Startup Therapy

Letting People Go: Ego and Safety

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Sinopsis

In today’s Startup Therapy Podcast, Wil and Ryan talk about people losing their jobs. We’ve been talking about it and now it’s happening. People are losing their jobs fast and they are left with little to no option in these trying times. As a founder, what can you do to help? Are you supposed to do something somehow? People are losing their safety of a steady stream of income and the last thing they want to bring with them when they leave is uncertainty and heavy competition. If you still have the means, make it so that the transition is made easier for them. Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources: Startup Therapy Podcast  https://www.startups.com/begin Join our Network of Top Founders  Check in with us on LinkedIn | Wil Schroter | Ryan Rutan What to Listen For 00:00 Intro 00:29 It’s a hard time for employees  03:58 Our ego is attached to this sense of ownership 09:14 People always remember what they felt during a transaction 13:19 How to properly handle demoting/le