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Hiring Your First Employee? [Here's 5 rules] 

Prince Donnell
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This is 20-minutes of free information. I am not here to sell you anything. The goal is to share information I've learned from speaking to so many small business clients who do business with my company. I do not have books, courses or seminars.
I own a company called JACK USA which started the Jumping Jack Tax Franchise where we now have 20 virtual accounting franchises in 6 states. We help small business owners scale their businesses FASTER by taking on daily tasks such as bookkeeping, accounting and other financial responsibilities so they can focus on MONEY MAKING tasks (Plus, we keep them in compliance)
Please turn on my post notifications. I do not have a consistent schedule set-up for uploading youtube videos.
If you're a small business owner stressed about tax & accounting along with it taking up so much of your time & mental capacity, book a free strategy call so we can help: www.jumpingjacktaxes.com/acco...

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18 июн 2021

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Комментарии : 94   
@ridealvinexpresstaxi
@ridealvinexpresstaxi 3 года назад
"Hiring is a privilege!" Bruuuhhh....dropping a gem barely 4 minutes into the video. Golden!!!!!
@destinylove7372
@destinylove7372 3 года назад
Amazing content! Well needed! Please do a video on keeping your books and auditing them weekly.
@a.t.cpressurewashingllc3682
@a.t.cpressurewashingllc3682 3 года назад
Hiring is a PRIVILEGE & HONOR!!! Thanks for the content Prince! 🔥
@anonanon8974
@anonanon8974 2 года назад
5-stars on Google and 40 reviews? SHEESH! Sick website and logo too!
@a.t.cpressurewashingllc3682
@a.t.cpressurewashingllc3682 2 года назад
@@anonanon8974 thank you!
@erikmendoza2900
@erikmendoza2900 Год назад
This was literally one of the best business videos I ever watched that will for sure help me in my business. I’m a year in business and wish I had known this before. And thank you for doing a recap with the 5 steps instead of just wrapping it up. Very well articulated on all your points. I’m shocked this video doesn’t have more views!!! Thank you my friend, keep going!💪🏽
@ladebugg21
@ladebugg21 3 года назад
Loving these videos! Everything is always on point
@anthonynix9659
@anthonynix9659 3 года назад
I love how real this was. My boy whipped his eye mid video 🤣‼️ thank Donnel
@TheRonna77
@TheRonna77 3 года назад
Always dropping valuable knowledge. I am calculating numbers as we speak and saving for just one extra employee this tax season.
@johnlingelbach9217
@johnlingelbach9217 Год назад
I liked, commented and subscribed for this video. I do that rarely. Hiring is a privilege and I'm so happy to hear you say that. You have my business.
@Luuvkev
@Luuvkev 2 года назад
DONT STOP THESE VIDEOS! I only have been following you for a month now but I’ve taken away so much valuable information that pertains to me opening my company in January 2022. The video that I’m watching currently is five months old and at the beginning of the video you said you had 60,000 subscribers now you’re at Over 100,000 subscribers! This is the shit I love to see keep it up man appreciate everything you do!🤑🤑👺🤯📌😝
@paulinaval123
@paulinaval123 Год назад
This is the first video I have watched of yours, but I can relate so much to the very VERY humble beginnings. Slowly seeing the light at the end of the tunnel and building a realistic plan.
@yesitstkm
@yesitstkm 8 месяцев назад
Love this! I looked hard for youtube video about hiring your first employee for a small one-person brand. Couldn't find anything and almost gave up, but randomly clicked on this. It was perfect. Appreciation the content!
@Yourfavoritepunkhippie
@Yourfavoritepunkhippie Год назад
This is help full and I got to do these more.
@Channahisrael1027
@Channahisrael1027 3 года назад
Thank you for this value, I'm beginning a solid generational company and I need all the RIGHT knowledge. Theres so much out here but you're legit bro,🌟
@jorgepulidovaladez9418
@jorgepulidovaladez9418 Год назад
So thankful for this video Thank you a lot man. This was very hopeful
@jawdroppazzinc5907
@jawdroppazzinc5907 3 года назад
Excellent content, I’ve opened the 5 business accounts and named them. The financial advisor at the bank was impressed… Thank you for sharing information that assist us with building wealth!!!! #B1🖤🖤
@BadassBusinessOwners
@BadassBusinessOwners 3 года назад
You are 100% correct. A business needs to be able to "afford" that employee before they hire them. Too many small business owners are shocked by how much their profits drop once they hire that employee. A good practice is making sure the hourly wage is part of your COGS or expenses before you hire (depending on the business). This way your margins already account for this future employee. - Tammy
@jasonterry9343
@jasonterry9343 Год назад
I absolutely needed this.
@successwithstacee9290
@successwithstacee9290 Год назад
I just found you and this is so helpful for my business I'm opening. I'm a new subscriber and look forward to diving in to the rest of your videos.
