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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The Samsung Galaxy Fold Demonstrates this Powerful Business Lesson

May 29, 2019 No Comments

The mobile technology world experienced one of the biggest public blunders of all time. Samsung shipped a number of demo units of its $2,000 foldable smartphone to several high-profile reviewers. Within 48 hours, a good number of the devices were broken. The reviewers shared their surprise and since, Samsung has delayed the release of its “Foldable Phone of the Future.” The Samsung Galaxy Fold Unfolds Unnecessary Bad Publicity To be fair, some broken due to reviewer mishandling. They mistook a part of the screen as a protective layer that all smartphones ship with. Others noticed bulges in corners near the fold. While the former did inadvertently damage the devices, the latter simply watched as the units failed. You’re anxious to get your business off the ground or get your latest product out to the public as quickly as possible. Perhaps you’ve already started your marketing and promotional campaigns. You’ve got visions of a best-selling product dancing in your head. But selling too quickly can be dangerous; there can be drawbacks if you are putting the cart before the proverbial horse. Businesses that start selling new or innovative products without taking the time to put their ducks in a row often regret their decision. —All Business It’s yet another example of a manufacturer rushing a product to market before it’s truly ready. When such bad PR situations occur, these can lead to companies going out of business outright. The Negative Effects of Rushing a Product to Market Companies rush products to market. It does happen. And, it’s a huge and completely unnecessary risk. Here’s why: Damage to reputation. Let’s begin with the obvious. While mega corporations can weather such storms, small businesses might suffer tarnishes to large to overcome. It sends the wrong message. Thomas Edison practically invented “vapor-ware,” the introduction of a product which doesn’t actually exist. When you release something prematurely, you’re sending a message you care more about turning a profit than your customers. It causes a loss of trust. If the gamble fails to payoff, it means you’ve sacrificed trust. Consumers just won’t trust your brand in the future and that’s never a good thing. Your team will also suffer. Pushing out a product before it’s ready just might lead to a loss of key employees. Some could walk away, not wanting an association with a company who isn’t willing to wait until it’s right. You’ll regret the decision. Of course, as the leader of the organization, it’s you who takes all the blame. Ultimately, you’ll have to accept making a bad decision and the consequences which inevitably follow thereafter. What other negative consequences does rushing a product to market have? Please share your thoughts and experiences by commenting! Interested in learning more about business? Then just visit Waters Business Consulting Group.

Strategic Moves Small Business Owners can Make during Rising Inflation Periods

January 13, 2022 No Comments

Rising inflation is affecting both consumers and businesses alike. As the dollar’s purchasing power decreases, and prices for goods and services rise, a vicious cycle ensues. Small business owners are obviously not immune to this damaging dynamic. These small companies experience a decline in sales volume and their top lines fall. Fortunately, there are some strategies that small business owners can use to their advantage, even as inflation rises. While these moves won’t magically make all their problems disappear, they will help them to get through this trying time and even realize a greater profit in the future. Expect the Unexpected It is very easy for small business owners to get comfortable in their routines. So, when circumstances change, they generally are not prepared. The shock can lead to making rash decisions and as everyone knows, decisions made under duress don’t typically go very well. Because there is no way to tell how long this inflationary cycle will last, it’s best to adapt to the disruptive environment than to ignore it and hope to weather the storm. An increase in inflation has a number of effects on the economy. First and foremost, it erodes purchasing power as the cost of retail goods and services increase. It can also raise the cost of borrowing as interest rates increase due to increased risk. Inflation increases can also fuel further inflation, creating a feedback loop. —Yahoo Finance In other words, don’t just plan for the immediate short-term, think farther into the future and consider possible contingencies if this inflationary run persists past expectations. Since there’s no real way to know when it will end, it’s far more advantageous to be able to pivot and maneuver on short notice. Otherwise, you could get caught off guard and that could spell big trouble. Strategic Moves Small Business Owners can Make during Rising Inflation Periods The good news is that inflationary cycles don’t last forever, they are temporary. But in such situations, there will be challenges. So, you can use the following strategies to help your small business make it through inflationary times: Offer long-term contracts. During periods of uncertainty, people relish the comfort of stability. Suppliers, vendors, and clients are no exception. Offer them long-term contracts at agreeable terms and that will alleviate some anxiety. It will also help to give you more peace of mind in the short term and can also help to set your business up for future success. Invest in technology. Smart business owners take advantage of these circumstances by doubling down where it really counts. Technology gives businesses the power to increase productivity with fewer employees. Technology is a force multiplier. By expanding their technological assets, companies can not only meet but surpass client demands with fewer human resources. Refinance your debt. Interest rates remain at near historical lows at the moment. But, they are likely to go up through the year. So now is the time to lock in a lower rate and refinance your debt. Paying just a little less in regular installments will help to free up cash for use elsewhere. Resist shrinkflation, if possible. Consumers are very well aware that they are getting less and still paying the same amount or more. Big corporations use this sleight of hand and needless to say, the general public doesn’t like it. If you are able to deliver the same goods and services for the same prices as you normally would, continue to do so for as long as possible. This will most definitely help you stand out from the competition and your sales figures will reflect it. What other suggestions do you have for small businesses that are dealing with rising inflation? Please take a few moments to share your thoughts and experiences so others can benefit from your perspective! Interested in learning more about business? Then just visit Waters Business Consulting Group.

