I hear often about new entrepreneurs seeking to expand their businesses. This week a friend told me about someone who is bootstrapping a traditional business in a crowded space.
She’s been in business for less than a year, is the company’s only employee, and works out of her home. Now she’s decided to hire quickly – in fact, she’s determined she wants to immediately hire three people full-time. Presumably she’ll instantly take her payroll commitment from providing for herself to somewhere in the ball park of $100,000 – $150,000/year.
