meta_pixel
Tapesearch Logo
Log in
The Amy Porterfield Show

#535: Losing An Employee: How To Learn From The Experience, Let Go, & Move On

The Amy Porterfield Show

Amy Porterfield

Entrepreneurship, Business, Marketing

4.95K Ratings

🗓️ 17 January 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

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 baby – so when someone decides to hit the ground running in another direction, it’s hard not to take it personally.  Recently, I had 3 people leave in a very short period of time. And even though I’ve lost employees before, this time was a little different because I wasn’t really expecting it.  I won’t lie, it’s been an emotionally difficult experience. But here’s the thing – it’s also brought some really important learning lessons to the forefront – lessons that I know I’ll take with me for years to come.  In this episode, I share what those lessons are, along with how I’ve managed to let go of the experience and move on.  It’s my hope that this will help you immensely as you continue to grow your business, expand your team, and experience everything (both good and bad) that comes along with it.  Here’s a glance at this episode... [01:43] Losing a team member is one of the hardest parts about entrepreneurship. [02:50] We recently lost three people on our marketing team. The whole experience brought some really important lessons to the forefront. [03:47] As an entrepreneur, you will lose people. Most of us don't love the HR part of being an entrepreneur. [05:24] You need employees to grow and scale your business. You can't do big amazing things all alone. [06:10] Losing employees is simply part of business. You can't take it personally if you want to keep moving forward. [08:34] The Entrepreneurial Operating System (EOS) says that you cannot create a role for someone else. Find someone to fill a role that makes good business sense.  [12:18] We had one of the people who left fill out an exit interview. We were surprised by what she wrote. As managers, we need to ask the right questions.  [14:52] Make sure that you're very clear on the role that you're hiring for in the first place. [17:15] Slow down when it's time to hire someone. What are they going to do? Are they able to make decisions? Does the team understand their role? [18:06] Even though losing an employee is emotionally and financially difficult, there's always a lesson in the experience. [20:02] Always conduct an exit interview. Ask: What would have made your job better? What would make the company better? What could I have done better? Rate, Review, & Follow on Apple Podcasts "I love Amy and Online Marketing Made Easy." <-- If that sounds like you, please consider rating and reviewing my show! This helps me support more people -- just like you -- move toward the online life and business that they desire. Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, follow the podcast. I’m adding a bunch of bonus episodes to the feed and, if you’re not following, there’s a good chance you’ll miss out. Follow now!

Transcript

Click on a timestamp to play from that location

0:00.0

If you've ever written off starting a side hustle for any reason, I'm talking to you.

0:06.1

Why?

0:07.1

Because when it comes to starting a side hustle, it's easy to get stuck wondering, what if?

0:11.8

What if I'm not ready?

0:12.8

What if I can't do this?

0:14.0

What if I have no time?

0:15.6

And the list goes on.

0:17.4

The worst part of these, what ifs?

0:19.4

They tend to prevent you from testing the waters, which means you never get an answer

0:23.5

to the question of whether a side hustle is really the right move to help you create

0:28.1

the lifestyle you've always wanted.

0:30.8

If you've ever found yourself in any of those what if thought patterns, I created this brand

0:35.7

new masterclass for you.

0:37.1

It's called the side hustle success path.

0:39.9

Five signs you're ready to start a side hustle for more flexibility, financial freedom, and

0:46.0

fun, even if you're short on time or have no idea where to start.

0:50.6

So my goal with this is to give you honest answers to your biggest side hustle questions.

0:55.2

So you can get clear on whether a side hustle will give you the stability, the backup plan,

1:00.4

or even form part of your exit strategy to leave your nine to five behind.

1:05.6

Because one thing's for sure, a side hustle can have some pretty incredible rewards, from

1:11.4

creating more room to breathe when it comes to your finances, to diversifying your sources

1:16.5

of income, to learning new things and getting paid to do something you enjoy on your terms.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Amy Porterfield, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Amy Porterfield and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.