logo
episode-header-image
Jun 2023
17m 11s

What I Learned About Firing Employees | ...

Leila Hormozi
About this episode

“I have to just set absolute clear expectations for what I need from this person and if they don't want to meet them, that is their choice." Today, Leila (@LeilaHormozi) shares with us her experience in firing employees and gives advice on how to make the right decision. She also emphasizes the importance of understanding the root cause of the problem and taking an approach that is not all or nothing.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Timestamps:

(2:25) - Firing mistakes due to lack of CEO experience

(3:56) - Reason #1: Poor performance

(5:42) - Reason #2: Damaging team or culture

(7:01) - Reason #3: Apathetic employees

(9:24) - Reason #4: Drama-prone employees

(11:16) - 3 ways to handle the situation better

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | TwitterAcquisition 

Up next
Oct 8
6 Mindset Shifts To Make Lasting Change | Ep 320
Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.Want to scale your business? Click here. Follow Leila H ... Show More
12m 1s
Sep 22
The Truth About Your Haters | Ep 319
Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.Want to scale your business? Click here. Follow Leila H ... Show More
17m 11s
Sep 18
My Thoughts Looking At Our Growth This Year | Ep 318
Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.Want to scale your business? Click here. Follow Leila H ... Show More
18m 51s
Recommended Episodes
Jan 2023
#535: Losing An Employee: How To Learn From The Experience, Let Go, & Move On
4 things you should always remember when a team member quits In my many years of entrepreneurship, one of the most challenging things I’ve experienced is having a team member quit. If you’ve ever been through this before, I’m sure you can relate. Afterall, your business is your b ... Show More
27m 3s
Apr 2021
The One Problem Every Entrepreneur Has... | Ep 293
Every entrepreneur has one problem... a people problem. Attracting, hiring, and keeping the right team members can make or break your business. Today, Alex (@AlexHormozi) talks about the single problem that entrepreneurs are facing when it comes to company growth: the talent they ... Show More
13m 10s
Jun 2024
How to Recover From Huge Mistakes in Business | Ep 723
"Messing up is a part of business.” Today, Alex (@AlexHormozi) discusses the significance of managing business mistakes effectively and transforming negative customer experiences into positive ones. He highlights strategies such as prompt accountability, issuing refunds, and deli ... Show More
26m 52s
Jan 2024
Money Making Advice You Needed to Know Yesterday | Ep 659
“You gotta learn how to sell and you gotta learn how to lead.” Today, Alex (@AlexHormozi) answers your questions and shares valuable insights on building viable and scalable business structures. Topics covered include focus, discipline, problem definition, key business skills, pr ... Show More
1h 23m
May 2024
How to Handle Mess Ups | Ep 711
“There is no more useless emotion than feeling sorry for yourself.” Today, Alex (@AlexHormozi) delves into the crucial role of handling mistakes in business and transforming them into opportunities. He provides tactical advice on exceeding customer expectations, empowering teams ... Show More
26m 3s
Mar 2024
More Brutally Honest Advice to My Poorer Younger Self | Ep 680
“Business and the level of detail that it takes to go from good to great- it's so much wider than people think it is.” Today, Alex (@AlexHormozi) shares more brutally honest advice on topics like achieving success through personal growth, developing strong work ethics, and buildi ... Show More
29m 24s
Jan 2024
The Biggest Mistakes that Entrepreneurs Make | Ep 654
“The only reason you shouldn't be doing more reps and adding to the bar, adding to the stuff that you sell, is that you literally have no more people to sell to. And until you have that problem, you should focus on the one thing.” Today, Alex (@AlexHormozi) discusses a common mis ... Show More
10m 44s
Nov 2019
Motivating Employees
Has your team checked out? Dan and Alison answer your questions with the help of Richard Boyatzis, a management professor at Case Western Reserve University and coauthor of the book “Helping People Change.” They talk through what to do when a colleague wants the status of a promi ... Show More
28m 55s