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
Debunking 3 Goal-Setting Myths So You Can Succeed in 2024
Discover the Best Real Estate Investment Strategies for High-Income Earners | Letizia Alto
2024 Real Estate: How to Stabilize Your Assets for Ultimate Success (Part 2)
This TikToker Is Restoring a 500-Year-Old Village House in France | Mollie Hale
2024 Real Estate: How to Realign Your Investment Strategy for Ultimate Success (Part 1)
Why Now is the Best Time to Invest in REITs | Ange Matthews
Beyond Price: The Art of Negotiating Terms in Real Estate
How to Move Beyond Fear: A Guide for Women Entrepreneurs | Fatima Omar Khamissa
How to Recover from Burnout: A Guide for Women Entrepreneurs
What Sets the Wealthy Apart | Jessica Lawrence
The Top 3 Myths About Leadership
Leadership Skills Every Successful Investor Should Have | Alecia St. Germain
How to Overcome the 'Missing' Feeling in Life and Business
Reclaiming Financial Control in Today's Economy | Allison Baggerly
How to Avoid the 3 Most Common Pitfalls with Partnerships
Converting Short-Term Rentals to Assisted Living | Antoinette Munroe
Embracing Change in Today's Real Estate Market
How to Raise Money With ZERO Experience | Raquel Adkins
The 3 Most Common Challenges Women Face When Raising Funds for a Real Estate Investment
Cracking the Code: How Leila Hormozi Built a $200 Million Empire
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