Business Education

Want to Grow Your One-Man Show into Big Business? Then Follow George Washington’s Example

In 1775, the Continentals were planning to exit royal crown rule, but needed a leader. They were looking for someone with experience and who commanded great respect. Among the many meetings, one individual stood out among the rest. Towering above his contemporaries at 6 feet 2 inches, weighing 200+ pounds, was an impressive figure who always wore a military uniform to such patriot gatherings. It was a not-so-subtle way to convince the colonial leaders he’d be a perfect fit.

But when named the General of the Continental Army, George Washington quickly realized that almost all of his troops lacked military experience. In fact, very few had any military experience whatsoever. So, he had to train them, starting with the basics: how to march in formation, how to pitch a tent, how to dig holes for latrines, how to load and clean their weapons. In other words, every single skill a soldier needed.

This is a great example of how today’s solopreneurs can grow their businesses by enlisting the help of industry outsiders and training them in detail.

How Solo Business Owners Can Grow by Hiring and Training Inexperienced Talent

As a solo business owner, scaling your company can feel daunting, especially when resources are tight. Hiring experienced professionals might seem ideal, but their salaries and expectations can strain a small business. Instead, hiring and training people with little industry experience can be a cost-effective, sustainable way to grow. This approach not only builds a loyal, tailored workforce but also fosters a culture aligned with your vision. Here’s how to do it in just five steps.

Why Hire Inexperienced Talent?

Inexperienced hires, such as recent graduates or career switchers, often come with lower salary expectations than seasoned professionals. According to the U.S. Bureau of Labor Statistics, entry-level workers earn about 20-30% less than their experienced counterparts, freeing up capital for other growth initiatives.

These candidates are typically eager to learn, adaptable, and less set in industry-specific habits, making them ideal for molding into roles that fit your business’s unique needs. Plus, investing in their growth can foster loyalty, reducing turnover—a costly issue for small businesses, with replacement costs averaging $4,700 per employee, per the Society for Human Resource Management.

Step 1: Identify the Right Candidates

Hiring inexperienced doesn’t mean hiring unqualified. Look for candidates with transferable skills, a strong work ethic, and enthusiasm for your industry. For example, a retail business owner might prioritize candidates with customer service experience, even from unrelated fields like hospitality. Use job platforms like Indeed or LinkedIn, but also tap local resources—community colleges, job fairs, or social media groups. Craft clear job descriptions emphasizing growth potential over prior experience. During interviews, ask behavioral questions like, “Tell me about a time you learned a new skill quickly,” to gauge learning agility.

Step 2: Design a Scalable Training Program

A structured training program is critical to turning novices into assets. Start by documenting your business’s core processes—sales, customer service, inventory management, or whatever drives your operations. Break these into bite-sized modules to avoid overwhelming new hires. For instance, a solo bakery owner might create a week-long onboarding plan: Day 1 for hygiene protocols, Days 2-3 for basic baking techniques, and Days 4-5 for customer interactions.

Leverage free or low-cost tools to streamline training. Platforms like Google Classroom or Trello can organize materials, while YouTube tutorials or industry-specific online courses (e.g., Coursera) can supplement hands-on learning. Pair new hires with yourself or a trusted employee for shadowing, ensuring they learn by doing. Regular check-ins during the first 90 days help address gaps and build confidence.

Step 3: Foster a Growth-Oriented Culture

Inexperienced hires thrive in environments that encourage learning and experimentation. Set clear expectations but allow room for mistakes as part of the growth process. For example, a marketing agency owner might let a new hire draft social media posts, providing constructive feedback rather than demanding perfection. Recognize small wins—public praise or a $50 gift card can go a long way. Data from Gallup shows that employees who feel recognized are 20% more engaged, boosting productivity and retention.

Encourage ongoing learning by offering access to affordable resources, like industry webinars or local workshops. A solo business owner in tech, for instance, could provide a Udemy subscription ($20-$50/month) to help a new hire master coding basics. This investment signals commitment to their development, increasing loyalty.

Step 4: Delegate and Scale

As your team gains competence, delegate tasks to free up your time for strategic growth—marketing, partnerships, or new revenue streams. Start with low-risk responsibilities, like handling customer inquiries, before entrusting bigger roles, such as managing inventory. Use tools like Asana or Slack to track progress and maintain communication. A 2023 study by McKinsey found that effective delegation can increase small business revenue by up to 15% by allowing owners to focus on high-impact activities.

Step 5: Overcome Challenges

Hiring inexperienced talent isn’t without hurdles. Training takes time, and early mistakes can frustrate busy owners. Mitigate this by setting realistic timelines—expect 3-6 months for full proficiency. If a hire struggles, assess whether it’s a training gap or a poor fit. High turnover early on can signal unclear expectations or inadequate support, so refine your process as needed.

