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Top of Mind: November 2, 2017
November 3rd, 2017
by Bill Boyajian

When to Terminate

One of the hardest things to do in any business is to terminate an employee.  It’s even harder if the employee is a family member.  Here are some thoughts on termination.
Let someone go if:

  • You are miserable.  When the value an employee brings is over-weighed by the frustration and anguish they cause – and you feel – it’s time to part ways.
  • The person is disgruntled.  Unhappy people make others unhappy.  It’s a cancer that spreads within your business or department.  You will be better off if they’re gone, and so will they.
  • You’ve done everything you can to save them.  People deserve a fair shot at succeeding, but if you have given them every opportunity to do well and they just haven’t responded, termination is the answer.
  • They haven’t performed according to the specific criteria you have identified for them.  It then becomes fairly easy because they effectively end their own employment by failing your well-documented expectations.

Terminating employees is hard, both emotionally and tactically.  But it must be done periodically to enhance the likelihood of your team’s overall success.


Here are a few Business and Life Tips to think about….

Business Tips:

  • The people closest to a business problem often have the best understanding of it. Ask the right questions and listen to your staff.
  • Good people leave bad bosses, but bad people seldom leave good bosses. And why should they. They’re along for a free ride.
  • “Flat” companies and organizations are moving from “managers” to coaches. Nothing is more important than coaching people.

Life Tips:

  • Blaming others for our problems won’t get us to where we need to go. Being proactive will get us moving toward solutions.
  • A bully berates people as a result of extreme insecurity and an inferiority complex. Don’t let a bully take you down to his level.
  • Who do you know that might be in need of help, who would benefit from a phone call or a word of encouragement today?


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“I needed help orchestrating a succession plan for our business. I had heard that Bill Boyajian specialized in assisting owners to transition their business to the next generation. He knows how to bridge the generation gap and deliver what each needs to hear. I would recommend Bill to any business owner who needs advice on succession planning from a trusted outside professional.”

–Charles Denaburg,
Managing Partner,
Levy’s Fine Jewelry
Birmingham, AL

"Our family needed some guidance on business transition and succession planning. We asked Bill Boyajian to help us because we knew we could trust him to tell us what we needed to hear. Bill became a valuable resource for our company and our entire family. He has the ability to meet each of us where we’re at and it has served us very well."

–Ceylon Leitzel
Leitzel Fine Jewelry
Hershey & Myerstown, PA

“We needed a plan to transition our business to a non-family member and we asked Bill Boyajian to help us. His experience in the area has really paid off, but we didn’t expect the added value of putting us together with a financial planner who helped organize our retirement needs. We now have the fundamentals to transition our business successfully, and we have Bill to thank for it.”

–Ernie & Debbie Cummings
Kizer-Cummings Jewelers
Lawrence, KS