Eric Siu explains when you need to hire your first employee. Categorize your tasks by hourly value: $10, $100, $1,000, $100,000 per hour. Your first hire should be an assistant to handle the low-value work, freeing you for what only you can do.
I no longer have enough hours in the day.
What do I do then? That's when you start to hire. And so I would say one of the first hires that is worthy of making with a services or agency model is actually your assistant, because that person can take a lot off your plate. Because look, you're gonna be doing the work. That means you need to be collecting all the assets, you need to be coming up with the captions and all that type of stuff. There's a lot of logistical maneuvering to be done. There's a lot of calendars, like you're gonna have to get on client calls too. Who's going to manage all that? So I think the best move to do is come up with your bucket of $10 an hour tasks, $100 an hour tasks, $1,000 an hour tasks, and all the way up to like $100,000 an hour tasks. You should be thinking about every single quarter, what are the 15% of things you can be eliminating and hiring out? Because a job at the end of the day is just responsibility. So make that list of responsibilities and go hire out for that.
That makes it sound very simple. I think a lot of people feel like, you know, I certainly felt this with my first hire, like, oh my God, it's such a big deal.
I need to get it right. I need to make sure I have everything.
But you're just like, I mean, a job is just a list of responsibilities. Yeah, it's simple, not easy.
