How to Turn Your Side-Hustle into a Full-Time Gig

The COVID-19 pandemic and subsequent shutdowns affected different businesses in different ways. Some industries, like financial services, online retail, and even real estate, experienced growth. However, other industries suffered big losses, particularly hospitality, restaurants, and brick and mortar retailers; even some office environments experienced significant setbacks. Now, with plans to reopen and resume business as normal underway, some companies are faced with a labor shortage. Obviously, it’s difficult to service customers without the proper employee support. So, let’s look at some ways to shore up your business staff in short order. Employees are the Single-Most Valuable Business Asset Regardless of what industry your company serves, you’ve probably learned over the years — or have least heard — that employees are true assets to any business. Companies who do not treat their employees as assets suffer from high rates of turnover, low quality work, and often poor morale. Before you start evaluating candidates, ask yourself what traits you want to have in those employees to ensure you’re aligning your new hires with your business objectives. Some common traits that I’ve seen among hiring for eCommerce and physical retailers include flexibility, high energy, and fast learner —Business 2 Community Conversely, businesses that treat their employees as valued assets enjoy quality production, higher rates of production, a strong camaraderie and positive morale, and very low turnover. The reason isn’t a mystery — treat employees well and they will in turn do their best. Of course, that begs the question of how to bring on several people in a short amount of time that will make a good fit? How to Find Quality Employees on Short Notice In order to staff a business quickly, you need to first determine which roles to prioritize. And, know exactly what type of personalities best fit said roles. Here are three attitudes you must embrace to find the right staff in a pinch: Be patient. You probably already have existing employees taking on expansive responsibilities out of necessity. You should continue that practice but with a goal to reach. It’s better to rely on known qualities and compensate them well than to rush through the hiring process simply to fill positions. Start with previous employees to fill empty roles and give them more responsibilities for the short-term. Be flexible. Of course, you should streamline your hiring and training processes. But along with these changes, it’s also smart to think strategically. In other words, if a new hire isn’t working out in a particular role, move him or her into a different position instead of letting them go and having to go through the process all over again. Be confident. Sure, this might be a time of uncertainty. It’s unnerving, upsetting, and can be difficult to cope with. But, if you remain calm and show confidence, that will permeate through the company and help your employees greatly. What other attributes would you suggest business owners take on in order to get through a period of short staff? Please take a moment to share your thoughts and experiences by commenting so others can benefit from your unique perspective. Interested in learning more about business? Then just visit Waters Business Consulting Group.

Efficiency is the lifeblood of small businesses. In a competitive landscape, optimizing operations and resources can mean the difference between thriving and merely surviving. Fortunately, there are proven strategies that small businesses can implement to enhance efficiency. Effective Strategies Small Businesses Can Use to Improve Efficiency As a small business owner, you know that efficiency is key to success. With limited time and resources, you need to be able to get as much done as possible as quickly as possible. That’s where efficiency comes in. By implementing a few simple strategies, you can boost your small business’s efficiency and productivity, freeing up your time and resources to focus on the things that matter most. So, here are seven proven ways to increase efficiency in your small business that you can use: 1. Automate Repetitive Tasks One of the best ways to improve efficiency is to automate repetitive tasks. This could involve using software to automate tasks such as email marketing, social media management, or customer support. You can also use tools to automate simple tasks such as data entry or scheduling. By automating repetitive tasks, you can free up your time and energy to focus on more strategic and important work. 2. Delegate Tasks to Your Team If you have a team, don’t be afraid to delegate tasks. This is a great way to free up your time and expertise so that you can focus on the most important aspects of your business. But, remember, when delegating tasks, it’s important to be clear about your expectations and to provide your team with the resources they need to be successful. You should also check in regularly to monitor their progress and provide feedback. 3. Set Clear Priorities It’s important to set clear priorities for yourself and your team. This will help you to focus your time and energy on the most important tasks. When setting priorities, it’s important to consider the following factors: Importance: How important is the task to your overall goals? Urgency: How soon does the task need to be completed? Effort: How much time and effort will the task require? So, be sure to gauge its importance, prioritize its urgency, and estimate how much time and effort it will realistically take. This way, you’ll have a much better chance at success in such endeavors. 4. Streamline Your Processes Take some time to review your business processes and see where you can make improvements. Are there any unnecessary steps that can be eliminated? Are there any tasks that can be combined? By streamlining your processes, you can reduce wasted time and resources. 5. Invest in the Right Tools and Technology Investing in the right tools and technology can help you to improve efficiency in all aspects of your business. This could include using software to manage your finances, customer relationships, or inventory. You could also invest in hardware such as new computers or scanners. Of course, when choosing tools and technology, it’s important to consider your specific needs and budget. 6. Take Breaks It may seem counterintuitive, but taking breaks can actually help you to be more efficient. When you’re constantly working, you’re more likely to make mistakes and get burned out. Taking regular breaks will help you to stay focused and productive. Get up and move around, take a few deep breaths, or step outside for some fresh air. 7. Create a Positive Work Environment A positive work environment can have a big impact on efficiency and productivity. When employees feel happy and valued, they’re more likely to be engaged and motivated. There are a number of things you can do to create a positive work environment, such as: Provide clear and regular constructive feedback. Offer opportunities for professional development. Recognize and reward employees for their accomplishments. Create a culture of collaboration and teamwork. By implementing these seven strategies, you can boost your small business’s efficiency and productivity, freeing up your time and resources to focus on the things that matter most. Efficiency is the backbone of small business success. By implementing these seven proven strategies small businesses can optimize their operations, reduce costs, and improve overall productivity. Right now, you can get John Waters’ latest book for FREE! (Currently selling for $19.95 on Amazon). This inspiring book titled “Profit by Design: The Blueprint to Successfully Scale Your Business and Regain Your Freedom” is a must-read for business owners who want to do just that! Request your FREE copy in any of the following ways: Visit Waters Business Consulting Group By phone 602-435-5474 or By email: Steve@WatersBusinessConsulting.com