how to decide who to fire so I got a
great question from one of my Zuger
customers who bought the guy’s name
dieter and he’s also been a loyal
YouTube follower and he’s basically
asking how do I decide for companies who
to fire when it’s a downturn so here’s
what he wrote in heaven while your way
in Malaysia I thought about a question
when the company faces tough times
internal crisis or worldwide crisis and
must make it downsizing how do we choose
who lose the company usually downsizing
about money but sometimes the best
people are the ones with the best
paychecks should I fire one person per
day or 20 people per day as you said
before first I should keep the people
who have a passion about my business and
then check the payroll make a decision
what do you think if you’ll still got if
you can any of our email or youtube if
you think this question could help more
entrepreneurs I’m a consultant for small
business companies in Mexico I
understand a lot of what you do because
it’s what I do every day I help people
to reach their goals at the same time
I’m searching for my goals and working
so hard every day they create and
establish my company because i feel i’m
going to be world class is something
else one day that’s why I asked you a
lot I know I can change the world I
really appreciate all your help I begin
with nothing only my chemical
engineering degree and my passion no
money no powerful friends no family
business no mentors but what I can tell
pretty sure is that are going to be a
massive success thank you for everything
saludos dieter great email thank you so
much i’m glad that you loved the videos
and the zucca guides that’s a it’s a
tough question ok laying off people
letting people go is never an easy thing
to do so you’re a few suggestions for
you okay number one think lifetime so
whenever I create a position in my
company I’m always thinking about having
this role having this person be part of
my business forever for my whole life
now obviously that will change you know
it that person may move on I may decide
that this isn’t the right path for us
anymore but I always go in with the
intention of having somebody in that
role having this person who comes on be
a part of my team forever I try to
create a family so when i created this
job for example for a video editor you
know I knew I wanted to make video
I heard Christina and I want Christina
with me for the for the end until the
rest of our days that may not happen you
know Christina may move on she may find
something else she loves more than doing
videos she may get tired of it I may
decide you know what videos man i’m so
tired of these videos and I can do
videos anymore and I’m a move on right
but I’m going in with the intention of
having that person with me for the rest
of my life and I think too many times
companies start off and they don’t
respect the lives of the employees
enough and they say well I’m going to
hire somebody for six months and see if
it works out or not and trying out this
project or it’s just it’s not enough
respect and so I would encourage you to
consult with the clients that you’re
working with to make sure that when
they’re hiring that they really think
like this is the position we’re going to
need for the rest of our life and we’re
really going to value the employees that
we bring on number two take the first
cut yourself whenever there is a
downturn and it’s going to happen in
every business it should be the the
owners job I think to take the first pay
cut themselves again I think of
everybody as my family I want them with
me forever I want them to be passionate
what they’re doing and I think about the
people being with me the longest I’ve
never asked anybody to take a pay cut
and I’ve never fired anybody for for
financial reasons I’ve never fired a
good person because there was a downturn
I’ve always found a way to keep people
on board I’ve never asked people to take
a pay cut but I’ve taken cuts you know I
have had this business for 40 I don’t
know 10 11 12 years something like that
and I’ve my income has gone up and down
i’ve taken huge cuts but I’ve never
asked people on my team to take a cut
because I feel bad you know like I
they’re part of my family I know they
were lying on me for their livelihood
and I guess the worst-case scenario
would be that that if I really couldn’t
afford it maybe everybody goes down to
like four days a week instead of five
days a week so
like that but but again you have to feel
the pain right like the owner should
love their business so much and care
about their staff so much and they’re
willing to take the first cut themselves
before they cut other people’s salaries
and the number three you know final
option plan when all else fails is you
know decide where you’re going if your
business is not able to financially
support the people on your team anymore
it’s because there’s something wrong
with your business right the market has
gone down people are buying anymore you
have to save your company and you have
to figure out who has to go but more
importantly what the direction your
business is going to be because you
can’t just keep doing the same things
anymore right that’s not working you’re
in a downturn you’re losing customers
you’re not providing enough value
anymore your business is not working and
you need to save it so you have to
figure out before you just figure out
who to fire and you look at their
salaries think about what is the new
direction that your company is going to
take how are you going to get through
this downturn what new products services
value-add are you going to provide your
customers or what are you going to take
away because it’s just not working now
once you figure out your direction then
you can figure out who do I need on my
team to make this happen right if and if
you’re saying that you know some things
are not as important anymore so if I was
doing this right for example if I looked
at my business I might say you know what
these videos they take up too much of my
time I’m not making enough money from
them anymore and I need to cut I need to
cut the videos right if that was part of
my plan going forward then Christina
would be a casualty right of that sorry
Kristina I don’t want to cut the videos
but she would be a casualty not because
she’s not great but because I made a
strategic decision not to do videos
anymore so I think that’s the better
approach for the company’s it’s not to
look good well who makes the most money
and how can I make the most savings it’s
thinking about what projects are we
going to keep on board what’s the future
direction of our business and then who
do we need on our current team that
helped us get there
and who who hopefully move on to better
things with their lives so it’s kind of
a crappy topic to talk about man got me
a little depressed talk about firing
people but hopefully those those ideas
helped you and can help your clients
make better decisions believe for
everybody watching like the video please
give it a thumbs up below let me know
what you think leave a comment you have
a question for me leave a comment below
I make a video response and if you want
to see more videos from me click on my
face you can subscribe to the channel
thank you so much and I’ll see you soon
