The Secret for Forming an Incredible Team Is Learning How to Say: “You’re Fired.”

nustarz Project Management

  • Don’t leave for tomorrow what can be done today.

    I will start with the biggest error: not firing someone quickly.

    The problem with forming a team from zero for our business venture is that generally we tend to hire our friends, ex-classmates from university, or ex-colleagues from work whom we already know and have an established relationship with. This isn’t bad; on the contrary, it has huge benefits. However, the biggest disadvantage in this is that it makes the decision for firing them even more difficult in the case that things don’t go the way that we initially thought they would.

    This situation sometimes takes days, weeks, months, and even up to years when the reality is the decision and the reasons are already more than justified. This delay is our main enemy for building a great work team because if we hire an inadequate employee they stay with us more time than we would like, which could make an excellent employee prefer to step aside (making the worse thing happen: we lose an excellent employee and on top of that we remain with the wrong one!).

    As Mark Suster, excellent investor for Upfront Ventures has shared: “Hire fast, fire fast.”

    If you are an entrepreneur for the first time, please don’t make the same mistake we did, firing someone a week or a month too late will not make things easier, on the contrary, it will be more difficult and complex as much for us as for them. If the decision has been made, the sooner we carry it out the better for everyone.

    Additional Note: Another interesting thing that we learned is that if something is not functioning correctly, the person that we are going to fire also knows this. And at the moment of firing them, surprisingly or not, it ends up being a relief (solution) for this individual as well.