EPISODE · Jan 21, 2021 · 46 MIN
A Brutal Business Failure: The Day I Fired 33 Employees
from We Live to Build
This is the story of a brutal business failure: the day I fired 33 employees in a single meeting. In this brutally honest interview, serial entrepreneur Adam Robinson shares the painful lesson he learned about the vanity metric of headcount and the dangers of scaling too quickly. This conversation is a must-watch for any founder who feels the pressure to grow fast. You'll learn Adam's new philosophy of "less people and more revenue," why he believes your intuition is a horrible way to validate a business, and his #1 rule for new founders: "put off everything as long as humanly possible" to conserve cash. Check out the company: https://retention.comBook a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory👀 CONNECT WITH SEANSubscribe: https://www.youtube.com/@seanweisbrotLinkedIn: https://linkedin.com/in/seanweisbrotInquiries: [email protected]🕒 CHAPTERS00:00 - The Day I Fired 33 Employees 04:22 - My First Startup: The "Smile and Dial" Growth Strategy 10:00 - The Mistake: Ramping Up Hiring on a Bad Bet 17:09 - The Firing: "If You're In This Room, You're Fired" 21:59 - The Lesson: "Less People and More Revenue is the Goal" 39:52 - My #1 Rule for New Founders: Put Off Everything 45:32 - Why Great People Are 10x Better Than Great Systems 📈 WORK WITH ME▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate▶ My AI/Automation Agency: https://optimai.aiLeave a Review (it truly helps us grow): https://welivetobuild.com/review Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
This is the story of a brutal business failure: the day I fired 33 employees in a single meeting. In this brutally honest interview, serial entrepreneur Adam Robinson shares the painful lesson he learned about the vanity metric of headcount and the dangers of scaling too quickly. This conversation is a must-watch for any founder who feels the pressure to grow fast. You'll learn Adam's new philosophy of "less people and more revenue," why he believes your intuition is a horrible way to validate a business, and his #1 rule for new founders: "put off everything as long as humanly possible" to conserve cash. Check out the company: https://retention.comBook a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory👀 CONNECT WITH SEANSubscribe: https://www.youtube.com/@seanweisbrotLinkedIn: https://linkedin.com/in/seanweisbrotInquiries: [email protected]🕒 CHAPTERS00:00 - The Day I Fired 33 Employees 04:22 - My First Startup: The "Smile and Dial" Growth Strategy 10:00 - The Mistake: Ramping Up Hiring on a Bad Bet 17:09 - The Firing: "If You're In This Room, You're Fired" 21:59 - The Lesson: "Less People and More Revenue is the Goal" 39:52 - My #1 Rule for New Founders: Put Off Everything 45:32 - Why Great People Are 10x Better Than Great Systems 📈 WORK WITH ME▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate▶ My AI/Automation Agency: https://optimai.aiLeave a Review (it truly helps us grow): https://welivetobuild.com/review Hosted on Acast. See acast.com/privacy for more information.
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A Brutal Business Failure: The Day I Fired 33 Employees
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