Omar Zenhom, co-founder and CEO of Webinar Ninja, talks to us about bootstrapping his business, and how to effectively grow and scale your company by hiring team members.
welcome to the Fargo preneur podcast.
Sarah St John:I'm your host, Sarah St.
Sarah St John:John and my guest today is the co-founder and CEO of webinar ninja, and the
Sarah St John:host of the a hundred dollar MBA show.
Sarah St John:But today he is going to talk to us about how to make sure we are
Sarah St John:hiring the right team members.
Sarah St John:Welcome to the show, Omar.
Omar Zenhom:Hey, Sarah.
Omar Zenhom:Great to be here again.
Omar Zenhom:And awesome to talk to you.
Sarah St John:we were just talking a little bit before we got started
Sarah St John:here that you were one of the first, I think seven episodes of
Sarah St John:the frugal preneur, back in 2019.
Sarah St John:So warms
Omar Zenhom:my heart or was I hard cause to be one of the first
Sarah St John:well, awesome.
Sarah St John:Well, I know you want to talk a little bit about.
Sarah St John:the cost of a bad hire and how to hire the best talent and
Sarah St John:how to scale and all of that.
Sarah St John:First I'm kind of curious, I know, you know, you got your software
Sarah St John:program, webinar, ninja, and you have the podcast and all that.
Sarah St John:So what specifically, have you always kind of been in this area Of scaling
Sarah St John:and growing a team and stuff, or is this a new interest of yours?
Omar Zenhom:Well I just been asked about this a lot recently in the last
Omar Zenhom:couple of years because of the pandemic, because people are hiring remotely
Omar Zenhom:because people are trying to find new ways to manage people remotely.
Omar Zenhom:I learned a lot along the way over the years because our business is self-funded.
Omar Zenhom:And money needs to go a long way.
Omar Zenhom:Mistakes cost a lot.
Omar Zenhom:So you gotta make sure that you do the right thing.
Omar Zenhom:So I've made my share of mistakes and I just feel like it's just my
Omar Zenhom:duty to kind of share through my experiences, what works, what doesn't.
Omar Zenhom:A lot of people get nervous when it comes to making their first few hires and then.
Omar Zenhom:As your team grows it gets a little bit more high stakes, cause it's a lot easier
Omar Zenhom:for two or three people to get along.
Omar Zenhom:10 people, 20 people, you need to make sure there's a cultural established
Omar Zenhom:and the person you're hiring is actually a good cultural fit because
Omar Zenhom:in my experience most people don't work out, not because of their skills.
Omar Zenhom:It's just because of their attitude or they're just not a good fit
Omar Zenhom:for the team or fit for what your customers need, all that kind of stuff.
Omar Zenhom:So, yeah, it's just been something I've been learning along the way and been
Omar Zenhom:called upon just because of the climate.
Sarah St John:Yeah, that makes sense with COVID and the shutdown and just everyone,
Sarah St John:going online and working remotely.
Sarah St John:And so how does one know when it's time to hire someone?
Sarah St John:if there are solo preneurs, how do they decide when the right time is
Omar Zenhom:I think one of the hardest things as an entrepreneur is making that
Omar Zenhom:first hire that transition because in the beginning, you're just hustling.
Omar Zenhom:You're doing everything yourself, which is actually good.
Omar Zenhom:I actually encourage people to do everything themselves because they need
Omar Zenhom:to understand how every aspect of their business works because they're going
Omar Zenhom:to have to hire for it in the future.
Omar Zenhom:But that shift of making a hire your first hire is.
Omar Zenhom:That mental shift of, I shouldn't be doing everything right.
Omar Zenhom:An entrepreneur really has an idea and wants to see the
Omar Zenhom:idea, reach its potential.
Omar Zenhom:And if it's a big idea or it's an idea that gets bigger and bigger,
Omar Zenhom:you just can't do it alone.
Omar Zenhom:You're going to, in order for you to compete in order for you to do it
Omar Zenhom:at a higher scale or a higher level, you're going to need to get some help.
Omar Zenhom:And that's a mental shift that first has to come into play.
Omar Zenhom:And I feel like that the best way I was able to.
Omar Zenhom:Mentally is how much is my time worth is really asking yourself that question,
Omar Zenhom:how much is an hour worth for you?
Omar Zenhom:we all should have an hourly rate for our time, because you can use
Omar Zenhom:that rate in making decisions of, if you want to do this endeavor,
Omar Zenhom:do you want to do this partnership?
Omar Zenhom:Do you want to work on this project?
Omar Zenhom:Because there's going to be opportunities everywhere.
Omar Zenhom:And if we just say yes, CSS to everything, our calendar gets.
Omar Zenhom:I always say that it's easy to see.
Omar Zenhom:Yes.
Omar Zenhom:Because that's future Omar's problem.
Omar Zenhom:oh yeah, I'll do that.
Omar Zenhom:Right.
Omar Zenhom:But future Omar comes around and be like, Hey, why'd you burden me with this.
Omar Zenhom:All right.
Omar Zenhom:So the point I'm making here is that we all have to value
Omar Zenhom:our time and realize that.
Omar Zenhom:Most precious commodity.
Omar Zenhom:you can always make more money.
Omar Zenhom:You can make more connections.
Omar Zenhom:You just can't make with more time.
Omar Zenhom:you have a certain amount of time surmount hours in the day, certain amount of
Omar Zenhom:days in the year, amount of years in your life, that's it that's the bank.
Omar Zenhom:So in order for you to get more done and get more accomplished, you're
Omar Zenhom:going to need to hire somebody.
Omar Zenhom:You need to grow your team and your.
Omar Zenhom:Basically create a multiple of your time by making a hire.
Omar Zenhom:So that's really the first step I would say is making that mental
Omar Zenhom:shift and realizing, my time is the most valuable thing here.
Omar Zenhom:Yes.
Omar Zenhom:I can do everything myself, but should you do everything yourself?
Omar Zenhom:Is the question.
