meta_pixel
Tapesearch Logo
Log in
The $100 MBA Show

MBA2507 Q&A Wednesday: I just had to fire everyone to keep my business alive. What now?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 14 August 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

Did you ever have to make the tough call to let go of your entire team just to keep your business afloat? How do you navigate the aftermath, with the weight of the business on your shoulders and a mountain of tasks ahead? This is exactly the predicament that one of our listeners, Janet, finds herself in, and today we dive deep into finding solutions.

Transcript

Click on a timestamp to play from that location

0:00.0

Heyo! Welcome to the 100 R.M Practical Business Lessons for the Real World. I'm your host, your coach,

0:16.4

your teacher Omar Zen Home. And today's episode is Q&A Wednesday where we answer a question

0:21.0

from one of you, one of our listeners.

0:23.0

If you got a question you want to ask, go ahead and email me over at

0:25.0

Omar at 100MBA.net.

0:28.0

Today's question comes from Janet and Janet asks,

0:31.0

I just had to fire all 11 of my team members so I could stay above ground.

0:35.8

Now I feel so lost and so distraught. I don't know what to do now.

0:40.2

How will I get everything done that my team members were doing?

0:43.7

How do I move forward?

0:44.7

I had no choice, I had to let go with my team members so that I can keep the business alive.

0:50.4

Would love your advice, Janet.

0:52.2

First of all, Janet, I'm really sorry to hear that you had to let go your team members.

0:56.6

I know how tough this could be because I had to go through this more than once in my entrepreneur

1:01.2

career where I had to let go many team members in order to keep

1:05.3

the business going, in order for us to continue to be profitable, in order for us to be able to pay our

1:09.8

bills on time and all that kind of stuff. So this is not unique. I want to let you know that

1:14.3

hey as bad as it is you're not alone many entrepreneurs go through this and see

1:20.3

success on the other side. They're able to rebound. They're able to actually come back

1:24.7

from this stronger. It's a challenging situation but there are steps you could take

1:29.4

to rebuild and move forward and those steps I want to share with you today.

1:35.0

We're going to dive into some practical strategies, things that you need to know so you can

...

Please login to see the full transcript.

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

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

Copyright © Tapesearch 2026.