How to Transition from a Self-Employed Job to an Actual Business

September 24, 2020 No Comments

There’s a really big difference between owning your own job and owning a business. we’ve touched on this subject before, and how to tell one from another. But if you’re in this situation (read: predicament), You’re probably wondering how to transition or more particularly, transform, your self-employed job into a full-fledged business. it’s not necessarily a simple process, but it’s definitely not impossible, in the vast majority of cases. With the right advice, and a bit of vision and perseverance, you can make the transition from a self-employed gig to an actual business. The Difference between “Owning” Your Own Job and Owning a Business If you’re reading this article, chances are excellent that you are in a particular set of circumstances. That is, you don’t work for an established corporate entity, but do work for yourself. However, you’re a one person show. You do it all. Everything is up to you. Most Americans love the idea of starting their own business and being their own boss. Who wouldn’t? If you already have the skills to deliver the product or service to customers, why would you not set out on your own? The sad truth is that most business owners in today’s world do not actually own their own business — their business owns them. They never learn how to create business models capable of producing both time and financial freedom. —Forbes It’s you who is responsible for the productivity, the customer service, the back office stuff, marketing, and everything that goes into making it possible. But, you don’t have any employees, or contractors, or only occasionally rely on others to pick up when you simply can’t do it on your own. In other words, if you’re not working, you’re not earning. However, if you can leave the operation to others, and are not the soul producer, then you own a business. This represents the key distinctions between the two. How to Transition from a Self-Employed Job to an Actual Business Now, given those very stark differences, how exactly do you transform your self-employed job into a real business? Basically, you’ll have to change and break a number of routines and habits. Here’s some helpful steps you can take to make the transformation happen: Envision what you would like the business to eventually be. This is something that you’ll have to constantly revisit in order to make your dream come true. Even if you hire someone part-time, or get to a position where you have more than one full-time employee, you must always think about the next step up. Expand your team. Okay, This sounds blatantly obvious, but it’s something that too many people in this position get hung up on for way too long. They might occasionally rely on a freelance contractor, or even higher on one or more part-time or full-time employees. But, they’re always focused on productivity, rather than actually expanding the business with marketing, networking, and more. Instead, bring in one person to contribute to the work at hand. Then, bring on someone else to help with the administrative side. You can repeat this process a couple or few more times to really build up a fully legitimate business. How to Cash Flow Expansion. One of the greatest challenges for solo business operators, is to ensure they sufficient cash reserves and cash flow to capitalize their expansion. Consequently, they simply accept their current status and don’t take on the risk to expand. Frankly, your risk of starting your business was much greater than expanding! This will help; Forecast or Budget what you estimate you will need in terms of capital to cash flow the next 6 months of expansion (new hires, added marketing, etc.), until the sales increase sufficiently to offset your increased cost of hiring support. Then, the key is to offload your responsibilities that can be done by someone else, and only take on those responsibilities that brings in revenue and the highest value to your expanding business. What other suggestions do you have to truly transform a one-person gig into a legitimate business? Please take a moment to share your thoughts and experiences so others can benefit from your prospective! Interested in learning more about business? Then just visit Waters Business Consulting Group.