Omar Zenhom:That's the first step.
Omar Zenhom:I would say the second step I would say is getting over the hump
Omar Zenhom:of the understanding that yeah.
Omar Zenhom:If I hire somebody, this is very common, by the way.
Omar Zenhom:Yeah.
Omar Zenhom:If I hire somebody, they're just not going to do it the way I do it.
Omar Zenhom:Right.
Omar Zenhom:They're just not gonna, it's not going to be as good as
Omar Zenhom:the way I write my blog posts.
Omar Zenhom:So I was going to be as good as the way I find images on the internet
Omar Zenhom:and cultivate this great thumbnail.
Omar Zenhom:My answer to that is you're right.
Omar Zenhom:But there's a cost to everything you can't just continue to do everything yourself.
Omar Zenhom:So what if that person you hired does it at 80% of what you would do or 90.
Omar Zenhom:That's still good enough for you to pull off what you're trying to pull off.
Omar Zenhom:And that time you're buying is gold.
Omar Zenhom:remember time is priceless, right?
Omar Zenhom:It can't buy more time.
Omar Zenhom:So if I hire somebody and they do it at 90% of what I would do,
Omar Zenhom:and I just swallow my pride and realize, okay, no, one's like me.
Omar Zenhom:And by the way, overtime.
Omar Zenhom:I'm not that great.
Omar Zenhom:I think it's better, but really there's lots of people out there
Omar Zenhom:that could do better than me.
Omar Zenhom:And you learn that over time through a few hires, but those are
Omar Zenhom:the first two steps I would say.
Sarah St John:And how does one determine, don't you call
Sarah St John:it the effective, hourly rate?
Sarah St John:So EHR, I guess I mean obviously if you're charging per hour, say you're
Sarah St John:consulting or coaching any charge, let's say a hundred, 200 an hour, then you can
Sarah St John:kind of, that's easier to figure out, say it's not as cut and dry or obvious.
Sarah St John:Is that, how does one figure
Omar Zenhom:that out?
Omar Zenhom:Yeah.
Omar Zenhom:An easy way to do it.
Omar Zenhom:And I learned this from Nepal is that you look at your total revenue,
Omar Zenhom:how much money you made this month.
Omar Zenhom:say for example, you made $10,000 in the month, right?
Omar Zenhom:And you work 40 hours a week.
Omar Zenhom:That's four weeks in a month.
Omar Zenhom:That's 160 hours.
Omar Zenhom:So just divide that and then.
Omar Zenhom:The reason why you want to double it.
Omar Zenhom:So you want to, that's not how much you're worth, that's how much you're making.
Omar Zenhom:Right.
Omar Zenhom:And you have potential.
Omar Zenhom:The third reason is that you want it to hurt a little bit.
Omar Zenhom:You want it to feel a little bit crazy, for example, when I first
Omar Zenhom:started doing this, my allery rate was a thousand dollars and I
Omar Zenhom:was like, that sounds ridiculous.
Omar Zenhom:What, a thousand bucks, who charges a thousand dollars an hour, so when you get
Omar Zenhom:an opportunity and you say this is going to take me five hours, that's $5,000.
Omar Zenhom:That's worth $5,000.
Omar Zenhom:over time you should reevaluate your hourly rate.
Omar Zenhom:I know that somebody like Neval, his hourly rate is like
Omar Zenhom:a hundred thousand dollars.
Omar Zenhom:Like he puts it at that high because he knows that's the value of his time.
Omar Zenhom:it's not just working time.
Omar Zenhom:Remember time is fluid.
Omar Zenhom:It'd be time for you to relax time for you to read time for you to improve
Omar Zenhom:time for you to be with your family.
Omar Zenhom:That's all time, So how much is that worth to you?
Omar Zenhom:So it should be a stretch.
Omar Zenhom:That's why I say, take your, revenue divided by the number of hours
Omar Zenhom:a month and then, double it just so you can feel like, oh, I don't
Omar Zenhom:feel comfortable with that number.
Omar Zenhom:but that's the way you kind of really start to value your.
Sarah St John:That's interesting.
Sarah St John:Yeah.
Sarah St John:So everyone listening that you have a homework assignment now
Sarah St John:to figure out your hourly rate?
Sarah St John:I think I had heard that one time, but I couldn't remember exactly like, it
Sarah St John:was almost like a formula or something.
Sarah St John:I couldn't remember how that worked.
Sarah St John:Exactly.
Sarah St John:But, when you're.
Sarah St John:Starting out.
Sarah St John:And you hire someone, just say one person, like a virtual assistant, maybe.
Sarah St John:I know there's a bunch of freelance websites out there and whatnot.
Sarah St John:And I know if you hire someone in the Philippines, apparently you only have
Sarah St John:to pay them so much because their cost of living is a lot lower and all that.
Sarah St John:what are your thoughts on
Omar Zenhom:all of that?
Omar Zenhom:I think that's a sound idea.
Omar Zenhom:And I think there's a lot of great talent, not only in the Philippines, but other
Omar Zenhom:parts of the world even south America, if you're in, the U S and you want to a time
Omar Zenhom:zone, that's close by central America.
Omar Zenhom:Eastern Europe, there's a lot of great English speaking, highly qualified.
Omar Zenhom:Different areas, not just VAs, engineers, designers, writers.
Omar Zenhom:there's lots of options out there.
Omar Zenhom:A lot of people are actually quite surprised at how far their money can go.
Omar Zenhom:So my first suggestion, when it comes to that in order for me to express
Omar Zenhom:them, I'll tell the whole story.
Omar Zenhom:So when I started webinar ninja seven years ago one of the best pieces of advice
Omar Zenhom:I got was try to surround yourself with people that are a little bit ahead of
Omar Zenhom:you, where you want to be in five years.
Omar Zenhom:Because you'll learn what you need to do.
Omar Zenhom:So I started doing that.
Omar Zenhom:I started hanging out with other SAS companies.
