51: How to Hire Using Clockwork + Profit First Together
The CEO Help Desk from Run Like Clockwork · Mike Michalowicz + Adrienne Dorison
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Show Notes
One of the common hiring concerns we get from our Clockworking clients is that they worry hiring might blow out their 'expenses' category when also following Profit First.
On this episode of the Run Like Clockwork Podcast, Emily + Laurie from Team RLC share how Clockworking and Profit First can absolutely coexist when hiring. In fact, not only can they coexist, they can be a dynamic duo to make hiring efficient and profitable.
In this episode they cover:
- Actionable steps for how to leverage the Clockworking principles of time tracking for hiring.
- How to use metrics to inform your hiring decision.
- How to utilize Profit First accounts for hiring + training.
- Why contractors should be deducted first before finding your "Real Revenue" when doing your Profit First distributions.
Once you've identified who to hire or how to rebalance your existing team, the next key step to removing yourself as the bottleneck is effective delegation + communication with your team.
We have a free resource to help you do just that! Grab our 4 Tips to Efficient Communication + Delegation at www.runlikeclockwork.com/4-tips
We'd love to hear how you are implementing Clockwork + Profit First within your business and hiring process! Tag us on Instagram @rlclockwork