A few months ago, I made a tough decision to fire an employee for the first time. Haden's third point "Rescue your worst employee" is out of sync with the common line that as an entrepreneur you never lament firing someone too soon. Haden's point is that it serves you, the employee, and the business well to work on mentoring and coaching, with the concession that "sometimes it won't work out" but "the effort is its own reward."
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I'd like to think that I am a stronger entrepreneur for having worked with him, the company has grown, and that believe it or not the former employee gained both valuable experience and increased self-knowledge. It's like breaking up with a lover after a couple years. You don't have to regret the time and energy expended in order to understand that the time has come to an end.
As Carole King sang:
There'll be good times again for me and you
But we just can't stay together, don't you feel it, too
Still I'm glad for what we had and how I once loved you
I think it's important as entrepreneurs not to forget our humanity. I like Haden's view that we should always remember from whence we came, and be gracious.
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