Journey To $100 Million

Hardest Decision In Business: Hiring The First Employee

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Synopsis

Erik recalls the hardest decision he’s ever had to make in business, to date. That decision was hiring his first employee. Like most new entrepreneurs he found himself in a position where he was overwhelmed with work but he wasn't overwhelmed with cash. He knew and understood that hiring another person would mean that person would have to come before himself. He explained to his wife that he was getting ready to hire someone and that meant he would have to pay this person every two weeks and that meant he may or may not be able to pay himself. Luckily that didn't happen. He hired his first employee after he signed a contract for a big software development project. He was still in the middle of his first big project and knew he wouldn't be able to deliver the second project in a timely manner without help. So, he hired someone to help him finish that first project and together they tackled the second. And, it worked out perfectly. Hiring his first employee freed him up to look for more opportunities. He