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Rebuilding Your Business, When Key People Leave.

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Berel Solomon avatar
Berel Solomon

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rebuilding my human capital I think one of the reasons why I've always been relatively successful here online sharing my journeys because I've always been honest I've been reluctant to share this but hey what do I have to lose so I'll tell you what's been happening for the past probably three or four months I had three key people at my company one of my top guys he ended up going off on his own and doing freelance I'm very happy for him he's doing well but that left me without one of my top guys second person in command she ended up getting a job at some big Hollywood production house I couldn't let her not go she could not go she ended up going third person in command who replaced both those people is getting married in a few weeks were so happy for her and she is going on to go build a beautiful life and after her honeymoon she's going to come back but in the meantime that leaves me in an interesting position I'm sure you could understand so when I first started this company I remember I was alone obviously and then my first hardier was a girl who worked from half-dazed and she helped me with little odds and ends just getting them together a little accounting a little client relations you know a little bit of everything and then as the eyes I needed more help I hired on a full full-time person and she sort of fell away and then hired another one and another one another one and I'm always when you first start out you can't really get the best people to work for you because nobody really believes in you yet unless you give them equity right so it's really you're really hiring anybody that you could find and we sort of trained people internally to do the job as as time goes on so now I have the opportunity to rebuild my infrastructure in my company as you guys probably know by following me that I'm trying to take this thing 225 million dollars I will take this thing 225 million dollars with God's help in the next 36 months we're gonna grow 10 times from 2.5 million in sales a year to 25 million a year so my strategy is to now that I have this opportunity to find new people is to find the best people I could find not people that necessarily I have to train but people that are gonna come and train me right now I could first of all afford the human capital pay I could afford to pay the right salaries because we're established and also people will believe in the company because we we've been around for almost three years and we pay our bills nobody ever misses paychecks and we have a good reputation and we're growing so now I'm looking for really high quality executives really high quality people that have tons of experience and I'm actually really excited so I was upset about this to be honest with you I was upset about having to restructure my company because once you're rolling you're rolling no one wants to have to take their foot off the gas for a second especially I'm not that type of guy but I've taken my foot off the gas for for a week or two to retool or maybe even three to retool my company now bring on really great executives to help us get to that next level so I'm super excited about it one thing that I realized throughout this whole journey is that your people are everything you know you hear business owners say this all the time I never really understood it until now you could you're you can only sell what they could produce and you can only produce as much as they can produce the better the people are the better the company is and I'm finally understanding that now as a business owner hope this brought you value god bless have a wonderful weekend