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June 23, 2008

The Entrepreneurial Hire

When a business owner takes some time to think about his or her business, a harsh reality often presents itself: The business just doesn't have the horses to jump the Barrier. There isn't enough time and/or talent to produce enough more and/or to sell enough more to get to the next level. Which leaves three options:

1. Throw in the towel

2. Keep hanging on

3. Make an entrepreneurial hire

Starting a business is an act of faith. Making a key entrepreneurial hire is a second, more profound, act of faith. You can't afford another salary. The consequences of a bad hire are likely disastrous. And yet, it's quite possibly the only way forward.

What are you going to do?

posted by Jack Hayhow at 12:46 PM
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