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Mike Milligan shows you how hiring decisions, employee expectations, and planning for future roles influence whether delegation supports sustained business growth.

In This Episode, You’ll Learn

  • Why hiring part-time employees for full-time responsibilities created problems for Mike’s first team.
  • How listening to employees’ needs and understanding their expectations can improve hiring decisions.
  • How Mike used documented processes and future-focused hiring to build a larger team.

Tune In Now

If you’ve hired employees to reduce your workload but found yourself taking on those responsibilities again, Mike’s experience offers a practical examination of what went wrong, what he learned, and how he approached building his next team differently.

Chapters

00:00:00 | Introduction to Mike Milligan

00:01:00 | Leaving Corporate America and Recognizing the Need to Hire

00:02:00 | Hiring Part-Time for Full-Time Responsibilities

00:03:00 | Assigning Tasks Without Understanding Employees’ Goals

00:05:00 | Back to Doing Everything Himself

00:06:00 | Recognizing Missed Employee Expectations

00:13:00 | Building the Second Team With Full-Time Employees

00:15:00 | When an Employee Wants to Build a Different Business

00:16:00 | Asking One Employee to Handle Two Roles

00:17:00 | Selling the Business After Another Setback

00:18:00 | Starting 1.oak Financial

00:20:00 | Self-Doubt After Repeated Setbacks

00:24:00 | Renewed Confidence During COVID

00:25:00 | Documenting Systems and Processes

00:26:00 | Hiring an Operations Leader

00:28:00 | Growing From One Employee to 37

00:30:00 | Recognition and Company Culture

00:31:00 | Moving From Personal Goals to Impact

00:34:00 | Reducing Dependence on the Founder

00:37:00 | Support Versus Keeping Employees on Life Support

00:39:00 | A Three-Step Decision-Making Framework

00:41:00 | Spending Authority and Decision Rules

00:42:00 | The One of a Kind Financial Plan

00:44:00 | How to Connect With Mike Milligan

Quotable

“I ended up exactly where I was three years later from where I started.”
~ Mike Milligan

Invitation From Guest

Purchase The One of a Kind Financial Plan on Amazon, or schedule a time to speak with Mike by texting the word “ideas” to 600-700.

www.mikemilligan.com

Connect With Our Guest

Primary Website: www.mikemilligan.com

Additional URLs: www.1oakfinancial.com

LinkedIn: www.linkedin.com/in/mikemilligancfp

YouTube: www.youtube.com/@1.oakradio