Hire Smarter Bonus Mini Series Pt 3 - Profitable Onboarding

12/17/23 • 25 min

Big Dreams Great Teams® with Paula Maidens

Part 3- Hire Smarter Summer Series - Profitable Onboarding

Welcome to the final episode of the Hire Smarter Mini-Series with Paula Maidens. The host, Paula has shared invaluable insights in this three-part series to help you make confident and informed hiring decisions.

In part one, Paula covered the common mistakes to avoid when hiring and in part two, Paula emphasised the significance of getting clear on the qualities and behaviors you desire in a candidate.

In this episode called "Profitable Onboarding," Paula explores the often overlooked aspect of onboarding as a strategic investment rather than just an expense. She delves into the importance of viewing new hires as contributors to scaling your service-based business profitably.

Highlights of this episode:

The shift from viewing hiring as an expense to understanding it as a strategic investment in scaling your business.
Strategies to ensure a quick return on your hiring investment by setting clear expectations from day one.
Exploring key elements—training, information, expectations, and corrective conversations—for a profitable onboarding process.
The significance of setting specific expectations to guide new hires effectively during their initial month and how this impacts how fast they get up to speed.
Embracing transparent discussions to guide new hires back on track, ensuring continuous improvement.
Paula also shares a glimpse of the 2024 Hiring Mastery Bootcamp, which offers a comprehensive guide for successful hiring and your opportunity to get access to exclusive waitlist perks.

This episode emphasises the significance of establishing the right expectations, providing comprehensive training, and maintaining open dialogue and by doing so, your business can set new hires up for success from day one.

This entire Hire Smarter Mini Series has focused on empowering you, as the CEO of your business to hire strategically, emphasising the importance of clarity, preparation, and structured onboarding for successful and effective team integration.

LINKS:

Join the Hiring Mastery Bootcamp for exclusive waitlist bonuses here.

Want to chat to Paula to explore working together?

Book a Dream Team Discovery Call

Connect with me:

Website: www.paulamaidens.com

Instagram: @paulamaidensconsulting

Facebook: @paulamaidensbuildingawesometeams

Part 3- Hire Smarter Summer Series - Profitable Onboarding

In part one, Paula covered the common mistakes to avoid when hiring and in part two, Paula emphasised the significance of getting clear on the qualities and behaviors you desire in a candidate.

Highlights of this episode:

The shift from viewing hiring as an expense to understanding it as a strategic investment in scaling your business.
Strategies to ensure a quick return on your hiring investment by setting clear expectations from day one.
Exploring key elements—training, information, expectations, and corrective conversations—for a profitable onboarding process.
The significance of setting specific expectations to guide new hires effectively during their initial month and how this impacts how fast they get up to speed.
Embracing transparent discussions to guide new hires back on track, ensuring continuous improvement.
Paula also shares a glimpse of the 2024 Hiring Mastery Bootcamp, which offers a comprehensive guide for successful hiring and your opportunity to get access to exclusive waitlist perks.

LINKS:

Join the Hiring Mastery Bootcamp for exclusive waitlist bonuses here.

Want to chat to Paula to explore working together?

Book a Dream Team Discovery Call

Connect with me:

Website: www.paulamaidens.com

Instagram: @paulamaidensconsulting

Facebook: @paulamaidensbuildingawesometeams

Previous Episode

Hire Smarter Summer Series Pt 2 - How to Decide YOUR Top 5 Qualities To ALWAYS Hire Rockstars

Episode 108 - How to Decide Your Top 5 Qualities To Only Hire Rockstars

In Part 2 of the Hire Smarter Mini-Series, the host Paula Maidens, focuses on achieving clarity before embarking on the hiring process and the significance of understanding five key aspects before getting started on your hiring process.

Paula highlights the tendency to overlook these crucial clarity aspects during what’s often a busy and stressful hiring process, however mapping out these details increases the likelihood of hiring the right candidate while reducing the chances of making a hiring mistake.

Paula’s focus in this episode revolves around the critical yet often overlooked aspect of hiring—hiring for the specific characteristics or behaviours that a candidate brings to your workplace. These elements are often overshadowed by an emphasis on skills and experience which can lead to hiring someone who doesn’t feel like they are a fit for your team.

Highlights of this episode:

5 critical aspects that need clarity for successful hiring.
How clarity maximises your chances of hiring the right candidate while minimising the risk of hiring the wrong one.
Common misconceptions and pitfalls that are typically associated with the hiring process.
Why getting a comprehensive understanding of an individual's work style beyond their resume is essential to their success
Aligning the working methods of the new team member with the preferences and comfort of the CEO or leader in a business as well as the team as a whole.
The significance of communication methods and how different individuals prefer various modes of communication.

This episode focuses on the importance of you as the CEO,understanding your own needs, preferences, and work style, and how to translate these into specific hiring criteria and expectations for potential hires to ensure a better fit within your business. Paula also touches upon the diversity of preferences regarding communication methods and tools, highlighting that what works for one person or business might not suit another.

Part 3 of the Hire Smarter Mini Series will be released next week with a topic of Profitable Onboarding

LINKS:

Download the Top 15 Hiring Qualities for Service-Based Businesses Guide here that was discussed in this podcast episode

Want to chat to Paula to explore working together?

Book a Dream Team Discovery Call

Connect with Paula:

Website:www.paulamaidens.com

Instagram:@paulamaidensconsulting

Facebook: @paulamaidensbuildingawesometeams

Next Episode

Profit Profit Profit : How to get more of it in 2024 with Laura O'Hagan

Profit Profit Profit : How to get more of it in 2024

Welcome to 2024 with our first Big Dreams Great Team® podcast episode for the new year!

In this episode, Paula is joined by her guest, Laura O’Hagan, a profit and growth consultant who helps business owners pay themselves more. Laura specialises in the health, beauty, and professional services industries.

The focus of this episode is all about: Profit. Answering questions such as why profit is often overlooked in favour of sales or revenue. Laura and Paula discuss reasons behind the lack of emphasis on profit in business conversations and why it is critical to both growth and sustainability.

Dive in to this episode to hear:

Misconceptions that revenue equals success and how this overshadows the importance of profitability.
Strategies to improve business profitability by optimising finances and expenses.
The significance of examining the formula of revenue minus profit minus owner's compensation to identify expenses and optimise spending.
The importance of examining expenses, reevaluating service offerings, and considering pricing structures to ensure profitability.
How to assessing expenses categorically, separating profit-generating costs, necessary expenses, and potential wasteful spending. Reviewing expenses regularly helps eliminate duplications and unnecessary costs.
Practical advice and tools to help business owners better understand their financial landscape and make informed decisions.

Paula and Laura highlight the importance of these strategies in driving businesses towards enhanced profitability for this year and future years. They also discuss empowering business owners to reconsider their compensation models for sustainable growth.

Tune in and enjoy the new learnings this new year!

LAURA’S LINKS:

LINKEDIN: linkedin.com/in/laura-o-hagan-a55ba23

INSTAGRAM:https://www.instagram.com/laurajohagan/

FACEBOOK:https://www.facebook.com/LauraOHaganCoach

Website: https://laurajohagan.com/

Download Laura’s Profit Benchmarks https://laurajohagan.com/benchmarks/

PAULA LINKS:

Chat to Paula about working together via a Dream Team Discovery Call

Website:www.paulamaidens.com

Instagram:@paulamaidensconsulting

Facebook: @paulamaidensbuildingawesometeams