Build Your Business: From Fear to Freedom
How to Fire Someone: A Business Owner's Guide to Tough Conversations
30 May 2025
Firing someone is one of the hardest parts of leadership—but avoiding it can cost your business even more. In this episode of Build Your Business, Matt and Chris Reynolds break down how to fire someone the right way: with clarity, compassion, and professionalism. Whether it's your first time or you're trying to improve your process, you'll learn how to prepare, communicate, and protect both your team and your business. From performance documentation to severance packages and company morale—this is your no-fluff, practical guide to how to fire someone. ✅ What You'll Learn Why most people avoid firing and how it hurts your business How to know when it's time to fire someone What steps to take before you fire someone How to run the actual firing meeting (word-for-word advice) What to say (and what not to say) afterward to your team The role of severance, documentation, and legal considerations Why firing can lead to personal growth and a stronger team How to fire someone with compassion, clarity, and finality ⏱️ Timestamps 00:00 – Intro: Why Firing is So Hard 03:11 – First-Time Firing Stories 05:57 – How to Prepare: Documentation and Clarity 08:56 – Planning the Firing Meeting 11:58 – How to Run the Meeting (Step-by-Step) 15:10 – Aftermath and Supporting the Team 27:25 – Severance and Legal Considerations 34:55 – How to Communicate with the Team 40:13 – Leadership, Culture, and Letting Go 49:45 – Final Reflections on Growth Through Hard Conversations 🔖 Hashtags #HowToFireSomeone #LeadershipTips #Entrepreneurship #SmallBusiness #FiringEmployees #TeamManagement #BuildYourBusiness #BusinessGrowth #HRLeadership #WorkplaceCulture #MattReynolds #ChrisReynolds #DifficultConversations #Delegation #TurnKeyCoach PS - Coach Smarter, Earn More: https://bit.ly/3X4ixOX Matt's Links Website: https://ryanmattreynolds.com/ Instagram: https://www.instagram.com/reynoldsstrong/?hl=en Chris's Links: LinkedIn: https://www.linkedin.com/in/chrismreynolds/
No persons identified in this episode.
This episode hasn't been transcribed yet
Help us prioritize this episode for transcription by upvoting it.
Popular episodes get transcribed faster
Other recent transcribed episodes
Transcribed and ready to explore now
Before the Crisis: How You and Your Relatives Can Prepare for Financial Caregiving
06 Dec 2025
Motley Fool Money
Anthropic Finds AI Answers with Interviewer
05 Dec 2025
The Daily AI Show
#2423 - John Cena
05 Dec 2025
The Joe Rogan Experience
Warehouse to wellness: Bob Mauch on modern pharmaceutical distribution
05 Dec 2025
McKinsey on Healthcare
The method of invention, AI's new clock speed and why capital markets are confused
05 Dec 2025
Azeem Azhar's Exponential View
Meta Stock Surges on Plans for Metaverse Cuts
05 Dec 2025
Bloomberg Tech