This excerpt captures leadership advice from Kevin 'KG' Gaither urging leaders to decide quickly during difficult times, prioritize cash flow ('cash is king'), consider unwinding offer letters or making cuts to sustain the business, and to identify 'two-way door' (reversible) versus irreversible decisions.
Make your decisions as quickly as possible. Decide whether or not this is going to be, you know, impactful to your business or not. And sometimes, you know, you got to be nice, but not that nice. And so, you know, unwinding these offer letters and going, that's the right thing for the business. Because you know what? Cash is king. If you're the CEO and heads of sales should think this way, too, by the way, you should think to yourself, cash is king. Cash flow for our business is key. So, you know, I need to make these cuts. Can I help sustain the business? There's so many variables to this. But make your decision. Look for your two way doors when you're making those decisions. And remember, cash is king. Because if you're out of cash, you're out of business. And everybody goes.
#shorts THE POWER OF RECOGNITION: How Do You Empower People with Zoe Hartsfield
