{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fbeyond-the-pump.simplecast.com%2Fepisodes%2Fthe-risk-power-of-hiring-113-PKvUhLKu","width":444,"version":"1.0","type":"rich","title":"The Risk & Power Of Hiring - 113","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/407b70a6-0038-4c09-828d-687aeb39587a/1a125df4-2c4a-4a80-865b-f25d0f5835cd/btp-20pod-20cover-20-1.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/66ac9d1d-3948-4d20-8e9d-8c914183624b\" height=\"200\" width=\"100%\" title=\"The Risk &amp; Power Of Hiring - 113\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"Stop hiring people to solve your laziness.\n\nMost entrepreneurs hire their first employee for the wrong reason: they simply don't want to do the work anymore. This is what we call \"Entitlement Hiring,\" and it is the fastest way to burn through your cash flow and kill your business.\n\nIn this episode of Beyond The Pump, we break down the brutal reality of building a team. We discuss why you probably don't need an admin (you need better systems), the financial \"War Chest\" you must have before signing a paycheck, and why thanking your employees for \"just doing their job\" is actually necessary.\n\nWe cover:\n-The Entitlement Trap: Why hiring an assistant before you have processes is a waste of money.\n-The 3-Month Rule: The exact amount of cash reserves you need before hiring anyone.\n-The \"Pet Rock\" Problem: Why you can't teach a bad hire how to fish.\n-Declarative vs. Procedural Knowledge: How to vet if someone can actually do the job or if they just interview well.\n\nListen now to save yourself from a costly bad hire.\n\nFollow us: https://www.instagram.com/officialhcsa/"}