Hey, oh, welcome to the $100 MBA show where your business gets better with our practical business lessons.

I'm your host, your coach, your teacher, Omar's in home.

And in today's lesson, you will learn how to avoid the three big mistakes

you can make when offboarding teammates. Offboarding your team members is just as important,

if not more important than onboarding them. When somebody on your team leaves you,

whether they get fired or they decide to move on to another opportunity, you need to do it right.

Not only for short-term gain,

but also for your long-term future of your business.

And I'll explain why.

I'm going to explain what are the three big mistakes

a lot of businesses make when it comes to off-boarding team members.

I'll share real examples of my own business

when I did it right, when I did it wrong,

and give you some tips to

make sure you nail your offboarding. There can be some serious consequences when you get this

wrong. So let's make sure we get it right. Let's get into it. Let's get down to business.

One of your biggest jobs as an entrepreneur is recruitment. It's being a great recruiter,

bringing the right people to your team so you can build an

incredible business that adds a lot of value to people's lives so that you can earn an income,

earn a living, and change people along the way. But a part of building a team is losing teammates,

whether they, again, they get fired, they get laid off or made redundant, or they decide to leave.

And when they do leave, you need to do it right.

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