How do you fire a long time employee?

And without looking like an a**hole?

For leaders and managers...

Here's my personal guide to firing a team member:
Before we begin, some background...

• I will share what I did, from experience

• I've only needed to execute 3 fires in my career, fortunately

• I'm a General Manager of an 8 figure digital marketing company in Singapore

Take what works for you. Dump the rest.

Let's go:
1/ Be mentally prepared to look like an ass

You have your own reasons to fire her.

It's likely logical to you.

But she could see things a different way.

As a leader, there are times you'll be deeply misunderstood.

It's part of the terrain.

Welcome to management.
2/ Write down your reasons on paper beforehand

This forces you to crystalize your thoughts.

Makes you objective.

What sounds great in our heads could look weak on paper.

This decision involves her livelihood.

So take it seriously.
3/ You must do this YOURSELF

You cannot outsource this to HR.

She won’t remember every day she worked for you...

But she'll remember the day you fired her. Down to the last detail.

She busted her ass working for you.

Have the courage to let her go yourself.
4/ Script and rehearse

I'm not one to script things.

But when it comes to firing, I make an exception.

They will remember this conversation for a long time, so you need to get it right.

This also prevents you from misspeaking
5/ Before you execute the firing, remind yourself that you are human

Like your employee, you're fallible too.

In fact, you're also at fault.

Either you didn't train her well, or you matched her to the wrong role.

It's not all on her.

Have compassion before going in.
6/ When meeting her, sit opposite.

Not beside. Not diagonally across.

But directly opposite.

Position matters.

This sets the tone physically.
7/ "I've called you in here for a difficult reason..."

I like to open with this.

It sets the context for what's about to come.

She knows what to expect.

This will be a tough conversation.
8/ Share your reasons, but be quick.

This is NOT the time to give detailed feedback.

That should have been done in the 1-1s and performance reviews before this.

She already knows what's coming. So keep it short.

Be clear on your reasons.

And don't sugarcoat it.
9/ Use decisive language

Say "I have decided".

Not "I think... I plan... I intend to".

This is a firing. Not a performance review.

Do not leave the discussion open ended.

This is non-negotiable.
10/ Have the severance package ready on hand

Once she hears the news, the conversation will switch in a second.

She'll stop caring about the company and its issues...

And will be focused on herself and her family.

Be ready with specific details of the severance package.
11/ Inform the team, fast

Here's the order:

Her direct colleagues, department, rest of the company

After the meeting, she'll be texting her close friends in the company.

It's crucial that the news comes from you ASAP.

Otherwise it creates chatter.
12/ Preserve their reputation

It's the decent thing to do.

As her leader, you are responsible too. It's not all on her.

You don’t make yourself look good by trashing someone who worked for you.

You cannot let her keep her job.

But you can let her keep her self respect.
Honestly, it sucks.

It's a terrible feeling to fire someone who worked for you a long time.

Nobody taught me what to do.

I had to figure out mainly from books, articles, and experience.

@bhorowitz book "The Hard Thing About Hard Things" helped me a lot.

I recommend it.
Some assumptions I made when writing the above:

• This is for firing long time employees

• You have already done multiple feedback and review sessions

• They are aware of their weaknesses.

• This will not come as a surprise.
Recap:

1. Be willing to be misunderstood
2. Write down reasons
3. Fire them yourself
4. Script & rehearse
5. Have compassion
6. Sit opposite
7. Set context
8. Share reasons quick
9. Use decisive language
10. Have severance ready
11. Inform the team fast
12. Preserve reputation
If this has been useful to you as a manager or leader...

You can hop back to the top and Retweet this.

Also follow me at @heymaxkoh

I share my experiences building high income skills in my 9-5 job...

And how I attained financial freedom before age 30.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Max Koh

Max Koh Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @heymaxkoh

30 Sep
Investing is about connecting the dots.

Many investors fail terribly at this.

So here's a thread on developing Pattern Recognition:
When starting on my investing journey at first...

I only read about the companies that

i) I already owned, or

ii) planned to own
I tuned out all the rest that did not fall into either of the two buckets.

Bad move.
Read 25 tweets
29 Sep
Why you do NOT need to quit your 9-5 job to get wealthy?

Read on...
Because you can marry someone rich. Kidding.

The real reason has to do with:

1. the type of job you pick

2. find other ways to own equity beyond starting a business.

Let's dig deeper...
FIRST: Get a job whose outputs do not match inputs.

Here's why:
Read 24 tweets
28 Sep
In early 2020, I discovered Fintwit.

I had a 6 figure portfolio.

Since then, I've grown it several fold.

And attained my own version of financial freedom before age 30.

I owe a lot to the investors here.

Here's a list of my favourite tweets I've bookmarked and revisit often:
Preface before I begin:

I come from Singapore and a family with strong asian tradition.

Since young I was taught NOT to talk about myself.

It was boastful to share my achievements in public.

I spent 1 whole year on twitter with a private account, using it only to read tweets.
I only gained courage after:

• watching @david_perell interviews that inspired me to learn in public.

• hearing @AliAbdaal recommend "Share Your Work" in his youtube videos

So here's the top tweets that have influenced my investing philosophy:
Read 29 tweets
27 Sep
Wanna quit your job to start a business? Read this FIRST.

Not everyone is cut out to be an entrepreneur.

Over the years, I've seen many smart people quit their jobs to start a business, only to see them struggle as broke entrepreneurs.

Here's the mistakes they made:
1. Technician vs Owner

Most people quit because they are good at their craft, and think they know what it takes to run a business.

Unfortunately, they don't.

To run a business, you need a range of skills like marketing, sales, operations, among many others. The full stack.
Working IN a business vs ON a business are completely different things.

One of them only requires you be a technician, the other requires you be a manager, operator, and owner all at the same time.

Most people are not prepared to wear so many hats. So they end up struggling.
Read 13 tweets
22 Sep
You don’t need to be the best. You just need to be different.

Instead of trying to be the best at one skill, aim to be decently good at several skills and combine them.

I learnt this from @ScottAdamsSays years ago and it’s fast-tracked my career and income.

Here’s why:
1/ Build your own personal monopoly

Monopoly = a niche that you can dominate.

In most companies, there will usually be somebody else who can do what you do. You're replaceable.

By mastering several skills and combining them, you become the only person who can do A+B+C.
This makes it hard to put you in a bucket.

While there are many who can do either A or B or C, you are the only one who can them all.

Because of this, there is no price anchor or comparison.

You can set your own value and it gives you leverage at the negotiation table.
Read 10 tweets
20 Sep
Best of Josh Tarasoff

@joshtarasoff is an investor who looks at businesses with a different coloured lens.

Knowing he wants to stay low key, I'm grateful he gave me the green light to write about him.

Here's my top 5 mental models from his interviews & letters over the years: Image
1. Bet on change instead of consistency

Classic Buffet: are people going to buy this product 50 years from now? Are people still gonna drink coke?

However, what I learnt from Josh is some types of changes can be predicted with more certainty.

a) Win win win

b) Dual value prop
Win Win Win

When there's a new way of doing things that benefits multiple parties, that change is more certain to endure.

Josh gives the example of Pet insurance benefiting:

• Pet owners (pay less $$)
• The vet (makes more $$)
• The pet itself

The ecosystem fluorishes.
Read 19 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(