Hishem AzzouzHost Of Recruitment Mentors Podcast

The importance of surrounding yourself with the right people when the going gets tough.

Name: The importance of surrounding yourself with the right people when the going gets tough.
Uploaded: 2024-12-12T17:00:00+00:00
Duration: 43 s
Channel: Hishem Azzouz
Description: In this monologue, the speaker reflects on the shift in perception that occurs when a once-successful business begins to decline. He notes that while…

12 Dec 2024 · 1 min

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In this monologue, the speaker reflects on the shift in perception that occurs when a once-successful business begins to decline. He notes that while success attracts attention and offers, a downturn leads to isolation as people distance themselves. He emphasizes that a failing business should not be seen as a personal failure, urging listeners to recognize their past achievements. The speaker also discusses the substantial tax, National Insurance, and corporation tax contributions his company has made over time, highlighting that despite owing large sums to HMRC now, the business has paid these obligations many times before. He expresses disappointment and discomfort about the current debt but frames it within the broader context of the company's long‑term fiscal contributions.

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When you're doing well as a business, everybody wants a piece of you. But when you're then going down a route whereby people are leaving, you're not as popular as you were, and people don't want to kind of spend time with you. The business failing, that's not a personal failure. So you've got to take what you achieved over a period of time. I was working out how much tax and NI and corporation tax. It was millions and millions of— It was a vast amount of money. So the idea that we've gone under, you know, owing HMRC, it's not something I'm pleased about and it's not something I'm kind of happy about, but we paid that 50 times over, over a period of time.