It’s a construction company. Started a year ago, finally starting to get into the black. But I’m working 7 days a week now and constantly am thinking about it or on the phone or at work and my wife is starting to get irritated with me for it.
It’s a construction company. Started a year ago, finally starting to get into the black. But I’m working 7 days a week now and constantly am thinking about it or on the phone or at work and my wife is starting to get irritated with me for it.
Yeah the plan is when I get a good buffer in the business account to hire another couple guys and have another crew, but the issue is I need to hire a foreman I actually trust. I have many friends in the trades I’ve accrued over the years and I have a few guys in mind who are interested, but I need to have enough work rolling in to justify it and a big buffer in the bank as well. But I am trying to move in that direction, the plan is absolutely not to work 7 days a week for the rest of my life. Thanks dad!
Another thing that I can tell you, if you are hiring, don’t hire friends, it potentially reduces your friendship to transactions, and also reduces your off time (you may even discuss business in off time) find new people, maybe even make new friends. I am not principally opposed to hiring friends, and it is a good thing if you are expecting good times, you will cherish them, but in failure, you may devalue your firendship.
You are always free to ask anything, Best of luck.
So here arises the issue. How do I find someone to hire to run crews or do management stuff that I can trust, but they cannot be a friend of mine? This is where I struggle with making my next move for my business.
yo can still hire people without necessarily giving them complete responsibility. You have to be clear - are you looking for someone to be a cofounder (or someone with huge amount of say in your company) or as a regular employee. From what you have written I am assuminng you are looking for a managerial position (so possibly large say). In this case, I would say is try to find someone you are atleast aquaintance with, maybe a old school or college mate with shared interest, It can also help rekindle old friendships. You can definitely have a close friend onboard, but make sure they are close enough that any small work space shit will not hamper relations.