Omar Zenhom:I looked up to, I got to know the founders of beer companies and I would
Omar Zenhom:go to the same conferences and just learn about what are they talking about?
Omar Zenhom:What are the challenges are having so that I can prepare my business for that.
Omar Zenhom:And one of the things I learned is that at the end of the day, the value of
Omar Zenhom:a business is all about the systems.
Omar Zenhom:Right.
Omar Zenhom:So when, say for example, I wanted to buy a company.
Omar Zenhom:The first thing I would do is like, I want to know, like, what are all your systems,
Omar Zenhom:how do you answer support tickets?
Omar Zenhom:How do you develop a piece of a feature or a product idea?
Omar Zenhom:what is a system you have when you have leave policy and
Omar Zenhom:somebody's going on vacation?
Omar Zenhom:How do you make sure not too many people are off.
Omar Zenhom:I want to know how this is run because if I'm going to buy it,
Omar Zenhom:I want to be able to take over.
Omar Zenhom:So what does, how does this relate to your first hire?
Omar Zenhom:Well, what I learned is that the first thing you want your
Omar Zenhom:first hire to do like a VA.
Omar Zenhom:To document all your systems, If you don't have a system, it's time to create
Omar Zenhom:a system, The reason why we do this, like, so for example, like when I, we hired
Omar Zenhom:our first virtual assistant or executive assistant we needed help with the podcast.
Omar Zenhom:So for example, we had a procedure.
Omar Zenhom:We have a spreadsheet where we have all the topics of the podcast and we
Omar Zenhom:have the sponsors in the spreadsheet.
Omar Zenhom:And then from there we need to record the episode.
Omar Zenhom:And from the episode we edit it and when it gets edited, it gets reviewed.
Omar Zenhom:Somebody listened back to it and then they'll show notes that get written
Omar Zenhom:and then it gets so WordPress blog posts and like there's all these steps.
Omar Zenhom:Right.
Omar Zenhom:We all know it.
Omar Zenhom:I know it because I did it all myself.
Omar Zenhom:Right.
Omar Zenhom:It doesn't really have any value in my head.
Omar Zenhom:But if I had it in a document, that's valuable, somebody would buy that.
Omar Zenhom:that procedure.
Omar Zenhom:So the first thing we do.
Omar Zenhom:This is, I would do a screen, a screencast of all the steps
Omar Zenhom:involved in publishing a blog post.
Omar Zenhom:I need you to create an SOP with a standard operating procedure
Omar Zenhom:and you to write a document.
Omar Zenhom:And basically we've created a bank of SOP for every little
Omar Zenhom:thing we do in our business.
Omar Zenhom:So anytime I give them a task, the first step is the create the SOP, not
Omar Zenhom:to do the task, create the SOP first and then follow the SOP to do the task.
Omar Zenhom:And that's a good way to test that.
Omar Zenhom:foolproof what happens here is that now you got all these great SLPs that
Omar Zenhom:they're creating, and then now you can hire people to do different tasks and
Omar Zenhom:be like, Hey, just follow this SOP.
Omar Zenhom:We have the instructions right here.
Omar Zenhom:And this is just fantastic because.
Omar Zenhom:There's no ambiguity on how you're supposed to do something, how you're
Omar Zenhom:supposed to do anything in a business.
Omar Zenhom:And then when you hire somebody, they can always go back to that reference.
Omar Zenhom:So really what that first hire does is that they're, documenting your IP.
Omar Zenhom:You're documenting what's in your head, all the procedures, all
Omar Zenhom:the things that you're doing.
Omar Zenhom:So that's an out of your head and it's in a word doc literally, or a Google
Omar Zenhom:doc, and it's easy for you to follow.
Omar Zenhom:And then.
Omar Zenhom:you don't have to do anything yourself anymore.
Omar Zenhom:You can literally just point to anybody who could read, can just
Omar Zenhom:follow instructions and do it.
Omar Zenhom:And I think that's a big hurdle are big burden off your shoulders.
Omar Zenhom:Once you figure that out.
Omar Zenhom:Oh man, the reason why I feel I have to do everything is because it's in my head.
Omar Zenhom:Well, what if it wasn't in your head?
Omar Zenhom:What if somebody could just do it and just follow instructions?
Omar Zenhom:Well, that should be the first task anybody you hire to do so
Omar Zenhom:that way it can be passed on to.
Sarah St John:I've been thinking about how I need it's one of many things
Sarah St John:on my list of things I need to do.
Sarah St John:but I imagine like having them create the SOP before they actually do the
Sarah St John:work is almost like a training process for them on, how to do the work
Omar Zenhom:to right.
Omar Zenhom:And in that process when they're creating these SLPs there's, I don't
Omar Zenhom:know if you've heard of the like pebble rock and stone kind of metaphor.
Omar Zenhom:So, sorry.
Omar Zenhom:Sand pebble rock.
Omar Zenhom:One of the things that a lot of people ask when they, were looking
Omar Zenhom:to hire their first hire, the first hires is what do I hire for first?
Omar Zenhom:what do I get off my plate first.
Omar Zenhom:there's a theory that a lot of people, what they do is they do do a lot
Omar Zenhom:of $10 tasks throughout their day.
Omar Zenhom:And $10 tasks are like the death of any business or business owner,
Omar Zenhom:because you can't do this forever.
Omar Zenhom:You're going to burn out these are.
Omar Zenhom:time-consuming tasks like replying to emails, like admin tasks,
Omar Zenhom:like filling out spreadsheets.
Omar Zenhom:Somebody asks you, Hey, can I have be on the podcast?
Omar Zenhom:And then you have to figure out, okay, I got to fill this form images.
Omar Zenhom:important, but it takes so little time.
Omar Zenhom:And at the end of the day, does that really bring in the dollars?
Omar Zenhom:Not really.
Omar Zenhom:It's a $10 task.
Omar Zenhom:But it takes so much time.
