EP11: The Company's Tough Decision to Layoff - Founder lessons in Leadership, Layoffs & Pivots

The Company's Tough Decision to Layoff: Founder lessons in Leadership, Layoffs & Pivots - EP11 Subscribe to our newsletter! We drop weekly hot takes, totally unfiltered. Join us at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://asompod.com⁠⁠⁠⁠⁠⁠⁠⁠ Thank you to Gorgias for sponsoring the pod. The #1 eCommerce Customer Experience platform designed to give brands the tools to create amazing customer experiences to grow your online store. Learn more at https://www.gorgias.com. Thank you to Recharge for sponsoring the pod. Trusted by over 20,000 brands, Recharge is the #1 platform for your ecommerce subscription needs.Learn more at https://getrecharge.com Building a business is hard. Regardless if it’s a brand, agency, or SaaS, we all have wild stories about how we had to fail to succeed... and layoffs. The entire podcast circles around: - Pivots and Tough Business Decisions - Discussions around Intuit’s “Performance Layoff.” - How we think companies should handle layoffs - Advice on what to employees should ask an employer In this episode of The ASOM Pod, Jimmy Kim (CIO and founder of Sendlane) and John Roman (CEO and co-founder of BattlBox), Amer Grozdanic (CEO & Co-Founder of Praella) and Bryan MacDonald (Director of Ecommerce at Oma’s Pride) dive into challenging experiences in the business world, discussing various ‘stories’ that shaped their business strategies and leadership styles. The episode covers the impacts of company cultures, the complexities of layoffs, and the critical importance of strategic pivots in uncertain times. Sharing personal anecdotes and lessons learned, they provide insights into managing both good times and bad, while maintaining a strong company culture. The episode concludes with a reflection on the evolving workforce, ethical considerations in layoffs, and practical advice for job seekers to better understand prospective employers. If you enjoyed the episode, please subscribe, share and comment to let us know you loved it! We release episodes every Thursday! 00:00 Teaser 01:13 Introducing the ASOM Pod 01:38 Meet the Hosts 04:13 Stories: Business Battles 05:22 The Importance of Celebrating Success 06:18 A Masterclass in What Not to Do 09:34 The Aftermath of Poor Decisions 14:01 The Value of Having a Plan B 18:28 The Power of the Pivot 21:51 Adapting to Larger Clients 24:37 Facing Unexpected Challenges 28:12 Struggling to Make Ends Meet 28:27 A Chance Encounter with Mika, MMAWarehouse 29:21 Building a Network from Scratch 31:39 The Harsh Reality of Layoffs 33:54 Ethics and Leadership in Business 38:54 The Evolving Workforce and Layoffs 50:42 Advice for Job Seekers 54:06 Conclusion and Future Topics Follow Jimmy Kim at: X: https://www.twitter.com/yojimmykim Linkedin: https://www.linkedin.com/in/yojimmykim IG: https://www.instagram.com/@yojimmykim Tik Tok: https://www.tiktok.com/@yojimmykim Follow Bryan MacDonald at: X: https://www.twitter.com/bryanomaspride LinkedIn: https://www.linkedin.com/in/bryan-macdonald-ct IG: https://www.instagram.com/@anythingbutasalad Tik Tok: https://www.tiktok.com/@anythingbutasalad Follow John Roman at: X: https://www.twitter.com/@JohnMRoman Linkedin: https://www.linkedin.com/in/john-roman/ IG: https://www.instagram.com/@johnnyromes Tik Tok: https://www.tiktok.com/@johnmroman Follow Amer Grozdanic at: X: https://www.twitter.com/@AmerGrozdanic Linkedin: https://www.linkedin.com/in/amer-grozdanic IG: https://www.instagram.com/@amergrozdanic Tik Tok: https://www.tiktok.com/@amergrozdanic #asompod #businesspodcast #ecommercepodcast #middlemanagement #layoffs #hiring #networking #productmarketfit #employeeretention #masslayoff #buinesstips #dtc #perspective