Heyo! Welcome to the $100 MBA Show! Whether you want to build your own business or be better at it.

You've come to the right place with our daily 10 minute business lessons for the real world.

I'm your host, your coach, your teacher Omar Z-at-home.

I'm also the co-founder of the $100 MBA, a complete

business training and community online. And today you will learn how to fire an

employee. Sometimes things don't work out with the people that you hire and you need to have a plan of action and know how exactly to let them go.

You need to do this in a fair and professional way to make sure that you and the employee that you're firing,

walk away from the situation in a calm and professional manner.

There's lots of cover, so let's get into it. Let's get down to business.

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Let me preface this lesson firing an employee with this statement.

Letting somebody go, firing somebody from your

organization from your business, even if you're a very small organization, it's just

you and the person you just hired, should be a last resort. A lot of new

entrepreneurs don't realize how much cost is

involved in both time and money when it comes to hiring a new employee. Finding somebody to work for you is a lot of work.

And if you can avoid it if you can turn a bad situation and turn into a positive one that's going to save you a lot more in the

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