Omar Zenhom:So this is like what's considered sand, And then you have, A hundred dollar tasks
Omar Zenhom:They're a little bit more time consuming.
Omar Zenhom:They're a little bit more valuable, but then you have $10,000 tasks and these are
Omar Zenhom:the big rocks, This is like a sales call.
Omar Zenhom:We were closing a deal.
Omar Zenhom:So you can make $10,000 with a new client.
Omar Zenhom:This is like doing a webinar and being able to make revenue on
Omar Zenhom:your new, course you launched, That task has a lot of value.
Omar Zenhom:the goal for any entrepreneur is that they should only be doing $10,000 tasks.
Omar Zenhom:that's the only thing you should be doing.
Omar Zenhom:And what happens is that when you're doing everything, it all gets mixed up.
Omar Zenhom:So what happens is that we usually start our day doing a bunch of $10 tasks and we
Omar Zenhom:fill in a cup, just imagine a cup filling up with sand, And then we try to fill in
Omar Zenhom:some pebbles and then you're gonna put these big rocks in there and there's.
Omar Zenhom:So we basically shortchange ourselves from doing the things that are most
Omar Zenhom:valuable that can bring in all the money that we need for our business.
Omar Zenhom:The idea is that the first thing you should be doing is putting in the big
Omar Zenhom:rocks first, For the big rocks first.
Omar Zenhom:Okay.
Omar Zenhom:You get other people to help you with the pebbles and then the sand and
Omar Zenhom:the sand will go into the crevices.
Omar Zenhom:The point is, is that, we often put the big rocks aside because these little
Omar Zenhom:testing so urgent and we need to do them.
Omar Zenhom:And if I don't reply, then I will look rude and all this stuff you need somebody
Omar Zenhom:to do the little tasks for you to do the two, the $10 tasks for you, which
Omar Zenhom:are important in itself, but it doesn't require you what's your secret sauce?
Omar Zenhom:Like, for example, You need to do these interviews, Sarah, because
Omar Zenhom:you're the talent of the show, right?
Omar Zenhom:You're the one who can get the guests on and extract what you need to extract.
Omar Zenhom:So your listeners can learn.
Omar Zenhom:That's your secret sauce.
Omar Zenhom:You should be spending as much time as possible doing that.
Omar Zenhom:Everything else to make this happen really can be done by somebody else.
Omar Zenhom:that's what I've learned over the years.
Omar Zenhom:that's how you can differentiate.
Omar Zenhom:What's important.
Omar Zenhom:What's on.
Sarah St John:that's interesting about the $10 tasks versus $10,000 tasks.
Sarah St John:I hadn't heard it quite like that and like the whole pebbles
Sarah St John:and sand, but it makes sense.
Sarah St John:So is there ever a point where you should hire someone else
Sarah St John:though, to do a $10,000 task?
Sarah St John:or should you always be doing those types of things?
Sarah St John:At least
Omar Zenhom:that's a good question.
Omar Zenhom:And it, and the short answer is the $10,000 task hires are expensive.
Omar Zenhom:If you can afford.
Omar Zenhom:that's great, but somebody who is going to bring you in, let's say do a $10,000 task,
Omar Zenhom:you know, three or four times a month, they're gonna need to be compensated
Omar Zenhom:for that because that's their value.
Omar Zenhom:So if you can afford that in your business, that's great.
Omar Zenhom:But most businesses when, especially self-funded businesses They're looking
Omar Zenhom:to scale up slowly and try to make as much money as possible as it growing.
Omar Zenhom:And at the end of the day, you're going to do as many tasks as you can, but you want
Omar Zenhom:to free up your time as much as possible with the tasks that don't require high-end
Omar Zenhom:valuable talent, everybody's talented in their own way, but in terms of how much
Omar Zenhom:money they can bring into the company.
Omar Zenhom:So say for example and we've done this and we've, we've seen
Omar Zenhom:a lot of companies do this.
Omar Zenhom:Stanford, somebody hire somebody to run your webinars for you.
Omar Zenhom:cause that's going to bring in new sales, somebody's going to host your webinars
Omar Zenhom:and sell your products and services.
Omar Zenhom:And you could do it like a commission thing or a percentage.
Omar Zenhom:But the point here is, is that, you know, that this person's
Omar Zenhom:going to bring in X amount.
Omar Zenhom:That's a great hire, if they're going to be compensated for
Omar Zenhom:it and that compensation makes sense, you're going to get an ROI.
Omar Zenhom:So I definitely look at that as a big hire, but the more valuable
Omar Zenhom:the higher, the risky it is.
Omar Zenhom:let's say you hire To develop a mobile app for you.
Omar Zenhom:Okay.
Omar Zenhom:Maybe you're not a developer and you, you can do yourself to hire somebody.
Omar Zenhom:I'm not saying don't hire this person to do the mobile app
Omar Zenhom:because you need, the work.
Omar Zenhom:But I'm saying that the risk of that hire is far greater than hiring
Omar Zenhom:somebody to manage your inbox.
Omar Zenhom:Because what's the worst they can do send the email by mistake or not reply to
Omar Zenhom:somebody, whatever, like it can be solved.
Omar Zenhom:you can reply to the puzzle.
Omar Zenhom:Sorry.
Omar Zenhom:That was a mistake.
Omar Zenhom:My EA made a mistake that dah, dah, dah, and it's not a disaster.
Omar Zenhom:if somebody's spending.
Omar Zenhom:10, 20, $30,000 building a mobile app for you.
Omar Zenhom:And then it doesn't work, fill the bugs and your customer's
Omar Zenhom:upset and you can't make money.
Omar Zenhom:It's a huge risk, that hires totally different.
Omar Zenhom:And that's why I say you should ramp up to it because you're going to learn the
Omar Zenhom:skills to know how to make a good hire in those areas that you're not familiar with.
Omar Zenhom:Like engineering, for example, how do you hire a great engineer?
Omar Zenhom:If you're an engineer yourself through the process of making
Omar Zenhom:smaller hires, does that make sense?
