Reasons Entrepreneurs Should Hire Young Talent
Are just starting out as an entrepreneur? Creating your first business? Or are you a seasoned professional? There seems to be one thing people tend to overlook when seeking out talent. There is an ever-growing untapped resource you can use as leverage to help make major moves and grow your business. It flies under the radar at times and can be considered a secret: hire young talent!
Below we are going to outline reasons why entrepreneurs should hire young talent. They can really help you grow, save money and push your business to new heights.
There is no way around it, if every entrepreneur had their wish, it would be top talent across the board. However, when seeking out individuals with years of experience under their belt, you better be prepared to pay a lot of money for them. Yet when you begin to widen your search, in the hopes of saving your profit and losses (P&L) table, you will notice that hiring a young professional, or someone just entering the field, can save your business a lot of money and still push you forward. Sometimes, you can even hire two people for the same amount it would have taken you to secure one seasoned person. A bigger reason for doing this is covered next.
Ask any entrepreneur while discussing staff and it is bound to come up that hiring an established person who “does things their own way” can get in the way of not only growth but harmony within the office. When you hire young talent, you can mold them to do things you feel are the most productive. They do not already have bad traits or habits you may think are counterproductive.
Spend a few weeks training them. They will essentially be doing the task the way you think it should be done. This can carry a huge upside as it is one less thing to worry about. And you can rest assured your department or new staff is running like a well-oiled machine.
Willingness to Prove Themselves
Young people know the value of a good job. They understand that they need to work their way up, learn from a mentor and prove that they deserve to be in the company. This translates into a desire to go above and beyond to get things done. They are excited to enter the working world and learn new skills. They will want to prove their worthiness to advance.
Additionally, they are full of passion and are ready for the hard work at hand. Overall, they are eager to contribute and want to increase their cash flow (by advancing). So giving 110% is what they will aim for. This kind of attitude can rub off on other employees and thus can help an entrepreneur across all facets of their business.
Have Fresh Ideas
When presented with a problem, new employees will seat their solutions from a creative front first. Finding an out of the box answer instead of a typical standard response that may be common from someone who has been working in the field for a long time.
Young professionals have the ability to see things with fresh eyes. And for an entrepreneur, possessing this on your team can make or break your business. Young professionals can therefore easily inject new and innovative ideas that may have not been thought of before. An added plus here is that they will always be looking for new and exciting ways to revolutionize things and will be excited and motivated to bring them to your attention.
Knowledgable on Latest Trends
The young kids are hip to everything we are not and then some. They possess insight into the latest social platforms, tech and, more than likely, your competition. It is important to remember that a lot of these so called “trends” are targeted at them, so their knowledge will be top level when discussing and/or analyzing way to incorporate them into your business.
This could be a wide array of things, like creating educational content on the website to promote, to informing you which social media platforms are worthy of your time, money and hours to run. They tend to know current trends before they break and can easily share with you what they are, as well as know what your competition is doing on social platforms.
In closing, I hope you can see that there are some very good reasons to widen your candidate search and explore the option of hiring young talent. There are big companies out there that are starting to see the benefits of hiring a young team member. Make sure your business is included in the forward thinking plan! Just remember, there is more ways to advance your company than by hiring top talent all the time.
Alicia is a content coordinator for WebpageFX (http://www.webpagefx.com) and blogs in her free time at MarCom Land (http://www.marcomland.com). On the side, she assists entrepreneurs in business strategy. She currently is the successor for a family business. Her articles have been published by Business2Community, Yahoo! Small Business, and PR Daily.