Want to Accomplish More?

Do you want your company to grow faster and earn more while spending more time with your family doing everything you started your business to do?

We can make that dream a reality. Give us 30 minutes, and we will show you how to get your life back. Skeptical? Good! Put us to the test.

You can call us for your free appointment at 480-636-1720, or, if you prefer, Waters Business Consulting Group to learn more about us and the services we offer.

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Trump Clinton Obama Spying Teach a Great Business Lesson

June 7, 2017 No Comments

If you follow the latest news, you no doubt know there’s a lot of allegations about spying. And, you’ve definitely heard the word “collusion” all-too-many times. It’s post-election politicking at its worst (or best, depending on your perspective). Anonymous sources are spilling the proverbial beans day in and day out. Regardless of your take, all of this does teach a solid business lesson, you just have to look past the ugliness. That lesson is how to protect company secrets, particularly when employees depart. How to Protect Company Secrets after Employees Leave One of the best measures is to get to know all your team members so you can keep them happy. You might learn it’s time to transform your company’s culture or take other steps to improve the environment. The more involved you are with your employees, the better able you are to deal with problems before they arise or before they become overwhelming. This way, if you have a new hire who is willing to share information about a previous employer, you’ll know that’s a possibility when he or she leaves. Ever wonder why generic forms of cola never seem to taste quite like the taste made famous by Coca-Cola brand? Or why nothing quite measures up to the “special sauce” in a McDonald’s Big Mac? It’s not for lack of effort by way of competitors, but instead, a careful product of some of the best-kept industry secrets. While many industries basically work to reproduce the same type of product in different forms, what helps a company distinguish itself from its competitors, gain notoriety, and keep a competitive edge is the little known inner workings that make their products or services stand out from the pack. —Business.com It’s also a great idea to get to know your team members because then you can learn about them as individuals. This is a wonderful way to know what rewards are most appreciated. And, content employees are typically more loyal. On the other hand, employees who are kept at arm’s length tend to be more disgruntled. According to a Ponemon Institute study, 61 percent of unhappy team members steal company information. But there are other steps you can take to protect company secrets, even after employees leave your organization: Set expectations. “It’s better to be safe than sorry,” the old adage warns. And, this is true when it comes to keeping company secrets. You have to ask yourself about what’s most valuable to your business and that’s what needs top priority protection. This starts by setting expectations and keeping employees informed about company confidentiality policies. If necessary, have employees sign non-disclosures so they are less tempted to share secrets. Utilize technology. In today’s modern technological environment, there are plenty of tools at your disposal. Use them to your advantage so there’s less access or blocked access where it’s appropriate. For instance, if you are developing a new tool, salespeople should not have access to the plans but designers should. Put technology to work where needed and that will help to minimize potential risk. Monitor employees. You can also use technology beyond controlling access. Monitoring employees can be a treasure trove and provide much appreciated relief. For example, if a team member is about to leave and is actively interviewing with other companies, monitoring their digital activity might be worthwhile. Cut off access quickly. Although it’s not pleasant to think about, when an employee departs, unless it’s on truly amicable terms, there’s a risk something that could go with them, carried right out the door. So, be sure to terminate access right away to remain safe. How do you keep trade secrets? What steps do you take to protect company secrets? Please share your thoughts and experiences by leaving a comment! Interested in learning more about business? Then just visit Waters Business Consulting Group. [shareaholic app=”follow_buttons” id=”26833294″]

