Q&A Friday - Hiring Employees, Setting Up Your Business, and Transitioning to a Paid Product

Setting up your own business can be tedious, especially when it’s time to hire your first employees.  When you start the hiring process, there are many factors to consider. What qualities should you look for in potential candidates? How do you determine base salary? How do you handle raises and promotions?

Today, we answer those questions, and more!

Today’s Questions

• What do we need to do on the tax and legal side to get our business set up? And when should we do this in our entrepreneurial journey?
• Will there ever be a mobile app version of ConvertKit?
• What are your thoughts on transitioning a free product (ebook/pdf/etc) to a paid one?
• Do you offer your employees a raise before they need to ask for it?
• Can you talk about the top qualities or experiences you look for in a prospective employee?
• You mentioned the Highlands Ability Battery before. I am currently doing it and I’d like to know if you’ve done it too?
• What book is on your nightstand?
• Have you ever had some big injustice happen in your business like betrayal/unfair lawsuits/dealings, etc.? How did you work through it?

Links

• Highlands Ability Battery
• Radford Data and Analytics
• Radical Candor: Fully Revised & Updated Edition: Be a Kick-Ass Boss Without Losing Your Humanity by Kim Scott

Creators of the Day

• Jenny Bailiff (Science Mom)
• The Shires

Resources of the Day

• Everything Is F*cked: A Book about Hope by Mark Manson
• Closer to the Ground: An outdoor family's year on the water, in the woods and at the table by Dylan Tomine
• Origin: A Novel by Dan Brown
  
  

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