How to Solve Your Turnover Problem
The Double Win
Michael Hyatt
4.8 • 1.5K Ratings
🗓️ 21 January 2020
⏱️ 29 minutes
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| 0:00.0 | This episode of Lead to Win is brought to you by Leader Books, Michael Hyatt's monthly book club for leaders. |
| 0:07.0 | You can learn more at lead to.win slash Leader Books. |
| 0:12.0 | Hi, I'm Michael Hyatt. |
| 0:15.0 | And I'm Megan Hyatt Miller. |
| 0:17.0 | And this is Lead to Win, our weekly podcast to help you win at work and succeed at life. |
| 0:22.0 | Today we're going to show you how to solve a |
| 0:24.0 | problem that plagues many businesses turnover. |
| 0:29.4 | Yeah, this is a really big problem because when you have a turnover in your business, whether it's really high or if you're running a small business, even just a few people every year. I mean it's expensive it's expensive |
| 0:44.7 | to recruit people the first time and train them and get up up to speed but when they |
| 0:48.8 | leave you lose momentum on projects you disrupt the goals that you're pursuing, and honestly it's |
| 0:55.0 | demoralizing for your culture and there's a real kind of ripple effect that you have to |
| 0:58.7 | do cleanup, not to mention the hiring of the replacement. This is the kind of thing that makes entrepreneurs |
| 1:04.1 | rethink their vocation. It's like does it really have to be this hard? Maybe I |
| 1:08.1 | should just go back to work for the man. Yeah this is when you say where do I go to resign? |
| 1:11.6 | Exactly. You know and it can feel like |
| 1:14.0 | honestly you're the only person committed to your vision you know that you're |
| 1:17.8 | you're struggling to keep people and you're also struggling to keep the |
| 1:20.7 | vision of your company alive and it just doesn't seem to catch on and |
| 1:23.7 | you're like what's going on? Well today we're going to give you three steps to |
| 1:27.5 | retaining your top talent but before we do that let's bring Larry on. |
| 1:31.1 | Hey Larry. Hey Larry. Hey Larry, hey guys to be here. I just wanted to let you know this would be my last day. |
| 1:36.1 | I thought you were sorry for a second. I like like just for a half a second. |
... |
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