Groupon Teaches Us These Lessons About Discounts

December 1, 2017 No Comments

Groupon is up in its latest earnings report. About 18 percent and that’s welcome news for the e-commerce discount platform. Headquartered in Chicago, Groupon launched in November 2008. It rose by leaps-and-bounds. That is, until recent years, when it experienced big time losses. In fact, its 2011 Q4 figures revealed a whopping $9.8 million loss. Ironically, that comes about a year after the Wall Street Journal forecasted it to reach $1 billion in sales faster than any other company in history. Today, it’s a different story. And, this business model teaches us all important business lessons about discounts. The Downside of Discounts Big companies aren’t immune to blunders. Right now, McDonald’s is trying a bold new experiment. There’s no guarantee it will work. But, the company won’t know unless it tries. Groupon’s saga tells us much about discounts. For participating businesses, Groupon vouchers do get more customers through the door. But the question to ask is if those same individuals would have patronized the business without a Groupon? Your marketing message plays a huge role in conveying the true value of your products. Even if your prices aren’t the lowest around, emphasizing the added value that customers get from your store, such as any guarantees you offer, personalized service or better-quality merchandise than the competition, can convince shoppers your prices are worth it. —Small Business Trends Additionally, there’s another phenomenon at play. A large majority who use a Groupon do not repatronize a partner business. After all, why pay full fare? Moreover, it does cause customers to seriously think about the value of non-discounted purchases. That starts a cycle. A business partners with Groupon. That business serves more customers during the discount period. Then, visits go back to the previous levels. If it comes at a net cost per ticket, there’s obviously no benefit. So, they do not participate in Groupon discounts again. Product and Service Discount Advantages But, this isn’t always the scenario. Some businesses gain a net plus from working with Groupon. Which means there are some distinct advantages to offering discounts on products and services. Here are the benefits to offering discounts to your customers: Attract more customers. It’s no secret people like deals. So, play to this by offering discounts on key items or services. You’ll attract new customers and this will increase repeat business at the same time. It’s a great way to advertise and to be seen as providing real value. Increase sales. With more new customers and repeat business, you’ll have more sales. If you choose the right discount strategy, you’ll come out ahead and that’s money you can use in different ways. For instance, you can purchase more inventory or put that extra sales money to other uses. Free up space. Discounts can help to free up precious shelf and/or cabinet space. This is a great move for small, independent retailers because it allows them to offload certain things to bring in new products. Bolster reputation. Offer discounts to certain people, like military and first-responders. This shows your business cares and that’s a positive for its reputation. You can do the same with elderly customers or families with small children. Do you offer discounts? If so, what kind and how much? Have you found discounts help or hurt your business? Please share your thoughts and experiences by commenting! Interested in learning more about business? Then just visit Waters Business Consulting Group.

How to Make a More Productive Monday on Friday

May 16, 2017 No Comments

With another hectic week coming to a close and the excitement of the weekend just hours away, it’s no wonder why Fridays are less than practically productive. In some business environments, it’s the unofficial slack-off day, one comprised of mundane tasks, a bit of cleanup, and perhaps, some tying of loose ends. Plans for the weekend take away attention from the inbox, and minds wander. Fridays, by-and-large, are informal work days, and that’s a shame, because these could serve as launch pad for serious Monday productivity. How to Make a More Productive Monday on Friday Ironically, Mondays aren’t much better, as these are the days returning from the weekends dreamed about on Fridays. The first day of the work week is one that’s often dreaded, in-part because of what wasn’t done on Friday. Talk about a dichotomy, this one scores high on the list. What’s worse, is that your team members aren’t alone in this experience, because you too, are right alongside them, especially on Friday afternoon, after lunch. Monday mornings are the most critical time of the workweek — they set the stage for the day and week ahead. Most successful people are keenly aware of the typical Monday-morning workplace dynamic of unanticipated events, overflow of communications, and general chaos. —Business Insider Even with all your entrepreneurial drive, you too, are ready to enjoy the downtime the weekend delivers, and it’s important because it lets you let go, at least enough to refresh. This dynamic doesn’t have to bedevil your company, or more particularly, you. There are some things you can do to make a more productive Monday on Friday: Plan in advance for the following week. Monday is often treated with disdain precisely because of what it holds in-store. Ironically, it’s what wasn’t done on Friday that makes this a reality. Mondays don’t have to be a scramble to catch-up, they can be a productive day, if you prepare on Friday. So, prime your sales pipeline, get organized, and plan out the week. You’ll do yourself a huge favor, and you’ll avoid that nagging feeling that you forgot something. Identify one or more things to get done today. Instead of counting down the clock to the end of the day, look at the time available to use for a task or two that’s yet to be completed. When you tackle a project, even if it’s small, you’ll feel a sense of accomplishment, and not guilty about taking time for yourself over the weekend. Reach out to customers early in the day. Because Friday is a lackadaisical day in so many offices, you can use this phenomenon to your advantage. Reach out to customers you haven’t connected with in awhile, and double down by following-up with deals in-the-works. Leave a small reward to enjoy on Monday. One reason Mondays seem so bland is because they lack reward. Whatever it is that perks you up, and not just a cup of coffee, like a favorite snack, put it aside for next week. You can even set a reminder to make it all the more special. Begin the week with thoughtful recognition. There is probably at least one person who helped you out this week, perhaps two or three. Show your appreciation by picking something up for them over the weekend and surprising them on Monday. It will keep you eager to get back Monday morning, and will create a sense of appreciation and excitement to the recipient(s). Another thing you can do on Friday to make Monday more productive is to get that one pain point out of the way. It will make the weekend all the more enjoyable and sweet, plus, it won’t daunt you next week. I started doing this in the form of a game or competition. How many pain point, or high priority projects, phone calls or tasks could I accomplish before I leave on Friday? How many projects or priorities do I have on Monday that I could complete on Friday to make Monday an easy start? And it is working for me with higher productivity, growth and more free time. Make your Friday count so that Monday is a breeze! [shareaholic app=”follow_buttons” id=”26833294″]