If your business is growing beyond your expectations, then it’s important to understand how to cope with it. A fast-growing business is dangerous in many ways. Most of the time, it’s the lack of manpower and vision that can ruin an otherwise flourishing business idea. It’ll be dragged down by indecisiveness, a lack of knowledge and occasionally, stubbornness. If you don’t want to screw up your fast-growing idea, then here are a couple of recruitment strategies that will help you find and secure the manpower needed to run your business.
Hire talent, but let them go
Talented individuals are attracted to fast-growing businesses. They’ll swarm around you like moths to a flame, just waiting for a chance to ascend their career ladder and make something of their life. However, it’s important that you understand this basic rule with most starry-eyed graduates: they will leave you. You’re just a stepping stone on their path to greatness and they will rampage through several businesses before either realizing they’re not as talented as they thought they were or starting up their own company. Hire talent, use them as much as you can, squeeze every bit of productivity and all the ideas you can, and then let them go instead of wasting time, effort and resources on trying to keep them in your company. Don’t promise them riches and don’t promise them a share of your company—just let them go.