I believe that every business has make or break decisions. Firing, hiring, selling, pivoting can be crucial. Adapt or die as they say.
For me firing and deciding to do the work myself (fix ‘n’ flipper) hurt short term but paid off huge in the end. For my other business (video production/editing) I’m thinking about hiring for the first time (any suggestions would be welcome.)
What was your best decision for your business?
Firing unqualified people who never wanted to learn (even if they had all the resources), I learned that many times a small but responsible team is better than many “professionals”.
After that I started to slowly regain stability, I am on my way, but slowly. We also closed our marketing agency business line and we have built two saas, it’s been a crazy road, but for sure it will improve little by little.