Failure Friday: “A bad hire will set you back six months…”
In this week’s Failure Friday segment, we hear from the founder of a consulting training firm. As his business grew, he went against his intuition and hired an overseas virtual assistant. Unfortunately, this new employee created more problems than they solved.
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What It's About
Hiring the right person is invaluable—but a bad hire can be a costly mistake.
Notes from Chris
Episode 1721
I believe we can learn as much from failure as we can from success, if not more. It’s with this principle in mind that we’re starting Failure Friday, a collection of short stories all about mistakes, missteps, disasters, and of course, failure. Just like our Throwback Thursday segment, you’ll hear directly from side hustlers who have struggled to get something off the ground. They’ll tell you a short story of something that went very wrong. The stories will vary, but often it starts with an idea, what they thought would happen and what really happened—and of course, what they learned. Today’s short story features Davis Nguyen who owns a consulting training business called My Consulting Offer. We told the successful story of this project on Episode #1033. But as he was ramping up, he had some struggles. Let’s hear from them about one of those struggles… Listen to today's episode to learn more...MENTIONED IN THIS EPISODE:
- Learn more about Davis's service at his website, MyConsultingOffer.org.
- Medical Emergency Inspires $90,000/Month Consulting Business: An ambitious startup employee pays for his parents’ medical care through student consultations, then grows a side hustle into a real business.
- Workforce Expert Creates Empowerment Consultancy: After feeling mistreated at work, this workforce development expert regroups and plans her escape.
- Volunteer Turns Good Deeds Into Paid Consulting: When an Indian sales professional begins offering free advice on Quora, he discovers a valuable skill he can get paid for.
