Entrepreneurs with Heart
Managing Your Business and Employees: Making Strategic Decisions for Growth
Do you know when it's the right time to hire your first employee or let someone go in your company? Feeling overwhelmed with the growth of your business and unsure if it's time to bring on additional help? Curious about how to create a strong company culture and avoid the negative impact of keeping a poor performer on your team for too long?
In this week’s episode of Entrepreneurs With Heart, Adria and Sydney discuss the importance of knowing when to hire your first employee and when to let someone go and emphasize the need for clear communication, setting expectations, and valuing oneself as a business owner.
Topics discussed:
- Recognize the right time to hire and let go of employees
- Challenges of relinquishing control and trusting others with one's business
- Importance of clear communication and setting expectations
- Providing feedback and holding employees accountable
- Valuing oneself and the business
- Maintaining positive relationships with former employees
- Treating employees with respect and gratitude
- Viewing the business as a stewardship and being accountable for decisions
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