November 11, 2023
Why I’ll never hire employees
For a business owner, hiring employees is typically used as a way to create leverage.
What do I mean by leverage?
Leverage is a way to create more output force from a given input force.
In a business context, this equates to increasing revenue while decreasing costs (i.e., increasing profitability).
Here are six common ways to create leverage in business:
- Systemization
- Automation
- Robotics
- Strategy
- Loans
- Hiring
Without question, all of these are tools.
But of this list, hiring employees is the only one that is not perceived as morally neutral.
To put it bluntly...
People don’t like people who use other people as tools.
So...
I choose to use something other than people to create leverage.
Yours,
—J