Why 96% of Contractors Fail (2/2): Overcoming the Second Wall With Hiring and Leadership Strategies

Contractor Cuts

Are you ready to break free from being a one-person operation and expand your company by hiring employees? In our latest episode of Contractor Cuts, we tackle the second wall of why companies fail - transitioning from a solo entrepreneur to a well-oiled team. Discover different ways to structure payroll, the importance of finding the perfect complement to your skill set, and how having the right systems in place will help your business level up.
Hiring the right talent is crucial in ensuring the smooth evolution of your company. We explore the vital aspects of HR and hiring processes, emphasizing the significance of finding the ideal fit for your team and the essentials of a smooth onboarding experience. From benefits and insurance to pay structure, we cover it all, along with the importance of strong leadership to guide your employees in understanding and implementing your processes.
But how do you navigate the challenges of hiring? In this eye-opening episode, we discuss the importance of reference checks, tasks to test potential hires, and how to sell your company to prospective employees. Learn about the potential pitfalls of training new hires on the fly and the significance of proper financial planning during this critical transition. We analyze the cost of hiring an employee, from the financial aspects to the potential risks associated with making the wrong choice, and unveil how having a strategic plan in place can make all the difference. Join us on this journey to overcome the second wall and propel your company to new heights!
Looking to take your business to the next level? ProStruct360 has everything you need to succeed! From cutting-edge software and training, to expert coaching and guidance, we've got you covered. Visit our website to explore our offerings and see the full videos of our podcast series. At ProStruct360.com, you'll find the tools and resources you need to grow your business, improve your skills and achieve your goals. Don't wait, check us out now.

Join us January 11–13 in Nashville for the Chart the Course 2026 Planning Retreat. Sign up now and get three free coaching sessions before the event to finish 2025 strong and hit 2026 with a clear game plan. At the retreat, you’ll tackle systems, hiring, marketing, and leadership alongside ambitious contractors, leaving with a blueprint for growth. Spots are limited—visit prostruct360.com to learn more!

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챕터

1. Why 96% of Contractors Fail (2/2): Overcoming the Second Wall With Hiring and Leadership Strategies (00:00:00)

2. Why Companies Fail (00:00:01)

3. HR and Hiring Processes Importance (00:13:41)

4. Navigating the Challenges of Hiring (00:25:41)

5. The Cost of Hiring (00:30:01)