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Effectively Choosing Your Next Hire

πŸ“… May 22, 2025 ⏱️ 22:51 🎀 Bailey, Kyle Hunt

Chapters

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  • 0:46
    Welcome and Purpose
    The host welcomes listeners, emphasizing the podcast's goal of providing clarity, belief, and guidance for remodelers to continuously improve.
  • 6:41
    Create Your Current Org Chart
    Listeners are encouraged to visually map out their current business structure, including all roles and the individuals filling them, even if one person holds multiple positions.
  • 10:12
    Analyze Your Org Chart
    This section guides listeners to identify weak links, bottlenecks, and capacity issues within their current team by reviewing the created organizational chart.
  • 13:02
    Create Your Future Org Chart
    The host advises developing a future organizational chart (3-year outlook) to envision new roles and optimize existing team member responsibilities for better focus.
  • 15:35
    Common Next Hire Examples
    Several common and impactful roles are discussed, including office manager, designer, selections coordinator, bookkeeper, salesperson, estimator, and project manager, to inspire strategic thinking.
  • 29:00
    How to Pay for New Hire
    The episode concludes by emphasizing the critical importance of knowing your financial numbers (revenue, cost of goods, overhead, net profit) to confidently afford and strategically plan for a new hire.

Speakers

B
Bailey
Host β€” Remodelers on the Rise
K
Kyle Hunt
Host

Key Takeaways

✦

Visually map your current organizational chart to clearly see existing roles, responsibilities, and who fills them, even if one person wears many hats.

✦

Analyze your org chart to pinpoint bottlenecks, areas of overcapacity, and weak links to identify where a new hire would have the most impact.

✦

Develop a future organizational chart (3-year vision) to plan for new roles and restructure existing ones, allowing team members to specialize and perform better.

✦

Consider common high-impact hires like an office manager, designer, selections coordinator, or bookkeeper to offload '$10 an hour' tasks and free up valuable time for owners and key staff.

✦

Thoroughly understand your financial numbers (topline revenue, gross profit, overhead, net profit) before making a hiring decision to ensure affordability and strategic funding for the new position.

✦

Strategically plan how to fund a new hire, either by increasing markup to boost gross profit or increasing sales volume to generate more gross profit dollars.

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