Business
Failure
"Driving
your business into the ground"- an idea
I believe
that no one intentionally drives their business into the ground. Most business owners see their businesses
like their kids. Intentionally killing
them is not the way most normal parents think.
Recently
I worked with a small company that I worked hard to build up. I was one of two key employees that were
tasked with growing the office. We both
worked hard because the intent was for both of us to purchase the business from
the owner in the future.
After
several months of success I was told that it is not working out. We were growing and needed poople to
satisfy our growing list of clients. So
it was interesting to hear the words that it was not working out.
After I
left the company had lost several other employees. The company is on a downward cycle into the
ground. That is sad since it had a lot
of potential.
So what
happened?
The owner
did not do his own thinking. He
listened to only one of the key employers( hint it was not me). That particular employee overestimated his
importance and his knowledge. The owner
bought into his view.
Today's
question is:
"How
long would you follow the advice of an employee that is killing your business?"
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