Omar Zenhom:There?
Sarah St John:Yeah.
Sarah St John:So it kind of talked about scaling, I guess there, and, good hires, bad hires.
Sarah St John:Can you go a little bit more into that things to look out for?
Sarah St John:And, and of course the process of scaling as well though.
Sarah St John:That's probably two different
Omar Zenhom:questions, but I kind of see hiring in two buckets.
Omar Zenhom:there are hires that I can do myself without any help, because
Omar Zenhom:I am familiar with the skill.
Omar Zenhom:I know what it takes to be good at it.
Omar Zenhom:let's say for example, I was looking to hire a great web
Omar Zenhom:designer because I used to do that.
Omar Zenhom:So I know what I'm looking for.
Omar Zenhom:I know.
Omar Zenhom:what is good and what's not good, So that's one bucket.
Omar Zenhom:The other bucket is areas I don't know about.
Omar Zenhom:I'm not good at this, for example, I've never composed music, but
Omar Zenhom:I've needed somebody to create a great music piece for me, original.
Omar Zenhom:I really don't know until they actually do the work.
Omar Zenhom:It's hard for me to really know.
Omar Zenhom:Maybe, You're not a good software engineer and you're looking to hire somebody
Omar Zenhom:who's technical so they could do that.
Omar Zenhom:That's a separate bucket.
Omar Zenhom:And actually what I recommend.
Omar Zenhom:For that type of bucket is actually to get a consultant by hire
Omar Zenhom:somebody who's really expensive.
Omar Zenhom:Okay.
Omar Zenhom:But they're going to work for you very shortly.
Omar Zenhom:This is what we did that really worked.
Omar Zenhom:So basically they're like an advisor, right.
Omar Zenhom:And you'd get there's ton of them on Upwork and freelancer
Omar Zenhom:and things like that.
Omar Zenhom:Technical advisor or somebody like that.
Omar Zenhom:And they'll charge 120, 130, $150 an hour, they're going
Omar Zenhom:to spend three or four hours.
Omar Zenhom:You're going to spend 500 bucks, but they're going to save you
Omar Zenhom:so much money and time because they know how to find experts.
Omar Zenhom:Number one, they have a great network.
Omar Zenhom:these are people that have worked for all the big tech companies.
Omar Zenhom:And they're just looking for a little side gig, something interesting.
Omar Zenhom:They like helping the small entrepreneur or the.
Omar Zenhom:They're just looking for something to do on the side, on the weekend cause report.
Omar Zenhom:they're only really priced for that much because they need to express their value.
Omar Zenhom:So.
Omar Zenhom:For you, you're getting somebody who is going to be able to vet somebody great.
Omar Zenhom:And they have a great network, so they can, they might know somebody that
Omar Zenhom:can just, Hey, I know this new junior engineer in my company is looking
Omar Zenhom:for part-time work, blah, blah, blah.
Omar Zenhom:You'd be perfect for this project.
Omar Zenhom:They're going to save you a whole bunch of time.
Omar Zenhom:They're going to be able to jump in and go through CVS for you.
Omar Zenhom:They're gonna be able to do the interviews for you so they can evaluate
Omar Zenhom:the qualifications and their job is basically to be the technical.
Omar Zenhom:Evaluator of this higher.
Omar Zenhom:these types of people in every field writers and designers and finance
Omar Zenhom:people, you know, their CFOs and companies, and they they'd love to
Omar Zenhom:be an advisor just for on the side.
Omar Zenhom:And there's tons of them on these freelance sites.
Omar Zenhom:And what's great about this.
Omar Zenhom:They will take care of the technical stuff, but your job as a leader
Omar Zenhom:of the company, still to take care of the cultural fit, make sure
Omar Zenhom:that this person is a good fit for your company, a good fit for you.
Omar Zenhom:At the end of the day, your company culture is an
Omar Zenhom:extension of your personality.
Omar Zenhom:Really?
Omar Zenhom:The founders personnel.
Omar Zenhom:Do you want to hang out with this person day in and day?
Omar Zenhom:How would you want to have a drink with them, a coffee with them later on?
Omar Zenhom:if you're not working, you know, you're going to, you spend a lot of time with
Omar Zenhom:your team when you're working a lot of time in your life and your day,
Omar Zenhom:you know, you might as well enjoy it.
Omar Zenhom:So that's a good indicator.
Omar Zenhom:If this is somebody that will fit with the rest of you working with you and.
Sarah St John:So it's almost kind of like you're hiring someone
Sarah St John:temporarily to look for people to hire.
Omar Zenhom:Yeah.
Omar Zenhom:And it's a really inexpensive way to do it because recruiters will charge, 10,
Omar Zenhom:20% of the annual salary of that person.
Omar Zenhom:And, you know, it's really expensive.
Omar Zenhom:So you could just get an advice.
Omar Zenhom:That will jump in and do the things that you're uncomfortable doing, like,
Omar Zenhom:evaluating a candidates application coming up with a job description.
Omar Zenhom:you can just frankly say this, this person, this advisor,
Omar Zenhom:Hey, I'm trying to do X, Y, Z.
Omar Zenhom:I don't know how to word this.
Omar Zenhom:I don't know what kind of qualifications they need.
Omar Zenhom:I don't know what they need to do.
Omar Zenhom:They can and come up with a short job description so you
Omar Zenhom:can post it on the job board.
Omar Zenhom:They can tell you what job boards are good.
Omar Zenhom:you're going to spend, you know, 5, 6, 7 hours with this person, but they're
Omar Zenhom:going to get you a higher, that's going to save you so much more money and you're
Omar Zenhom:going to get great value, great talent.
Sarah St John:how does one know when it's time and this might not
Sarah St John:apply to all businesses to, instead of having freelancers work for you.
Sarah St John:Then switching over to, having full time, not just in the sense that they
Sarah St John:work 40 hours, but like, you know, they get the benefits and all of that.
Sarah St John:Like your standard, what, people are used to.
