Last week we spoke to a handful of “depressed” business owners.
By the end of the week, there was a picture that these conversations painted in my mind. It was a visual of someone sitting alone, sad, crying in a cheap motel room. In the background a sad country song plays on the radio. In this visual you also see a half bottle of whiskey (presumably half recently consumed), and the person is holding a pistol in one hand and a picture of their family in the other.
Let's talk about why these business owners were having the feelings and conversations that created this image in my head. They were experiencing some variation of the following key theme issues:
Partner Issues- They were lacking good, strong, solid contracts, creating situations of “divorce”.
A key employee left and devastated the business.
Employees Issues- Various issues around how to pay them and/or how to get rid of the bad ones.
Non-existent H.R. -- No H.R. Structure what so ever
Stock Market is up and down- We can’t help with that, sorry!
Sometimes using H.R. can help you see all of these issues (except Stock Market).
If you need us, please give me a call.
Turning Point HCM