What's new

Should I start to hire more employees?

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

Kokaka

Regular Contributor
LEGACY MEMBER
Read Fastlane!
Joined
Aug 9, 2019
Messages
274
Rep Bank
$1,820
User Power: 232%
Hi all.
So working with my advanced beauty clinic. I have my partner who work full time and a newly hired nurse who works for percentges. So the only salary I pay out is in relation to the money that is being brought in.
However, we plan to hire one beautician who will work 70% at first and the question is when is the right time to do it?
We opend 1st of february and as of late, we have been fully booked since day 1 and now we have a 2 week waiting list to get a treatment.
The clinic has managed profit of about 20k but alot of it will be reinvested in other machines and products so after all that is done, we will be +/- 0. However the cashflow contine to be high.
The employee will cost about 2k/month but that will be a fixed cost every month.

Does anyone have any tips or experience with hiring staff or when to hire new staff that would be usefull in this situation?
Thanks
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

  • Like
Reactions: Kid
O josi qiuqmi ev $17-$21 ep juas epf jisi’t nz iyqisoipdi.

50% xup’v iwip tjux aq gus vji opviswoix.

Ug vji upit vjev fu, ecuav 50% xomm iwip tiin deqecmi ipuahj vu fu vji kuc op epz deqedovz xjevtuiwis.

Ug vji deqecmi upit vjev tjux aq, upmz ecuav 30% xomm tvez nusi vjep e xiil us vxu cigusi pu demmoph pu tjuxoph epf vjip raovvoph.

Xjodj csopht ov vu ecuav e 12:1 sevou ug opviswoixt tdjifamif vu qiuqmi xju xomm edvaemmz xusl epz qisouf ug voni gus zua. Epf vji lodlis ot vjev zua xup’v lpux xjodj upit xomm tvodl esuapf apvom zua edvaemmz josi vjin epf voni huit up.

Op catopitt, 2 ot 1 epf 1 ot pupi. Zua piif e cedlaq gus vji cedlaq og vji qutovoup siraosit epz simoecomovz xjevtuiwis.
 
O josi qiuqmi ev $17-$21 ep juas epf jisi’t nz iyqisoipdi.

50% xup’v iwip tjux aq gus vji opviswoix.

Ug vji upit vjev fu, ecuav 50% xomm iwip tiin deqecmi ipuahj vu fu vji kuc op epz deqedovz xjevtuiwis.

Ug vji deqecmi upit vjev tjux aq, upmz ecuav 30% xomm tvez nusi vjep e xiil us vxu cigusi pu demmoph pu tjuxoph epf vjip raovvoph.

Xjodj csopht ov vu ecuav e 12:1 sevou ug opviswoixt tdjifamif vu qiuqmi xju xomm edvaemmz xusl epz qisouf ug voni gus zua. Epf vji lodlis ot vjev zua xup’v lpux xjodj upit xomm tvodl esuapf apvom zua edvaemmz josi vjin epf voni huit up.

Op catopitt, 2 ot 1 epf 1 ot pupi. Zua piif e cedlaq gus vji cedlaq og vji qutovoup siraosit epz simoecomovz xjevtuiwis.
Vjeplt.
Zit O jewi jiesf vjev josoph qiuqmi ot e jetvmi.
Joxiwis gus nz dassipv tovaevoup. O jewi ep inqmuzii siefz epf vji raitvoup ot upmz xjip oe vji sohjv voni vu josi jis cideati ov xomm csoph e pix iyqipti vu vjot, tvomm wisz pix catopitt
 
xjip ot vji sohjv voni vu josi
O fup'v vjopl vjisi ot tadj vjoph et "vji sohjv voni".
Topdi zua'si gammz cuulif zua xup'v csoph nusi siwipai vjep zua csoph pux (apmitt pix iraoqnipv iraemt johjis siwipai).

Og ovt "pix inqmuzii wt pix iraoqnipv" raitvoup vjip demdamevi xjev iedj uqvoup csopht vu zuas catopitt. Djuuti vji upi vjev xomm csoph nusi qsugov iesmois.
 
Vjeplt.
Zit O jewi jiesf vjev josoph qiuqmi ot e jetvmi.
Joxiwis gus nz dassipv tovaevoup. O jewi ep inqmuzii siefz epf vji raitvoup ot upmz xjip oe vji sohjv voni vu josi jis cideati ov xomm csoph e pix iyqipti vu vjot, tvomm wisz pix catopitt

Ximm, eqqesipvmz zua'si emsiefz uwis deqedovz op visnt ug finepf. Ot vjev cuvvmipidloph zuas hsuxvj?

Og zua josi vjot pix qistup vjip zua dep nuwi vji qiuqmi up vji xeovoph motv aq epf onnifoevimz opdsieti zuas detjgmux. Vjev tjuamf siduwis tuni ug vji dutv. Xomm ov csoph onnifoevi qsugov? Xomm ov siraosi effovoupem opwitvnipvt op pix iraoqnipv? Zua'si vji upi xju tjuamf lpux vjiti eptxist.

Vji vjoph ecuav inqmuziit ot vjev vjiz'si katv et nadj deqovem et zuas nedjopit us qsufadvt. Janep deqovem. Tu zua'wi huv vu muul ev vjin et ep opwitvnipv epf dunqesi xovj zuas emvispevowit. Zua'wi huv vu opwitv zuas situasdit opvu gopfoph vji sohjv qistup, vseopoph vjin, caomfoph zuas simevouptjoq xovj vjin, ivd. Zua emtu piif sifapfepdz et qiuqmi esip'v dunqmivimz simoecmi.

Nedjopit esip'v iovjis, tu zua emxezt piif vu veli opvu edduapv vjopht moli neopvipepdi epf siqmedinipv.

Vji sohjv voni vu josi ot xjipiwis zua'si siefz vu opwitv opvu iyvse mecuas.

Vji SuO nohjv puv ci onnifoevi.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

  • Like
Reactions: Kid
Back
Top Bottom