Sarah St John:Right.
Sarah St John:Even if it's a remote team though,
Omar Zenhom:A lot of it has to do with the finances of the business, how healthy
Omar Zenhom:you are in terms of what you can afford.
Omar Zenhom:never try to stretch yourself.
Omar Zenhom:if your business is where it's at, like, Hey, I can only hire
Omar Zenhom:freelancers or contractors.
Omar Zenhom:Cause I can't afford to give everybody healthcare or give everybody,
Omar Zenhom:you know any other perks that I want to give them That's okay.
Omar Zenhom:You don't have to be something you're not, I'm always about profit loss.
Omar Zenhom:I'm always about making sure you're profitable.
Omar Zenhom:Don't spend more, most businesses don't go out of business because
Omar Zenhom:they They don't make enough money.
Omar Zenhom:It's because they overspend most businesses fail because
Omar Zenhom:they spend too much money.
Omar Zenhom:that's something you should always keep an eye on so that I
Omar Zenhom:would preface that just do it.
Omar Zenhom:If you're comfortable.
Omar Zenhom:Second of all.
Omar Zenhom:Is, this is your business, right?
Omar Zenhom:You could do what you want.
Omar Zenhom:One of my favorite books is anything you want by Derek Sivers.
Omar Zenhom:And it was kind of an eye-opener for me, because it was like, Yeah,
Omar Zenhom:I can just create my own utopia.
Omar Zenhom:No one is telling you your business has to be in a certain way.
Omar Zenhom:If you want to create a hybrid approach where you give a great leave policy
Omar Zenhom:and you have other benefits other than, healthcare, or you give them
Omar Zenhom:a little bit more money, so they can sort out their own healthcare.
Omar Zenhom:That's up to you, your business, you do what you want, and you're not
Omar Zenhom:less of a business or, anything else.
Omar Zenhom:So that's the other thing I would convey, but one of the things
Omar Zenhom:that we do in our business, I can only share what has worked for us.
Omar Zenhom:At some point, I need to show the person who's on my team, a level of commitment.
Omar Zenhom:I need to say I'm committed to you.
Omar Zenhom:I'm investing in you.
Omar Zenhom:I need you to invest in me and my vision, Really a founder of a company is, just
Omar Zenhom:really a glorified coach of a team.
Omar Zenhom:And I learned this, just play basketball.
Omar Zenhom:When I was younger as a coach, you got to get these people.
Omar Zenhom:Sold on the vision that they can win.
Omar Zenhom:You got to get these people to work together somehow to listen to what
Omar Zenhom:you're saying, to like follow the instructions, to follow the game plan.
Omar Zenhom:as a business owner, that's really what you're doing.
Omar Zenhom:You're, getting a bunch of strangers together and you're
Omar Zenhom:saying, Hey, we need to get.
Omar Zenhom:Right.
Omar Zenhom:This is what we're trying to get to.
Omar Zenhom:This is how I think we can get there in a nice, efficient way.
Omar Zenhom:Are you with me?
Omar Zenhom:Are you willing to sacrifice and do the things I'm asking you to do so we can
Omar Zenhom:get there, I'm simplifying this, but this is really what's happening here.
Omar Zenhom:So in order for me, to ask of that.
Omar Zenhom:It's a pretty big ask.
Omar Zenhom:I need to say, Hey, I'm committed to you.
Omar Zenhom:I'm investing in you.
Omar Zenhom:This is what I want to say to you.
Omar Zenhom:So, and this could be a form of a contract, like an annual contract
Omar Zenhom:and saying, Hey, I want you to hang on for X amount of time.
Omar Zenhom:This is, could be an increment scheme where it's like, you
Omar Zenhom:get evaluated after a year.
Omar Zenhom:And then you get, you know, three to 5% increase in your salary.
Omar Zenhom:It gotta be something where you.
Omar Zenhom:I am investing in you please invest in us.
Omar Zenhom:And what we do is we actually start everybody as a quote unquote freelancer,
Omar Zenhom:where they're basically on probation for three months, because you really
Omar Zenhom:don't know if somebody is great at what they do until they actually do it.
Omar Zenhom:And they could be great at what they do, but they.
Omar Zenhom:Do so well in your environment, in your workspace and the way
Omar Zenhom:you work in the way in your level of, standards or whatever it is.
Omar Zenhom:So I always encourage people to have that probational period where they
Omar Zenhom:get evaluated for three months and then if they pass that, that's when
Omar Zenhom:you connect, send like a long-term contract and say, Hey, this is
Omar Zenhom:where where I want to commit to you.
Omar Zenhom:And then it goes both ways.
Omar Zenhom:So will you say, Hey, after three months, if you feel like
Omar Zenhom:this is not a good fit for you.
Omar Zenhom:We can part ways, no harm, no foul, all good, and it's a good way because
Omar Zenhom:you allow them to really feel what it's like to work for you and to, and
Omar Zenhom:to be managed in, your setting and your team and all that kind of stuff.
Omar Zenhom:So that's kind of the procedure I have found to work for us.
Omar Zenhom:But.
Omar Zenhom:I've learned throughout the years that there you Ghana some way
Omar Zenhom:commit to them somehow you gotta make sure they understand that,
Omar Zenhom:Hey I'm committing to your success.
Omar Zenhom:And a lot of that has to do with their work environment.
Omar Zenhom:if I look back in the days when I was in a job before entrepreneurial.
Omar Zenhom:The jobs I hated had nothing to do with my salary, had nothing to do.
Omar Zenhom:My benefits had nothing to do with how much leave I have.
Omar Zenhom:I didn't even know how much leave I had Had to do with, was
Omar Zenhom:I happy to go to work every day?
Omar Zenhom:Was I being challenged as I was growing?
Omar Zenhom:Did I respect my superiors?
Omar Zenhom:Like my managers did.
Omar Zenhom:I feel like I was a part of the success of that organization?
Omar Zenhom:Did I feel validated people actually recognize my.