great question from one of my Zuger
customers who bought the guy’s name
dieter and he’s also been a loyal
YouTube follower and he’s basically
asking how do I decide for companies who
to fire when it’s a downturn so here’s
what he wrote in heaven while your way
in Malaysia I thought about a question
when the company faces tough times
internal crisis or worldwide crisis and
must make it downsizing how do we choose
who lose the company usually downsizing
about money but sometimes the best
people are the ones with the best
paychecks should I fire one person per
day or 20 people per day as you said
before first I should keep the people
who have a passion about my business and
then check the payroll make a decision
what do you think if you’ll still got if
you can any of our email or youtube if
you think this question could help more
entrepreneurs I’m a consultant for small
business companies in Mexico I
understand a lot of what you do because
it’s what I do every day I help people
to reach their goals at the same time
I’m searching for my goals and working
so hard every day they create and
establish my company because i feel i’m
going to be world class is something
else one day that’s why I asked you a
lot I know I can change the world I
really appreciate all your help I begin
with nothing only my chemical
engineering degree and my passion no
money no powerful friends no family
business no mentors but what I can tell
pretty sure is that are going to be a
massive success thank you for everything
saludos dieter great email thank you so
much i’m glad that you loved the videos
and the zucca guides that’s a it’s a
tough question ok laying off people
letting people go is never an easy thing
to do so you’re a few suggestions for
you okay number one think lifetime so
whenever I create a position in my
company I’m always thinking about having
this role having this person be part of
my business forever for my whole life
now obviously that will change you know
it that person may move on I may decide
that this isn’t the right path for us
anymore but I always go in with the
intention of having somebody in that
role having this person who comes on be
a part of my team forever I try to
create a family so when i created this
job for example for a video editor you
know I knew I wanted to make video
I heard Christina and I want Christina
with me for the for the end until the
rest of our days that may not happen you
know Christina may move on she may find
something else she loves more than doing
videos she may get tired of it I may
decide you know what videos man i’m so
tired of these videos and I can do
videos anymore and I’m a move on right
but I’m going in with the intention of
having that person with me for the rest
of my life and I think too many times
companies start off and they don’t
respect the lives of the employees
enough and they say well I’m going to
hire somebody for six months and see if
it works out or not and trying out this
project or it’s just it’s not enough
respect and so I would encourage you to
consult with the clients that you’re
working with to make sure that when
they’re hiring that they really think
like this is the position we’re going to
need for the rest of our life and we’re
really going to value the employees that
we bring on number two take the first
cut yourself whenever there is a
downturn and it’s going to happen in
every business it should be the the
owners job I think to take the first pay
cut themselves again I think of
everybody as my family I want them with
me forever I want them to be passionate
what they’re doing and I think about the
people being with me the longest I’ve
never asked anybody to take a pay cut
and I’ve never fired anybody for for
financial reasons I’ve never fired a
good person because there was a downturn
I’ve always found a way to keep people
on board I’ve never asked people to take
a pay cut but I’ve taken cuts you know I
have had this business for 40 I don’t
know 10 11 12 years something like that
and I’ve my income has gone up and down
i’ve taken huge cuts but I’ve never
asked people on my team to take a cut
because I feel bad you know like I
they’re part of my family I know they
were lying on me for their livelihood
and I guess the worst-case scenario
would be that that if I really couldn’t
afford it maybe everybody goes down to
like four days a week instead of five
days a week so
like that but but again you have to feel
the pain right like the owner should
love their business so much and care
about their staff so much and they’re
willing to take the first cut themselves
before they cut other people’s salaries
and the number three you know final
option plan when all else fails is you
know decide where you’re going if your
business is not able to financially
support the people on your team anymore
it’s because there’s something wrong
with your business right the market has
gone down people are buying anymore you
have to save your company and you have
to figure out who has to go but more
importantly what the direction your
business is going to be because you
can’t just keep doing the same things
anymore right that’s not working you’re
in a downturn you’re losing customers
you’re not providing enough value
anymore your business is not working and
you need to save it so you have to
figure out before you just figure out
who to fire and you look at their
salaries think about what is the new
direction that your company is going to
take how are you going to get through
this downturn what new products services
value-add are you going to provide your
customers or what are you going to take
away because it’s just not working now
once you figure out your direction then
you can figure out who do I need on my
team to make this happen right if and if
you’re saying that you know some things
are not as important anymore so if I was
doing this right for example if I looked
at my business I might say you know what
these videos they take up too much of my
time I’m not making enough money from
them anymore and I need to cut I need to
cut the videos right if that was part of
my plan going forward then Christina
would be a casualty right of that sorry
Kristina I don’t want to cut the videos
but she would be a casualty not because
she’s not great but because I made a
strategic decision not to do videos
anymore so I think that’s the better
approach for the company’s it’s not to
look good well who makes the most money
and how can I make the most savings it’s
thinking about what projects are we
going to keep on board what’s the future
direction of our business and then who
do we need on our current team that
helped us get there
and who who hopefully move on to better
things with their lives so it’s kind of
a crappy topic to talk about man got me
a little depressed talk about firing
people but hopefully those those ideas
helped you and can help your clients
make better decisions believe for
everybody watching like the video please
give it a thumbs up below let me know
what you think leave a comment you have
a question for me leave a comment below
I make a video response and if you want
to see more videos from me click on my
face you can subscribe to the channel
thank you so much and I’ll see you soon
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