4.8 • 1.1K Ratings
🗓️ 6 October 2021
⏱️ 31 minutes
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0:00.0 | This episode is brought to you by Slack. With Slack, you can bring all your people and |
0:05.9 | tools together in one place. It's your digital HQ where you can increase productivity, |
0:11.1 | enable flexibility and automate workflows. Plus, Slack is full of game-changing features |
0:16.7 | like huddles for quick check-ins or Slack Connect, which helps you connect with partners |
0:20.9 | inside and outside of your company. Slack, where the future works. Get started at |
0:26.9 | Slack.com slash DHQ. Hi and welcome back. I'm so glad you are back with me this week. Okay, |
0:47.1 | so this was an interesting week. I got a call from a friend yesterday who was going through |
0:54.0 | a hard time with her business. I want to share it to you because it actually came up |
1:00.0 | twice this week. I was actually leading a workshop earlier in the week for a class and |
1:05.0 | this topic came up. When something comes up a few times in my week, I definitely feel |
1:09.6 | like I need to share with you. So, my friend had been fired. Listen, there's many ways |
1:18.3 | to be fired. You can get fired from a corporate job or you can have as an entrepreneur or business |
1:23.5 | owner, you can have a client fire you. So, when I was in the radio business, it would happen. |
1:29.2 | There's attrition. We call it attrition. There's a turnover, percentage of your business |
1:34.4 | that turns over whether it be monthly, quarterly or annually. You always need to look at those |
1:40.5 | percentages versus previous quarters years and find ways to tighten that number up. |
1:47.4 | Our goal is zero. We want everybody to be a raving fan. However, that is definitely not |
1:53.0 | always the way that it turns out. So, when I was in the radio business, I started out |
1:57.0 | as an account executive and I'll never forget the first time I lost a big client. It was |
2:02.9 | crushing. I took it completely personally. I was so devastated. I decided they hated |
2:10.8 | me and I did not handle it well. Fast forward to 20 years later, I was a chief revenue officer |
2:17.4 | of a media company. We had thousands of employees, thousands of clients and a percentage of our |
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