@shae1005
@shae1005 3 года назад
Wow this is wisdom! May the Lord bless you to keep on growing in business and sharing wisdom with your peers 🙏🏾
@Beautifullymade13
@Beautifullymade13 3 года назад
Thanks for this video you are sharing awesome information you are always on point with providing knowledge 👍🏽
@tamronmanning4234
@tamronmanning4234 2 года назад
This was a big help. Thank you man
@brandywilliams5996
@brandywilliams5996 2 года назад
Your videos are always informational thank you 🙏🏽
@brianpratt3672
@brianpratt3672 3 года назад
Thanks for sharing your knowledge on this topic.
@eugenealfred6150
@eugenealfred6150 3 года назад
Yes Sirrr getting the knowledge that you spit my guy!!!
@masterbezeled
@masterbezeled 2 года назад
I love this video, because you’re real. You don’t pause when you can’t remember your words, you don’t hide it when your eye is on fire. There’s nothing wrong with, “I don’t remember.” You have it in your phone, and you know where to look. You’re real! You’re human (just like me) and that helps me identify with you. Thank you, thank you, thank you, for not cutting these moments of vulnerability. It increases my respect for this channel.
@gerardhines6307
@gerardhines6307 2 года назад
Very good information. Keep the videos coming. Thanks brother
@arbellahadhiambo7383
@arbellahadhiambo7383 2 года назад
Much love from Kenya...... Doing a great job!
@IAMCHLOE16
@IAMCHLOE16 3 года назад
Needed this thanks for the gems.
@debrarandolph3556
@debrarandolph3556 3 года назад
This was good information I learned a lot. TY
@marcuscarr6060
@marcuscarr6060 2 года назад
Congrats on your hard work becoming noticed keep it up. I have enjoyed your content
@jmainesmithsr5936
@jmainesmithsr5936 2 года назад
Thank you brother for the 9 to 5 lesson...
@shilohskyenterprisellc5779
@shilohskyenterprisellc5779 3 года назад
I watched tons of videos on the Internet and this is by far a stand out amongst all the fluff and selling rhetoric, Thank you.
@akeemx9207
@akeemx9207 3 года назад
This channel is important. High value content
@lafayette2011
@lafayette2011 3 года назад
Great build bossman!
@alexmcmillan1098
@alexmcmillan1098 3 года назад
Powerful message champ like always
@justinhall8739
@justinhall8739 Год назад
Smoothest transitions into an ad that I have ever seen 😆 my man, you are going places
@ThinBeamImage
@ThinBeamImage 3 года назад
Love it...show care for people first, your vision will have a greater ability to have buy-in from stakeholders. P.L.W....good stuff!
@darnellanderson462
@darnellanderson462 2 года назад
Boston checking in Fam! B1
@keithatweri8868
@keithatweri8868 2 года назад
Really learnt a lot Amazing content donnell thanks so much
@swaggonswole7371
@swaggonswole7371 3 года назад
Very Informational, Facts Awesome
@VitaminChi
@VitaminChi 11 месяцев назад
Great content super practical and puts things in perspective
@bryanamason780
@bryanamason780 Год назад
Thank You good info
@KKLTTL
@KKLTTL 2 года назад
Great info thank you
@user-jz2qf5nc6x
@user-jz2qf5nc6x 10 месяцев назад
omg!!!just started my commercial cleaning for almost 2mnths and im in a rush to hire someone....😂thanks a lot..
@JessicaLaShawn
@JessicaLaShawn 3 года назад
the 4:58 mark made me subscribe! LOL
@KevinAir_
@KevinAir_ 3 года назад
Thank you for sharing this content... keep kicking A$$
@StephMG
@StephMG 3 года назад
At 2:41 you spoke to me!! This is my current situation. Sales are growing. Business credit is A+ however haven't received any bank funding.
@bryandaum9763
@bryandaum9763 9 месяцев назад
Very helpful
@sonoftroy8572
@sonoftroy8572 2 года назад
I’d also like to add, learning how to charge more for your service by adding value for your clients and avoid time or hourly rate base type of work! Know what your service is worth and add value for your clients then you can charge very high prices
@TheSholsey1
@TheSholsey1 3 года назад
Great content!
@tgicocktailnight
@tgicocktailnight 2 года назад
Very informative 😊
@matthewguzman6806
@matthewguzman6806 Год назад
I subbed becuase you have great information and you also don’t edit out certain things lol
@AdamLue
@AdamLue 3 года назад
Bro, I thought yall been had a youtube. Yall would be easily at couple Ms subbed. Let me know when yall ready to do the Podcast man! Contributor in the Wings LOL
@peaceandwar6537
@peaceandwar6537 3 года назад
Peace right on sir
@THEKIDLXYALTY
@THEKIDLXYALTY 3 года назад
📝 great video
@darrelllewissr9413
@darrelllewissr9413 3 года назад
Man this guy is sharp. I absolutely love listening and learning from him. Thanks
@SquadUp221
@SquadUp221 3 года назад
When it comes to benefits for our employees, I know you specialize in life insurance but do you also have insight on business insurance also, even just basic coverage so Mom & Pop businesses can be competitive to the likes of franchises & other establishments that offer those perks?
