Your first hire should be an assistant

Описание: My step by step hiring process 👇

1. “I can’t afford it”

Entrepreneurs get confused about how much their time is worth.

Here’s the formula to make it easy:

Your time is worth how much your business pays you divided by 2000 hours.

Then you need to calculate your buy back rate:

No one should be doing work they can’t outsource for 1/4 of what they’re taking home.

Let’s say your business pays you $100,000/year, that’s $50/hour (Assuming you work 40 hours per week).

Your buy back rate in this case would be: $12.50.

Everyone has a buy back rate, even if you make $50,000/year, that’s $6.25/hour.

You could hire TWO full-time VAs overseas to support your business with that amount of money.

Get creative.

But what should you make them do?

That’s where ATF comes in:

2. Audit, Transfer, Fill

Audit: First your look at all the time you spend in a day (Look at every 15 minutes, I’m serious)

And score those activities according to:

1. How much money they make you. ($ vs $$$)

2. How much it lights you up. (Green, Yellow, Red)

For me:

Financials and projections are boring - RED

Creating content is exciting - GREEN

Does this task make me money? How much would it cost to offload to someone else?

Responding to emails - $

Sales calls - $$$

But how do you get the right person?

Move to the last step:

3. The Test First Hiring Method

Here’s my rule:

I don’t work with you until I work with you.

Let’s pretend you hire an EA (Executive Assistant) to manage your emails and calendar (my recommendation)

Create a “test project”.

Simulate the work they would do in your business.

Pay them for their time (A bad hire is a lot more expensive)

And see how they perform.

9/10 times you can filter the bad apples before they even get on your team.

💬 Message me on Instagram with the word “EA”

And I’ll send you my FULL Executive Assistant Playbook sanitized that includes my Test Project Template;)

@danmartell