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The economy is sending mixed signals. Reports say it is strong, but the markets and hiring data tell a different story. Many small business owners are facing what I call “The Great Hiring Freeze.”
In this episode, I explore what is really happening behind the scenes. Business owners are holding off on hiring because they are unsure about the future. That hesitation is creating stress, burnout, and missed opportunities. I’ll break down why this “wait and see” mindset is costing more than it saves, and how you can make smarter moves to build your team even in uncertain times.
Right now, there are over seven million job openings in the U.S., but only about five million people are actually being hired each month. The problem is not a lack of opportunity. It is a lack of clarity and strategy.
Here’s what you’ll learn in this episode:
- The Perfect Candidate Trap: How unrealistic job descriptions keep you from hiring good people and why chasing “unicorns” can hold your business back.
- Overworked Teams and Hidden Costs: Why stretching your best employees too thin leads to burnout and turnover, and what it really costs to lose them.
- Breaking Analysis Paralysis: How indecision and endless comparison during the hiring process can cause you to miss great candidates.
- Hiring as an Investment, Not an Expense: How to shift your mindset and start measuring hiring in terms of ROI, whether you are bringing in someone for potential or proven experience.
- The Myth of Perfect Timing: Why waiting for the “right time” to hire is risky, and how to keep recruiting continuously and strategically.
You’ll also hear how to design a hiring process that is both exhaustive and efficient. I’ll explain how to shorten your hiring timeline to about two weeks, avoid panic hires, and stop the cycle of rework and frustration that hurts productivity and morale.
Whether you are looking for a manager or adding frontline support, this episode will help you rethink how and when to hire. You’ll gain practical steps for staying proactive and building confidence in your decisions.
If you’ve been delaying your next hire because you’re unsure what the economy will do, this conversation will help you move from uncertainty to clarity. Hiring can feel risky right now, but waiting can be even riskier.
Tune in to learn how to find, attract, and keep the right people so your business can keep moving forward.
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The KeyHire Key Owner Stage Assessment helps small business owners understand where they are in their growth journey and what to focus on next. In just a few minutes, you’ll uncover what’s holding you back and get a clear path to move forward with confidence.
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112 episodes