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
--
⚡ Join the InvestHER Movement
Get your ticket for InvestHER CON 2024: https://www.therealestateinvesther.com/investhercon
Join our FREE Facebook group for women in real estate today: https://www.therealestateinvesther.com/facebook-community-group
Join the InvestHER Community: https://www.facebook.com/groups/therealestateinvesther/
Apply for your STRIVE Membership here: https://www.therealestateinvesther.com/membership
Join our InvestHER Meetups: https://www.therealestateinvesther.com/meetups
Schedule a discovery call with us: https://mentorship.therealestateinvesther.com/
--
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!
Learn more about your ad choices. Visit megaphone.fm/adchoices
The Top 3 Reasons Why Your Business Isn’t Growing
How a Wealthy Mindset Can Help You Achieve Financial Freedom | Kim Kiyosaki
The FIRST Person You Should Ever Hire as a Real Estate Investor
How to Revive Dilapidated Properties Despite Rising Costs | Katie Neason
The ONE Skill You Need to Succeed in the 2024 Real Estate Market
How to Use Hard Money Loans for Real Estate Investing | Anne Curry
My Single Mom's Journey to Becoming a Better Investor
Overcoming 400 Rejections to Raise $3.9 Million | Madison Rifkin
Why You Should ALWAYS Invest in Out-of-State Real Estate
How to Shift Your Mindset to Scale Your Business and Grow Exponentially | Julia Pimsleur
4 Must-Dos Before Your Next Real Estate Investment
How this Remote Real Estate Investor Started Her Investing Journey at 16 | Sarah Miskelly
How to Reduce Your Daily Stress Without Sacrificing Progress in Your Life
Scaling from 1 to 32 Rentals in One Year With Whole Life Insurance | Katie Bargetto
2 Things You Can Do Today to Thrive in 2024’s Real Estate Market
The Only Short-Term Rental Strategies You Need in 2024 | Heather Loduca & Erin Donnelly
The Top 3 Best Mental Health Tips for Women Entrepreneurs
How Psychedelics Can Help You Improve Your Mental Health and Productivity | Veronika Gold
The 3 Steps to Making the RIGHT First Hire | Team Building 101
How to Navigate Your Finances Without Fear in 2024 | Cheryl Heller & Nikki Fraser
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
BiggerPockets Real Estate Podcast
BiggerPockets Money Podcast
Real Estate Rookie
BiggerPockets Business Podcast
BiggerPockets Daily