Invest in Building or Buying with Jackie Koch

I'm joined by HR expert Jackie Koch, who brings a wealth of knowledge and experience from her extensive background in high-growth startups and HR consulting. We dive into one of the most challenging aspects of entrepreneurship: hiring. Whether you're debating whether to buy talent or build it within your organization, this conversation has invaluable insights for you.   Jackie and I explore the pros and cons of both approaches, discuss the importance of aligning your expectations with your hiring decisions, and share practical advice on interviewing, onboarding, and creating a workplace culture that nurtures growth. We also touch on the significance of investing in tools and processes that set your hires up for success from day one. Don't miss this episode if you're looking to refine your hiring strategy and avoid costly mistakes. Tune in now and take the first step towards smarter hiring practices!   What You'll hear in this episode: [00:50] Meet Jackie Koch: HR Expert and Business Bestie [01:40] The Importance of Hiring the Right People [02:55] Jackie's Background and Expertise [04:05] Challenges of Transitioning from Corporate to Startup [07:00] The Build vs. Buy Talent Dilemma [16:25] Benefits and Drawbacks of Buying Talent [22:15] Benefits and Drawbacks of Building Talent [24:40] The Challenge of Hiring the Right Talent [25:35] Building Talent: The Complexities and Importance [26:30] Mentoring and Coaching: A Foundational Component [26:45] Implementing AI and Training Systems [28:45] The Cost and Benefits of Building Talent [30:05] Transparency and Honesty in Hiring [35:30] Learning from Past Experiences [42:05] The Importance of Clear Job Descriptions [46:05] Resources for Improving Hiring Processes   If you like this episode, check out: My 3 Favorite Interview Questions Authentic Hiring: Showcase Your Values How to Keep Employees Loyal   Connect with Jackie: Check out the World's Greatest Boss Podcast https://www.peopleprinciples.co/podcast Learn more about hiring and HR templates peopleprinciples.co Connect with Jackie on LinkedIn https://www.linkedin.com/in/jackiemkoch/   Want to learn more so you can earn more?  Visit keepwhatyouearn.com to dive deeper on our episodes  Visit keepwhatyouearncfo.com to work with Shannon and her team  Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ  Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.