These days I'm finding myself too busy to even chase new leads. As my reputation seems to be growing, I've had a number of potential clients actively approach me looking for work to be done, but I just don't have the time. However, cash-flow can be inconsistent. Are there any good guidelines that more experienced entrepreneurs have come up with about when is appropriate to make the leap and try to find a business partner to disperse the work? And even beyond that, how to find someone who's willing to work on an uneasy basis? I need, in essence, a hybrid between a freelance contractor and a part-time employee.
When I bootstrapped my business a mentor gave me the advice that at times you will starve yourself to feed your business. He was right.
In order to give the business a chance to get legs, I had to sacrifice my income to get the right resources in place at the right times.
Hire the part-time employee. Give them steady pay and take the hit to your income.
Outsource- Pivot Worldwide provides short term placement and internship candidats of US educated international students at no charge to the employer. Great for start ups- although you must have a registered business. www.pivotworldwide.com