111. Is Hiring Even Worth It? Let’s Talk ROI and KPIs with Hallie Sherman [Hiring Series]

03/09/2024 39 min
111. Is Hiring Even Worth It? Let’s Talk ROI and KPIs with Hallie Sherman [Hiring Series]

Listen "111. Is Hiring Even Worth It? Let’s Talk ROI and KPIs with Hallie Sherman [Hiring Series]"

Episode Synopsis

Send us a text! (Your number stays private)Ever worry if the time and money that you put into hiring will really pay off? In today's episode, we are diving deep into the world of hiring and team management for business growth. I am joined by seasoned entrepreneur Hallie Sherman to unpack the critical importance of setting Key Performance Indicators (KPIs) for all team members, no matter their roles. Hallie shares her journey from recognizing the need to hire help while managing a full-time job to executing strategic hires—starting with an editor, then a product photographer, and eventually a ghostwriter. Together, we explore the complexities of the hiring process, from determining tasks worth delegating based on effective hourly rates to ensuring hired help aligns with your long-term business vision. Whether you're wrestling with the decision to expand your team or looking to enhance your current hiring strategy, this episode is packed with actionable insights. Expect tips on managing contractors, establishing clear boundaries and deadlines, and maintaining high standards of customer satisfaction. 02:19 - Hallie’s first few roles that she hired for06:57 - How to know which roles to fill when it comes to tying it to the ROI09:06 - How to manage the people that we hire and how to know if they are doing a good job or not16:57 - Setting boundaries and clear expectations22:18 - Tools to help track performance and productivity24:56 - The importance of every single person on the team having SOPs26:59 - What to do in situations where a team member is not meeting their KPIsLinks & Resources:Visit Hallie's WebsiteConnect with Hallie on InstagramFollow me on Instagram @kristendoyle.coJoin my private Facebook community: Savvy Teacher SellersMore resources for growing your businessRate & review The Savvy Seller on Apple PodcastsShow Notes: https://kristendoyle.co/episode111Feeling overwhelmed by all the things you think you need to do to grow your digital product business? Take the Savvy Seller Quiz and find out exactly what to focus on right now to actually move your business forward.  ➡️ Take the quiz at savvyquiz.com Check out my Everything Page at https://kristendoyle.co/everything