rather than buying that it will save you a packet.

The sharing economy is founded on the principle that limiting ownership reduces marginal costs because the cost of production storage etc. is mitigated from the equation.

To return to the power drill analogy, a low-end model will cost you around $100, which means that every minute of use is around just under $8. Unless your drill doubles up as a cocktail-maker, this seems like an enormous waste of money. In comparison, the average electric drill on Fat Lama will cost you less than $8; really it’s a no-brainer.

Make Some Moral Money

Aside from the obvious social benefits, you can turn your underused belongings into hard cash, with virtually no effort.

We have all made some questionable purchases. Whether it’s that DSLR you promised your parents you were going to use or that sound system that never get used because of you neighbours. Now they don’t have to be an ugly reminder of the lost money but active assets that can start paying for themselves. Often the money made from these items can far exceed their original price, with some users earning up to $5000 dollars a month, more than the minimum wage in any country.

These are just a few examples of the way in which renting can impact your life for the better.

Right now it’s the fastest growing sector but the possibilities are infinite. What I hope you take away from this is that being an ethical consumer doesn’t have to be a bleak future of Spartan self-control but rather a re-imagining of the way goods flow today. Clean consumerism is not a dream, it’s right in front of us.