Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Bringing Business to Retail

Avoid This Hiring Mistake

25 Jul 2024

Description

Would you let an ads manager spend thousands of dollars every month, even though you're not getting any new customers or sales? How about having to fire a friend or family member, because they're just not what you need to move you to the next level? Or, would you let a poor-performing employee, bankrupt your business? Believe it or not, these are just 3 scenarios I've encountered with retail & ecom business owners over the last couple of weeks, that could potentially bankrupt the business. But even having the threat of going bankrupt hanging over your head, isn't always been to push a business owner to make a decision. So it got me thinking. If bankrupting your business and losing everything that you've worked so hard for isn't enough of a motivator, what is? Join me as I walk you through a real-life scenario of what happens when you make this hiring mistake, plus the advice I gave and of course the happily-ever-after (or is it?). --------- Common scenarios that could potentially bankrupt a business. 0:02 A furniture store owner struggling with work-life balance and financial difficulties. 3:11 Marketing and inventory management for a struggling business. 8:32 Business constraints and potential solutions for a struggling fashion retailer. 12:31 Poor operations management in a business, leading to low sales and aged inventory. 17:25 Improving business operations through delegation and process updates. 21:52 Managing an underperforming employee in a small business. 27:21   Full article: https://salenaknight.com/avoid-this-hiring-mistake/

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.