488 - Handling Unexpected Terminations

11:56
 
Share
 

Manage episode 233892094 series 1521099
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.

A surprise termination, where either you have to fire someone or someone quits without notice, can be one of the most destabilizing events on your team.

When sharing this information with your team, transparency is the easiest and most consistent policy. Ambiguity will drive gossip. Be careful talking negatively about someone who has left. The more respectful you are about what has gone on, the better things will go for your team.

Let the remaining team know that transitions create opportunity. Terminations are always an opportunity. They are opportunities to find inefficiencies, an opportunity to bring in new energy, an opportunity to grow the business and the remaining team.

If you're a listener of the podcast I would love it if you could leave a review on iTunes. If you've already left a review, please know that I appreciate you and thank you for being a listener and giving me your time every day.

When you’re ready for it, here are a few ways that my team and I can help you grow and scale your business:

1. Get a Free Copy of My Book: The Entrepreneurial Personality Type.

This book will show you why, as an entrepreneur, there is nothing wrong with you and you’re not alone. We are the few who dare to dream of a better future and then go into the world and insist it become a reality.

2. Take our free Momentum Masterclass.

In this free training, you’ll learn how to eliminate pressure & noise, how planning systems play a huge role in your success and the keystone habits every entrepreneur needs to develop.

3. Join our Billionaire Code Facebook Group.

Come hang out in our Facebook group of over 2,000+ members where we regularly share about team building and company growth.

4. Subscribe to the Momentum Podcast.

The Momentum Podcast will walk you through the importance of building a team, scaling companies and ultimately, making your greatest contribution to the world.

5. Join one of our programs and work with me and my team.

If you’d like to work directly with me and my team to take you from where you are today to a place where there is consistent growth and scale, just head on over to billionairecode.com and we’ll send over some details to get you started.

519 episodes available. A new episode about every day averaging 14 mins duration .