@ETWISRAEL
@ETWISRAEL Год назад
W manz thanks
@troyhargrove7297
@troyhargrove7297 2 года назад
Sit down and pay attention folks, this is "Game tight" five star game
@sistashaihankins5598
@sistashaihankins5598 3 года назад
Imma one may company as well. Def need helping hand but nervous about hiring...
@Judyssma
@Judyssma 3 года назад
Great
@videostoviews2262
@videostoviews2262 2 года назад
Great stuff Donnell! Thank you.
@kirk1canedo
@kirk1canedo Год назад
Gold
@sethmowles6309
@sethmowles6309 3 года назад
When you save the 3 months salary do you put that into the operational account or have a separate Payroll account for that?
@parttimeyoutube
@parttimeyoutube Год назад
Did you do your legal aspects follow up video for those of us following your five steps?
@frankespinoza31
@frankespinoza31 3 года назад
What’s your comp with your life insurance carrier ?
@ambitiousty
@ambitiousty 11 месяцев назад
🔥
@lynniahherron7434
@lynniahherron7434 3 года назад
Do you guys have these videos in podcast form?
@BimmerBose
@BimmerBose 2 года назад
So quick question let's say you have a 2 member llc would those 2 members count as employees of the llc? I ask because when registering your business it asks how many employees you have I wasn't quite sure how to answer that also so I don't have to hire the 2 members with a W2 if I use owners draw?
@jimmiechalmers2010
@jimmiechalmers2010 2 года назад
if my business if not bringing in consistent income but is bringing in around 5k some months or even 3k is it a good idea to hire a casual worker to come in and help out on occasions? as I run my business from home as well as looking after my new born daughter, I have had great success working for myself but handling invoices shipping and labour alone is a lot of work so I am trying to pan off labour build-up to a casual employee if possible I would love to hear your thoughts, thanks.
@jbainbridge22
@jbainbridge22 2 года назад
I like that red suit in your thumbnail.
@Stephanerkt
@Stephanerkt Год назад
Video starts at 5:00
@starkrazzii
@starkrazzii 2 года назад
What are thoughts on contracting employees to start?
@NastyfingurZ
@NastyfingurZ 2 года назад
Agreed I have to market,advertise, hire,contract, keep clients,billing, dispatching,taxes,run the company. I'm under funded as a minority. I have tried to get funding from the bank. They wanted to know if I was on Dun and Bradstreet. I couldn't believe this was happening. Agreed I have 2 employees. I had 9 ppl before covid. I been in business for 5 years. I appreciate my employees. My Revs are 10,000 plus a month. Even at that it's a struggle for employees. So thanks for the video.
@AcesizOfficial
@AcesizOfficial 3 года назад
🙌🏽🇬🇧
@nebolua
@nebolua Год назад
NO NINJA THANK YOU!!!! FROM DA BOTTOM OF MY HEART LOL naa fr tho
@JP-wn4jn
@JP-wn4jn 3 года назад
Do you guys handle crypto taxes?
@bledsooee
@bledsooee 3 года назад
take quality over quantity
@byg3427
@byg3427 3 года назад
Early gang
@Buildingscienceacademy
@Buildingscienceacademy Год назад
I’m curious what your retention rate is for this video. Two minutes in and we haven’t gotten started. I feel like videos like this should primarily be about the content you’re creating to help, and secondarily to promote and plug, not the other way around. Not knocking you, just curious if the data on your retention rate supports my thoughts.
@Buildingscienceacademy
@Buildingscienceacademy Год назад
Just finished the video. Great information, subscribed! 👍🏼
@Mattys556
@Mattys556 2 года назад
I couldn't get funded either. Just saying. No conspiracy, just credit & numbers. Sweat equity 💯
@marcusmoore3061
@marcusmoore3061 2 года назад
Anyone else notice he’s not wearing his wedding ring ?
@gloryfestphotography7542
@gloryfestphotography7542 3 года назад
what is LLC?
@shae1005
@shae1005 3 года назад
Limited liability company
@dinocupdc7160
@dinocupdc7160 Год назад
Why the camera so far and the room so empty, lmao
@leenelson5792
@leenelson5792 3 года назад
Good information but you still hiding money tips from us tho 🤔
@N1ceK1ng
@N1ceK1ng 2 года назад
Bro lost me with the “me as an African American we don’t have funding” I’m white bro I don’t have funding either.
@detailtherapy1155
@detailtherapy1155 2 года назад
I was interested until you played victim.
@keithrog73
@keithrog73 3 года назад
Once you brought up the phantom racism against you, you lost me. No one is out to get you because you’re black. That is illegal and anyone who denies you services because you’re black is breaking the law. You would be able to take them to court and sue them. I think that you believe they are discriminating against you, but don’t actually have proof of it. You then jump to the conclusion that it is just because you’re black because that is the narrative that has been forced on you. I enjoyed your videos but you lost me with the victim narrative. Get over yourself, you’re not oppressed. Victim hood is a weak man’s way of denying success. I thought you were smarter than that. I only take advice from confident, strong individuals. I’m moving on.
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