Today I got to re-witness a story I saw play out many times in my father’s life and business. It’s a hard won lesson that some of you are going to take hard and be resistant to. In spite of this I promise you it’s the right advice…especially for those who resist it. Hopefully you’re not someone who has fallen into that trap and for you this advice will be self-evident.
I’ve had the good fortune over the last little while to know someone who has been struggling to find work. My naturally tendency is to be soft hearted, generous, kind, etc. All good qualities and in this case qualities I have to resist. See my desire is to hire them for something, to come become a chef for me for my home meals (something I don’t need right now) or an internet marketing assistant (something they have zero qualifications for and would require massive training which their not motivated to undertake) or who knows what else. The problem is this would do two things:
It would be charity on my part effectively representing not a fair exchange and definitely not beneficial to me in fact likely costing me far more than the money
Not serve that person even though they think it would and would like me to do it it would be a short term service at long term expense
Some problems simply aren’t solved short term and some problems are solved in the macro not the one off cases and this is painful for people who want to fixate on the small scale. Not helping someone by paying for their trip to Mexico to a family member’s wedding, it’s hard they have to stay back (don’t get me wrong, you can do these things but they are pure charity and they aren’t addressing a root cause so the problem creating the situation will perpetuate, the best charity creates productivity but that’s for another discussion). There are lots of examples.
Growing up I saw my father do this again and again in his small business, take pity on someone, see how he could help them and give them a job for which they were ill suited and resulted in a loss for him. On the surface this seems kind hearted, it is in a sense, but it’s a bad move for everyone for a number of reasons:
It’s just plain a stupid financial decision, there’s a stage and time for philanthropy and a way to do it well and this is not it
It denies someone more skilled, motivated, and capable from having the same job
It hurts your company reputation and brings the whole organization down
It doesn’t build up the person you’re hiring so it perpetuates behavior that needs to change
It leaves you with less to give in areas that you can have a higher impact
Among other faults it’s much like the give a man a fish vs teach a man to fish analogy.
I’ve made this mistake on a few occasions both lending money and hiring people sometimes literally to the point where I took money I legitimately needed (possibly as much or more so than them) and gave it away never to be returned.
The best result for everyone comes from win-win interactions, from creating the best net effect so there’s more abundance to go around in the long run. This is a microcosm approach that seems good up close but hurts overall.
Learn the lesson, hire the best people you can every time and if you’d like to do charity or philanthropy do that separate from business and do it in a way that maximizes the impact you can make with each hour and each dollar and you’ll have the biggest possible effect in changing the world.
If you’d like some assistance or mentorship on how to hire the best people or on other business issues contact us and we’ll be happy to help.
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https://richucation.com/wp-content/uploads/2015/06/wrongreason.jpg6001000Michael B Rosmerhttps://richucation.com/wp-content/uploads/2016/01/richucation-1.pngMichael B Rosmer2015-06-02 08:51:402018-02-23 15:41:28The Wrong Reason to Hire Someone