Morning beehiivcommunity! This newsletter turns experience into lessons you can use in your own startup. We help you hone leadership skills and maximize growth opportunities.

^{Prune Customers for Fast Growth}

"Toxic business relationships can suck the life out of your company and prevent growth." – John White

90% of startups fail. How can you ensure yours thrives?

Over the next few weeks, we will cover the five crucial execution pitfalls in your startup and how to avoid them. Today is our second execution pitfall in the series: customers.

Just as pruning dead branches encourages tree growth, you may need to remove customers who hinder progress and distract your team.

Many founders obsess over acquisition, so removing any customers might feel counterintuitive to growth. However, it’s necessary to reach the next level.

Today’s post outlines reasons to fire a customer, steps for a smooth process, and ways to prevent similar situations in the future.

Expert Tips for Startups
Quick, valuable insights from accomplished founders

How to Automate and Improve Valuable Team Input

Traditionally, employee input has been limited to clumsy HR surveys used during performance reviews. 

However, the cost, delay, and time associated with rigid, survey-based feedback are increasingly burdensome. These systems ignore any input about cost avoidance, process improvement, or other ways to improve the business from people fully engaged.

A growing trend is to "operationalize" employee input by gathering it more frequently and integrating it into daily workflows. Ansel explores this approach and its benefits in SHRM (Society for Human Resource Management).

Ansel Duff is the founder of Fordi, an AI software system that automates how organizations collect and process team input.

Before You Go!

Accelerate your growth and remove bottlenecks with expert-driven strategies and connections—at a fraction of the cost. We've guided five successful M&As in the past ten years across diverse sectors and can do the same for your startup.

Book a free 30-minute call HERE to see how we can help.