My friend was on the verge of losing his business during the pandemic.
Sales were simply not coming!
He reached out to me.
I suggested him to be honest with his staff.
He met his staff & told them cash inflow is problem.
But he didn’t want to lay them off.
He has 14 employees.
He asked them to suggest a possible solution.
To his surprise, most of them suggested a pay cut.
As much as he didn’t want to, he had no choice.
Six months later, in October, things started to improve.
And he could afford to pay them full.
Learn to take advice from your employees.
Value their input and feedback.
Often employees know better.
