The Real Estate InvestHER Show
Business:Investing
EPISODE 463: Real estate is inherently a people business, and that means that when the time comes to let go of one of your team members (and believe us, it will come), it can be quite the difficult decision to make.
However, if you’ve set clear expectations and measured performance objectively, then you should be able to make the right decision for you, your team, and your business.
The act of firing someone should never rely on your personal feelings. We know this is easier said than done, which is why we’re here to help!
In this week’s minisode of The Real Estate InvestHER Show, we’ll be sharing with you five extremely important questions you should ask yourself before deciding to fire someone.
The answers to these questions will help you make the right decision in a fair and objective way —free from the cloud of personal bias.
Ready to learn more?
Then tune in now!
Key Takeaways:
Introduction (00:00)
Did you provide a clear scope of work? (02:04)
Do you have clear KPIs in place? (04:09)
Is this person taking ownership of their role? (05:37)
Is this person taking from your plate or adding to it? (08:10)
Additional Resources:
✨ Check out our episode with Anna Li on how to hire your first assistant: https://www.youtube.com/watch?v=XeXwPCgbtz4
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The Real Estate InvestHER Show is a podcast by women for women all over the world who want to learn how to invest in real estate, grow their portfolio, and develop the mindset that allows them to run successful businesses while taking care of their families and – most importantly – taking care of themselves. Follow us for more!
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