Omar Zenhom:These are all things you could do for free, These are all things you
Omar Zenhom:could do for free as a business owner.
Omar Zenhom:And that's what people have to understand is that there's so
Omar Zenhom:much you can do on a budget.
Omar Zenhom:There's so much you can do to, just praise how often have you praised every
Omar Zenhom:teammate on your, team just for doing their job or doing it excellently.
Omar Zenhom:So these are just some of the things I've learned along the way that.
Sarah St John:That's very interesting to get your input on that and
Sarah St John:your experiences and whatnot.
Sarah St John:Now when it comes to hiring someone, what are some things we should
Sarah St John:look out for, to avoid a bad hire?
Sarah St John:And then if you do end up hiring a bad hire, what's the best approach
Sarah St John:to, either combat that and make them a good hire or, Give him the boot, I
Omar Zenhom:guess that's a, that's a good question.
Omar Zenhom:So it all starts in your first conversations with them.
Omar Zenhom:Anytime you're hiring for some, position, As the business owner, as a person
Omar Zenhom:who's making the hiring decision, you got to see this as almost like
Omar Zenhom:you're a detective solving a case.
Omar Zenhom:All right.
Omar Zenhom:I know this sounds a little bit weird, but.
Omar Zenhom:In order for a detective to make a decision, if this person is the
Omar Zenhom:killer or not, they need evidence.
Omar Zenhom:They need facts.
Omar Zenhom:they need alibis, they need information, So I always go into every
Omar Zenhom:interview or I tell them before the interview, I say, guys, whoever's
Omar Zenhom:going to be interviewed today.
Omar Zenhom:I maybe I send an email to all the candidates or whatever.
Omar Zenhom:this is a time for you to show me what.
Omar Zenhom:This is not the time to be humble.
Omar Zenhom:It's time to brag the seller to tell me all the things you did,
Omar Zenhom:that is going to prove that you're qualified for this job or that
Omar Zenhom:you'll do amazing job at our company.
Omar Zenhom:If you do not give me the information to make a decision, I cannot make a decision.
Omar Zenhom:I make it clear.
Omar Zenhom:This is how you win.
Omar Zenhom:Unfortunately, a lot of people show up to interviews and they just can't.
Omar Zenhom:I'm not sure what they're looking for.
Omar Zenhom:And I just flat out say, Hey, I'm looking for actual stories, actual events, actual
Omar Zenhom:tasks, projects that you worked on, that you have learned from that experience
Omar Zenhom:is going to be able to contribute to your time here at my company.
Omar Zenhom:How you think that you can influence and help the team in different ways.
Omar Zenhom:I asked for specifics, So if this is even before we even talked to each other
Omar Zenhom:on a call I don't want to be pulling teeth, If I have to keep on praying and
Omar Zenhom:praying, this is over you gotta want it.
Omar Zenhom:You gotta one of the job, right?
Omar Zenhom:So you have to present yourself, you have to present the information, the
Omar Zenhom:evidence in order for me to say, yeah, this person is a great candidate, so
Omar Zenhom:that it just prepares the candidate to be at their best To bring their best
Omar Zenhom:self, so to speak to the interview.
Omar Zenhom:in the interview, I'm always asking for examples.
Omar Zenhom:A lot of people, unfortunately just because it's just been their nature of
Omar Zenhom:the culture of hiring and interviews, they don't actually give examples.
Omar Zenhom:They actually say, in this case I would do this.
Omar Zenhom:No, I don't care about what I, I want to know what you.
Omar Zenhom:So, for example, like tell me how you would deal with a conflict with a, with
Omar Zenhom:a superior or colleague and maybe you could tell me a story from the past.
Omar Zenhom:Well, in a situation like this, I usually like to, I just stop them.
Omar Zenhom:It's it's I don't want to know what you usually do.
Omar Zenhom:I don't want to know the theory.
Omar Zenhom:I want you to tell me a story.
Omar Zenhom:When you had a conflict with somebody and tell me what happened, tell me
Omar Zenhom:you don't have to mention names, but you can say, you know what happened?
Omar Zenhom:and I find that I have to do this three or four times in interview.
Omar Zenhom:Like I said, thanks really appreciate what you're saying right now.
Omar Zenhom:But I need a real example.
Omar Zenhom:Right.
Omar Zenhom:Because a lot of people will hire people based on what they say.
Omar Zenhom:And now what actually happened.
Omar Zenhom:You need to know what happened again.
Omar Zenhom:You're kind of like a detective trying to get the evidence, right?
Omar Zenhom:when you have an interview, a candidate, it's just telling you all
Omar Zenhom:these great stories, all these great examples of when they failed, when
Omar Zenhom:they've learned, when they've improved something in their company, you now
Omar Zenhom:have credible evidence that they can carry that on into your business.
Omar Zenhom:So that's my advice is just like, that's the first step in the interview.
Omar Zenhom:Now, when they're in your company, some red flags are they are basically not.
Omar Zenhom:Jumping on the grenade is what we call it.
Omar Zenhom:Right?
Omar Zenhom:So jumping on that grenade, meaning like when something is wrong or something needs
Omar Zenhom:to be fixed or mistakes happen, they don't just, they're ready to jump on it and be
Omar Zenhom:like, Hey, let's fix this, let's do this.
Omar Zenhom:They take initiative.
Omar Zenhom:And, they're willing to roll up their sleeves and any situation,
Omar Zenhom:say for example, you hired somebody to be a producer on your show and a
Omar Zenhom:show didn't get published on time.
Omar Zenhom:they don't point fingers or like up, let me go in and check that out.
Omar Zenhom:I'm going to fix it right now, but okay.
Omar Zenhom:Then I do a post-mortem.
Omar Zenhom:Why did that happen?
Omar Zenhom:Oh, I think I didn't set the reminder on my calendar.
Omar Zenhom:This is why they take ownership.
Omar Zenhom:They take responsibility and they jump on the issue.
