Profitmaker: Hire Learning
Success is a wonderful thing. It means you can continue to do what you want to do (make videos) while profiting by your labor. But when you get to the point where you're always working nights and weekends just to keep up, and you're making enough profit to justify the move, it may be time for you to get some help.
When is the correct moment to hire? A rule of thumb that has worked for this writer is: when you can no longer avoid it. If you can hire a freelancer now and then to work for a day, do so. If you can get a temporary clerical worker to get you past a particularly busy time, do so.
Don't hire a full-time worker for anything less than full-time work. This obviously means that a full- time employee has to generate enough profit to cover his or her paycheck. But consider that an employee also causes you to spend extra time with paperwork like IRS forms and Social Security payments. Dealing with these headaches takes time. Time is money. …
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