To build a strong business, you need a team of professionals and others who can support what you’re doing in the business either with professional skills, personal support or serving in a business advisory capacity. You know the saying “Behind every successful man is a good woman”. Well, behind every successful woman is a team of supporters—both professional and personal who help propel her to the top. Now, supporters generally come in two forms: advisors and specialists. Some you hire, some you pay for, and some you obtain through networking and outreach. Obviously, you want to obtain your team as inexpensively as possible, but don’t be afraid to pay for experience and expertise if necessary. Smart people at your side can save you years of hard work–and missteps.
Look for people with proven experience working with business in your industry or with companies’ of similar size. In the early days of a business, every penny counts. You’re right to manage costs and not add people until you absolutely have to, even if you have the cash reserves to support the payroll. However, the most expensive advice of all is free advice from a poor source. Get great advice and great help, even if you have to pay for it. It’ll be worth it!