OverviewWelcome back to Built for the Trades! Today, we’re diving into a question that every business owner faces—Should you invest more in training your current team or focus on hiring new talent? If you’ve ever felt stuck in the cycle of hiring, training, losing people, and starting over, you’re not alone. It’s a huge challenge in the trades today, and we’re going to break down the pros, cons, and real-world strategies that work. Stick around to get actionable insights! Discussions The Real Cost of Hiring vs. Training: Hiring a new employee can be costly, from job ads to onboarding—training might be a more sustainable option.Is Training Always the Better Option?: While training builds skills and loyalty, sometimes the right hire is just what your team needs.The ROI of Training: Loyalty, Retention, and Culture: Investing in your current team builds loyalty and retention, which ultimately boosts your business in the long run.  The best businesses don’t choose between hiring and training—they do both, but they do so with intention. Remember, if you’ve got the right people but they need skill development, train them. If you need immediate expertise, hire. It’s all about being proactive, not reactive. Don’t forget to like, subscribe, and share this episode with someone who could benefit. Thanks for tuning in to Built for the Trades!Free Coaching Call:Looking to dive deeper into your leadership journey? Schedule a free 30-minute coaching session with me at https://calendly.com/dan-bftt/30min?month=2024-12.👉 Subscribe for more leadership and business tips!https://bit.ly/3Zrbu4L

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