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The Entrepreneur’s Dilemma

When entrepreneurs start a business, it’s typically borne from a hobby or activity they’re able to monetize. As the business grows, business owners find themselves focusing more on the support activities rather than the work of making money. When this happens, business owners look to the following places for help:

1. Family. Spouses, children, and relatives are onboarded to help shoulder business responsibilities. This leads to relationship problems, strife, and underperformance since you’re placing people who are not necessarily equipped to handle aspects of the business.

2. Independent Contractors. These can be freelancers who have full time jobs and take on added responsibility after work. The risk to hiring freelancers is your lack of control, and accountability. They also have limited infrastructure to shoulder larger responsibilities that would normally need a full department and added resources. Business growth is ultimately constricted.

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