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Founder's Journal

Thoughts on Employees Leaving

Founder's Journal

Morning Brew

Entrepreneurship, Careers, Business

4.81.1K Ratings

🗓️ 6 September 2021

⏱️ 16 minutes

🧾️ Download transcript

Summary

On this episode, I'm talking about the unfortunate, but very real experience of losing great workers. Every founder, leader, and manager goes through it and it never gets easier, so I want to give some perspective to help you think about it. As I mentioned in the episode, check out these two Founder's Journal episodes on Elon Musk: How Elon Musk Thinks Part I How Elon Musk Thinks Part II Check out episode transcripts at https://foundersjournal.morningbrew.com to learn more, and if you have any ideas for our show, email me at alex@morningbrew.com or my DMs are open @businessbarista Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

What's up, everyone? This is Alex Lieberman, co-founder and executive chairman of Morning Brew.

0:05.9

Welcome back to Founders Journal, my personal audio diary, where I give you the business builder,

0:11.9

the tools you need to think better in order to build better, whether that's building a business,

0:16.9

a team, or a new product. First, I want to give a huge shout out to all of the workers out there

0:24.4

enjoying a very well-deserved Labor Day, and I want to give a special shout out to the amazing

0:30.1

community of Founders Journal listeners and workers, and the more than 120 employees of Morning Brew.

0:38.5

Now, on the topic of employees, I want to talk about the unfortunate but very real experience

0:45.8

of losing great workers and employees. Every founder, leader, and manager goes through it,

0:53.1

and it never gets easier, but I want to give you some perspective to help you think about it

0:57.9

moving forward. Let's hop into it. With Morning Brew at more than 120 employees now,

1:07.8

we have lost several employees, and it doesn't matter how great of a business you've built,

1:13.7

how strong your culture is, or how well you retain talent, you just simply can't retain 100%.

1:21.1

And it stings every time you experience it. I've personally found that for me,

1:26.0

it stings because I personalize it, and I found a lot of other leaders personalize the experience

1:31.4

of someone else leaving as well. We tell ourselves it's a failure on our part that we could have

1:37.3

done something different to keep these people, these great workers from leaving. So I want to say

1:42.8

something that will hopefully release some of this undue pressure and anxiety that you likely

1:47.8

put on yourself. First, losing an employee isn't necessarily a bad thing. Second, losing an

1:56.1

employee does not mean you did something wrong. While it is important and good to be critical of

2:03.3

yourself, that is how you grow as a leader, you need to realize how important context is, given

2:08.8

there are literally dozens of ways and reasons that employees choose to leave a company.

2:14.8

And so as you go forward as a leader, I just push you to focus on the why, rather than the why,

...

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