Financial Commandment #1: Your Money, Your Responsibility
In this post you’ll learn: He almost didn’t review his tax return that year....
eCommerce guru, Bill D’Alessandro is back on the show this week to join me in a review of hiring our first employees. We discuss everything from what we did right, where we were able to mix it up, and what we completely missed the mark on. We also take some time to catch up on what has been going on since our last episode.
On this week’s episode, using our experiences from the last 6 months of working through the hiring process, Bill and I come up with 6 lessons to a successful hire. You don’t want to miss this episode’s beneficial tips that will save you countless wasted hours and reduce your risk of hiring the wrong person.
Here’s What You’ll Learn
- How Bill was able to dramatically increase his conversion rate by making one simple change.
- Why it is important not to forget to account for the time you will need to take to train your new employees.
- Why you should ask from the very beginning what your interviewees’ salary requirements are and what their 5-year plan is.
- How the first two employees you hire will define the culture of your company.
- The importance of being careful on how many people you interview (you may fall victim to your own cognitive biases).
- Why Bill prefers to use Craigslist for qualified interviews over LinkedIn or utilizing his email list.
What Was Mentioned
- Element Brands | RebelCEO.com | Nurture My Body – Bill D’Alessandro
- eCommerceFuel Ep #27 with Bill D’Alessandro
- Craigslist
Want to Be Featured on the Show?
Reach out to us with your questions or feedback for the show, and submit any first sale announcements or other progress achievements!
- Comments section below
- Twitter: @youderian
- Contact me directly
Post by Andrew Youderian
Founder and Chief Instigator, eComFuel
Andrew quit an early finance job to sell CB radios online — an admittedly unorthodox career path. It set him on a course to found and sell multiple businesses, host a decade-running podcast, lecture at Harvard Business School and create eComFuel, the leading community for 7- and 8-figure online business owners. Andrew is fascinated with branding, AI, building community, investing and growing meaningful businesses that don't require sacrificing what truly matters.
