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Small Business
Hints on hiring
February 3, 2000: 2:33 p.m. ET

Balance the needs of your business against the talent pool that is available
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NEW YORK (CNNfn) - Dear Jane: We are growing fast and I need to hire some help now! I've never hired more than two people and I'm really scared that I'll make an expensive hiring mistake. Any tips?
    Hiring people is very stressful and requires serious thought and planning. Here's a good strategy from Jay Goltz, author of "The Street Smart Entrepreneur."
    Goltz, a successful entrepreneur in Chicago, developed what he calls the BATH strategy for hiring:
    "B" is for buy into your concept. Tell prospective employees what your company is all about.
    "A" is for ability. Find people who have done this job before.
    "T" is for team playing.
    "H" is for hungry. Hire people who want to work.
    Goltz also suggests meeting with groups of applicants to conduct a group interview. This approach can save time.
    He likes to tell people exactly how hard they will work and all the headaches they will face at his home improvement and landscaping company. Many ask to be excused to visit the restroom and never return.
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.