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He Fired 70% Of His Staff, Then Rebuilt A Better Company
Entrepreneur Network Podcast
English - July 08, 2019 07:14 - 16 minutes - 14.7 MB - ★★★★ - 58 ratingsCareers Business business entrepreneurship entrepreneur leadership selfhelp growth health fitness performance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Anheuser Kush: A Descendent of the Beer Dynasty Creates a New Bud
How do you regain your employees' trust? It was a question Eric Wheeler wrestled with after his company, 33Across, had to pivot and lay off 70% of his workforce. He needed to keep his remaining talent focused, and recruit new people to execute a brand new vision. So he tried something new: Radical transparency. He'd start sharing all the company's financial secrets. And it worked.