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EntreLeadership · 2025-08-11 · 39 min · 7,012 words

Our Business Is in the Red (Is It Time to Lay People Off?)

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From the headquarters of Ramsey Solutions, this is the Entree Leadership Podcast, where I take calls from leaders like you about what it takes to win at any stage of business and leadership. I'm Dave Ramsey, your host with over 30 years of experience leading in the trenches right alongside you. I was doing this. If you got a question you want to ask on the show, fill out the form on entree leadership.com/slash ask or call and leave us a voicemail at 844-944-1070. 844-944-1070.

Brian is with us in Grand Rapids. Hey Brian, how are you? Hey, Dave, better than I deserve. How are you, man? Just the same, sir.

What's up? Well, uh, I run a consultant firm uh here and uh have about six employees. Uh last year we did about $2.5 million in revenue. And uh the problem that I'm running into right now, Dave, is that since fourth quarter uh last year we've seen a significant dip in revenue due to economic factors that's happening here in Michigan. and um suffered a pretty substantial loss in Q1 of this year and uh I'm considering reducing my my staff headcount.

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