Omar Zenhom:A lot of people that talk a good game in an interview and don't perform
Omar Zenhom:the job are the ones that kind of.
Omar Zenhom:Lean back into the bushes, like Homer Simpson, right?
Omar Zenhom:Like they don't really, they don't exist anymore when the problem, when
Omar Zenhom:the quote-unquote poopoo hits the fan.
Omar Zenhom:Right.
Omar Zenhom:So the point here is, is that you need people that are
Omar Zenhom:willing to take responsibility.
Omar Zenhom:And one of the things that we've talk about a lot in our company is
Omar Zenhom:that responsibility is not fault.
Omar Zenhom:first of all, as a business owner, you are responsible for everything.
Omar Zenhom:Okay.
Omar Zenhom:It doesn't mean it's your fault, right?
Omar Zenhom:It could be somebody whose mistake, somebody did something else, but by
Omar Zenhom:saying you're responsible and every team member in your team says, I am responsible
Omar Zenhom:for what happens under my watch.
Omar Zenhom:It means.
Omar Zenhom:You're not going to wait for somebody else to do something.
Omar Zenhom:It's my responsibility.
Omar Zenhom:I gotta do something to fix it.
Omar Zenhom:you're going to take the initiative to do it.
Omar Zenhom:You're going to take an initiative to improve it, right.
Omar Zenhom:If it's my responsibility to have excellent customer support when
Omar Zenhom:I'm answering as customer, and the customer gives me a bad rating.
Omar Zenhom:And that's our responsibility.
Omar Zenhom:Okay.
Omar Zenhom:It's something happened here that they're not upset about how can I
Omar Zenhom:follow up with them and make sure that they're a little bit happier.
Omar Zenhom:So that's a great thing that you can encourage in your team
Omar Zenhom:is just take responsibility.
Omar Zenhom:Don't worry about whose fault it is, because when you take responsibility,
Omar Zenhom:things just improve and you start to grow.
Sarah St John:Yeah, that's awesome.
Sarah St John:That gives me some clarity on, when that day comes, what to look
Sarah St John:for, what to make sure the good.
Sarah St John:The positive things and negative things.
Sarah St John:Also I feel like I've learned a lot so far, as far as making, a
Sarah St John:first hire and then scaling and growing from there and, the process
Sarah St John:and what to look for and whatnot.
Sarah St John:Was there anything else that you wanted to go over that we had.
Omar Zenhom:I would encourage anybody who's listening who is
Omar Zenhom:maybe a solopreneur and they're like, I want to make a first hire.
Omar Zenhom:I'm not sure if I can afford it.
Omar Zenhom:I don't know what's going on.
Omar Zenhom:Right.
Omar Zenhom:My advice would be like, It's actually not as expensive as you think it is.
Omar Zenhom:And you should just see this as a professional development exercise,
Omar Zenhom:you would buy an online course for $2,000 to learn something.
Omar Zenhom:See this as a $2,000 investment in you're growing your business, Or.
Omar Zenhom:You don't have to hire some full-time.
Omar Zenhom:You can hire somebody part-time you can hire a virtual assistant out of
Omar Zenhom:the Philippines on online jobs pH for two, $300 a month for 20 hours a week.
Omar Zenhom:and they can take off so many, $10 tasks off your, plate.
Omar Zenhom:They can create your SOP is they can, at the very least, do all
Omar Zenhom:these menial tasks that you don't want to do in your personal life.
Omar Zenhom:If you want to like, order gifts for somebody or, book a flight or whatever
Omar Zenhom:it is, but the point here is that.
Omar Zenhom:It's actually not that expensive.
Omar Zenhom:And if you say to yourself, well, I'll do what I can afford it.
Omar Zenhom:Well, say that now, how much money are you making now?
Omar Zenhom:Let's say, for example, your business is making $5,000 a month
Omar Zenhom:and you're like, okay, that's how much I'm making every month.
Omar Zenhom:As soon as you make 5,200.
Omar Zenhom:You should make that higher right now you can afford it.
Omar Zenhom:Right?
Omar Zenhom:So stick to your word and see us in the next exercise of learning.
Omar Zenhom:How to be a good manager at learning how to be a good leader.
Omar Zenhom:you can be good with money.
Omar Zenhom:If you don't have money, you can be a good leader.
Omar Zenhom:If you don't have.
Omar Zenhom:you just won't learn how to do it if you don't have the
Omar Zenhom:prerequisite of people delete.
Omar Zenhom:So that's what I learned over the years and it's okay if
Omar Zenhom:they don't work out, it's okay.
Omar Zenhom:If you learn a hard lesson, this is why we have these procedures in
Omar Zenhom:these safety nets and the probational periods, all that kind of stuff.
Omar Zenhom:And at the end of the day, that's why I say start with SOP is because if they
Omar Zenhom:leave, and they didn't work out, at least you have something that's left behind,
Omar Zenhom:that's worth of value that you can, build.
Sarah St John:I love that comparison of, if you're going to spend $2,000
Sarah St John:or even 500 on a course, which people do a lot, why not spend that on a
Sarah St John:virtual assistant at least to start And how you can view it as a learning
Sarah St John:experience or an experiment, even if it doesn't work out, like you said.
Sarah St John:that's awesome.
Sarah St John:Well, I really appreciate your time today and all your insight.
Sarah St John:I'll have show notes at the Sarah St.
Sarah St John:john.com forward slash Omar, but then people can find you directly.
Sarah St John:Omar Zen home.com that Z E N H O M also webinarninja.com.
Sarah St John:That's your software for webinars.
Sarah St John:And if anyone's interested, you can go back it's somewhere within the
Sarah St John:first seven episodes of the podcast.
Sarah St John:And listen to that one about webinar ninja, and then your
Sarah St John:podcast is at a hundred.
Sarah St John:M B a.net.
Sarah St John:thank you so much for your time.
Sarah St John:I really appreciate
Omar Zenhom:it.
Omar Zenhom:Thanks.