Brendon Burchard (via a David Jenyns upload) advises that hiring a high-performing team requires a clear mission and strong commitment: hire only when you have defined a 3–5 year plan and are fully committed, because employees invest their lives (time, finances) in your venture. He also emphasizes taking joy in leading and managing people and the responsibility inherent in hiring.
Chapters
I think the most important thing is when you're going to hire and build a high performing team is that you have commitment for your future. You have clarity when you are hiring. You are not hiring because you have a side hustle. You are hiring because you have a clear mission and your commitment to that is everything. Because you're going to ask people to come on your team who they're committing their life, they're committing their day, they're committing their mortgage payment, their rent payment to you. There's a responsibility in you hiring that you got to know what you're hiring from and that is so critical. So the right time to hire is always when first you've defined that mission, that goal, that business, that dream for that three, five year out plan and then you know that you're fully committed and you're going to work it. Then you also really take joy in leading and managing people because the truth is you can outsource a lot of things and not have to deal with it. Or you say, listen, I'm going to make sure when I hire, I hire well.