REI Wealth Monthly Issue 07 | Page 35

STRUGGLING TO GROW BECAUSE OF LACK OF RESOURCES? CONSIDER INTERNS JUSTIN LEE wages. By hiring multiple interns, you can provide some valuable experience for the students, while at the same time, getting the output of multiple employees for the price of one. And oftentimes, interns will work for free in exchange for real world experience. Hiring interns can also be used as a way to reduce the risk associated with hiring full time employees. Hiring a full time employee can be expensive because you have to guarantee them a salary and maybe even benefits. If this employee turns out to be a bad fit for your culture or they aren’t as qualified as you thought they were, then you could be in trouble. By hiring interns for a couple months, you get the benefit of a “trying out period.” During this period, you have the chance to make sure that the intern is a good fit for your company (and likewise for the intern) and if they are qualified to eventually take over a full time position. At this point you might be thinking, interns could be a solution for my real estate investing business, but I’m not sure e X?H?]^H??[??[YH???^H?\?[?\????NIH??X[\?]H[??\????H]?B?Y[?Y?YY?]?H?[Y]?H\?HH? LY?\?]?\?Y?Y [????]X?HX?]?]Y\??]?H[?\?[?\???[??Y?Y[?????[?[?\????X???[[?H???[?\??X[\?]H[??\?[???\?[?\??K???[\[Y[??YH?YH??\??H??]Y?Y\???????Z[[?\?X[H ]K\????]??^K?X[??B?????X[?Y?H\\?????X[?????\??\?? ????Z[[?\??X??]K??? [?[XZ[?Z[?[?Y??]???[??Y?[\?JB??K??????X[YYXHX\??][?? ?X?X?????]\?[??Y[?B???????X\??[??[?H?[Z^?][? ?S?H ???\?H?Y[???[?UX?K]??????X\??][?????]?X[?? ???X\??][?????\??^Y\???K????]?]H[?^B??L ????[?\??\?[?\?? ??X??][?H??[Z?H???]]?H??[YH??\??\??\?]?[[[X][B????[?\??\?[?\??B??XY[H?^H?H[?[??H]?[??\?H?\???YH?\?8?$?8?' L H?^\?[?\????[?[[?H???[?\???X[\?]H[??\?[???\?[?\???'B??]\??[??H]\?[???[??]]\?H\?H??YH\???[???X??[?H??[??]?H[?[?\?????????[Y[X?\?[?\???\?HX\??[???H?????