Brian Scudamore fired his entire 11-person team at $500K in revenue
Brian Scudamore · 1-800-GOT-JUNK?: Brian Scudamore · Apr 17, 2017 · at 14:46
Brian Scudamore is the founder and CEO of 1-800-GOT-JUNK?. He recounts the early leadership crisis that led him to completely reset his company's workforce and culture.
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“Five years in, we were about a half a million in revenue, and I realized I wasn't having fun any longer. I was avoiding spending time with my employees, and I just, I had the wrong people, and I realized that one bad apple spoils a whole bunch, and I had nine of my 11 staff were bad apples, so I just decided to clean house, and I got rid of everybody, and I did it in one sitting”
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1-800-GOT-JUNK? was 90 days from bankruptcy before laying off 52 employees
“We couldn't have been closer. I mean, I would have given us another 90 days if we'd continued down that path. We had overspent so drastically. On big bets that didn't pay off, and I had to hunker down. I had to lay off 52 people.”