Hiring the best people is always critical. Right now, it’s also very challenging. According to the staffing pros at Integrity Staffing Solutions, unemployment is near the lowest figure in decades. That translates to around 7 million open jobs, and only 6 million people looking. Add in the retiring baby boomer generation and the rise of the millennial workforce and it’s absolutely imperative that your firm is doing everything it can to make open positions as attractive as possible.
On today’s show, Todd Bavol and Megan Couch of Integrity Staffing Solutions give some important tips on how to make your company a preferred destination for top talent.
About ten years ago, Josh McCarter was running a struggling SaaS business in New York. His company was generating about $700,000 in annual revenue, but burning through $350,000 a month. He didn’t have enough cash on hand to cover next month’s payroll. His customer base had flatlined. And just when it seemed like relief was on the way, a terrorist attack disrupted a critical investment. Not even his YPO forum mates thought Josh was going to make it.
I should know – I was in that forum!
Fast forward to 2019, and Josh is in charge of a company that was recently purchased for $2 billion.
In this conversation, recorded live at the 2019 CEO Coaching Summit, Josh and I talked about how he kept cool during all this adversity and focused on a plan that pivoted his company to BIG. Josh also describes how turning around his original company and zeroing in on one key strategy prepared him to run a billion-dollar business.