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Growth and Turnaround Share Same Rules

Name: Growth and Turnaround Share Same Rules
Uploaded: 2025-09-15T12:01:43+00:00
Duration: 57 s
Channel: Mick Hunt
Description: Mick Hunt argues that turnarounds and high-growth companies follow the same rules. Both replace about 60% of staff, but growth companies impact 80% of…

15 Sept 2025 · 1 min

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Mick Hunt argues that turnarounds and high-growth companies follow the same rules. Both replace about 60% of staff, but growth companies impact 80% of people over three years while turnarounds impact 50%, because rapid expansion forces constant change.

Questions this video answers

About 60%.

At least 50%.

About 60%.

About 80%.

Chapters

When you know you come from the rough and tumble side, what you have to realize is you can't change the way people look at you. You have to leverage the way they looked at you. And when you came from the rough and tumble side, they said, okay, we'll throw you into that. You'll be able to handle it. So turnarounds were easier for me because they said, this kid will, he'll figure it out. Growth companies are kind of the elite, right? Once you've made your reputation, people say, oh, this guy's done it before. Let me put him in there. What's really fascinating is they're exactly the same. They're exactly the same. In a turnaround, I'm going to replace 60% of my staff, and I'm probably going to, in some way or another, impact at least 50% of the people in the company to a large extent. Whether you get rid of them or you upgrade them or you train them or things like that. It turns out in a growth company, over the first three years, you took a grow a company, you're going to change 60% of your staff and you're going to impact 80% of the people because you're growing so quickly.