I have been a Certified Public
Accountant working with small business owners for over 20 years. Over the years, the most common complaint
I’ve heard is that it is just impossible
to find good help. Indeed, as a
small business owner myself, I’ve said the same thing.
Michael Gerber, in his book The E-Myth Revisited, outlines some of
the reasons most small business owners start their businesses. There is the entrepreneur who truly believes
they’ve got a unique offering and can fill a niche in the market that no one
else can. Or they feel they can make
more money, have more independence, and do things the “right way” by going into
business for themselves. Sometimes, they
start a business to build something.
They intend to have a family legacy, or an asset to sell upon
retirement. They never start their
business with the goal of becoming an employer!
And yet, no other skill will serve them better in building a business
that remains competitive in the market, delivers a consistent product, and is
an independent asset useful for selling or passing on to heirs.
The E-Myth Revisited tells the story of a pie maker who goes
through the usual nightmare of hiring help.
Either the employee fails to deliver the services or product exactly
like the owner wishes, or the opposite is true: the employee becomes
invaluable, then quits. And that is
exactly what I see everyday in my practice.
For every small business owner I serve, I feel like I’m waiting for that
shoe to drop. The business owner either
has an overpaid employee that is under-functioning, or has an employee that
they are over-reliant upon who may quit.
Either way, the owner is faced with the constant stress of knowing that
on any day, at any time, his (already too heavy) work load may double as a
result of employee transition.
When that shoe finally does drop
the owner often gives up and goes back to doing it all himself. They try to make do without replacing the
worker, intentionally limiting growth and expansion. They’re putting themselves at risk since
their business depends exclusively on them.
If they’re suddenly unable to work, the business will fail. At the minimum, they are working too hard for
not enough money, thus running a higher risk of burnout. Sometimes they restructure the job to be less
challenging and lower paid. They think
this means they’ll have an easier time trying to fill the position and they’ll
be less hurt when the employee leaves.
Or they devise “incentives” to boost productivity or loyalty. Most often these are just several complicated
hoops for the employee to jump in order to get paid decently. These “incentives” rarely inspire
productivity or loyalty though.
Since the most common question I
get from my clients is “How do I find someone to work for me?” I’ve spent some
time and money on researching the response.
This book is offered as a step-by-step solution to equip small business
owners to be successful employers. The
book is organized by first addressing some popular myths about human resources,
and then provides specific steps to find the right person for the job. The steps work regardless of the size of the
business, whether one employee or a hundred.
It is written in a language that small business owners will
understand. The book is designed to help
the business become a place that runs like clockwork, where employees are
competent, loyal, and happy in the workplace.
Following these guidelines will help the owner maximize the business’s
largest monetary investment, the team.