Why are you REALLY leaving me? On Bullsh*t reasons.
Bonnie Chung
Recovering Entrepreneur | Founder of Miso Tasty | Writer | Mentor to Startups
After a decade in business, there are times when you cannot believe what you are hearing.
You listen to their reasoning, but it just doesn't feel right.
You want to ask - "Why are you REALLY leaving me?"
Being Honest is being Kind
I hate being dumped - who doesn't?
But worse than that, is being dumped for a bullsh*t reason.
You can sense they are hiding something - the answer is too polished, almost cliché.
This week's post has been prompted by a friend telling me about an investor they have been courting for almost 12 months, decided against investing because they are "almost 70 years old and want to slow down".
Erm.... I am pretty sure they were almost 70 years old a year ago, too!
I was annoyed for my friend - a bullsh*t reason doesn't help anyone. I suggested that he pushes for proper feedback. The last year spent on this person does not need to be a waste.
It dawned on me that I have been on the receiving end of bullsh*t reasons before, and I wanted to dig into this.
Top Bullsh*t Reasons
Here are some seemingly legit reasons for someone to leave your business:
Sound familiar? Feel yourself nodding, smiling through gritted teeth and saying "I understand" ?
The truth hurts but at least you can deal with it
Gratefully, I have been on the receiving end of real reasons too - ones I can actually learn from.
While these reasons are gutting to hear, they are incredibly helpful to a business.
I would hold back the tears and feel instantly regretful. In these moments, I would see that there are things that need to change, like urgently! But there are also many things that are outside of my control and are not going to change anytime soon.
If you tell me the truth, I will be grateful to you. The suffering stops and a plan of action takes over. Without it, there is only pain.
领英推荐
Give me pain, not suffering
When you are given a bullsh*t reason, you suffer.
What did I do wrong? You imagine the worse. Was it something I said? Could I have prevented this? How big is this problem, really? You are searching in the dark for a clue.
I don't mind pain, but I do mind suffering.
The truth is painful - it forces us to admit the responsibility we have in someone else's decision. You ask yourself if you took anything for granted.
In busy start-up life it is incredibly easy to move on fast, as if it never happened, without any post-mortem. You can bury your head in the sand by distracting yourself - recruiting for the role, communicating to stakeholders, and quickly moving on.
You can even harbour resentment about the decision, and carry a "it's their loss" attitude, all while smiling on the outside. I can tell you that this is not good for the soul.
A fear of awkward
Nobody loves a confrontation.
It's so much easier to give a generic, acceptable reason. By doing so, there is no need to defend the decision meaningfully. All awkwardness is spared.
A tougher reality to accept is that maybe these people simply don't care. Or rather, they don't care enough to share the truth with you. They have decided to withdraw from any further investment into the relationship. And that definitely hurts.
Is this all my fault? Well, kind of.
I have done many an exit interview in my time, but I think I could have done more and better.
I am not sure I was very good at having these conversations because I was always a bit afraid of what will be said. I would tentatively suggest a chat, but try to keep the meeting as short as possible.
As a Founder, you really have to create an environment for the truth to be feel welcome.
It was my responsibility to create an environment where the truth comes out naturally. I sometimes got this right, but I also got this very wrong.
Too many relationships end without an honest conversation about why it wasn't working.
I hope that you have the courage to dig deeper than I did, beyond the reasons that are presented at face value. This is where a lot of value lies for you and your business and you would be a fool not to seek it out
- they might not owe you the truth, but you still deserve it.
Have you built a business where the truth is encouraged? Are there any consequences to the truth being shared and discussed? Have you listened to some bullsh*t reasons in your time, and how have you responded?
Thank you for subscribing to Not My First Rodeo! Please comment if this post resonates with you. Very keen to know what topics to focus on, and to hear what you think!
Food & Drinks Advisor | Export Champion | Founder Nix & Kix Ltd
1 个月Being honest and authentic was super encouraged in the business. I never quite left the German directness and straight talking behind me, despite 20 years in the UK. When I interviewed I was always very honest about that and that this kind of culture is not for everyone. We had quite a few people over the years who said they'd welcome it and then few months in they realised it wasn't for them. I had a couple of cases in regards to team (George Markham ??) where I do believe it was genuine that they weren't looking but got headhunted. Simply because they are great, they made a name for themselves in the industry and got noticed. It's painful when it happens but equally I always felt proud knowing that I played a role in their development.
Senior Manager, Global Foreign Exchange and Commodities at AGCO Corporation; Co-Founder, Homewrecker Pimento Cheese
1 个月I loved reading this, Bonnie Chung. One of the most important early conversations that we ever had at Homewrecker Pimento Cheese was a brutally honest, detailed NO from an experienced ex-City banker before we landed our first pre-seed investment. Instead of leaving us wondering why he wouldn’t invest, he gave blunt-but-thoughtful feedback that helped us refine our pitch and our offering, and within weeks we landed our first major investor. I’ll forever be grateful for that honesty; it changed the course of our business and led to the success we were chasing, even if it stung to hear at first. Thanks for the reminder that there is a direct relationship between success and one’s willingness to have tough conversations!
Therapist ??, Journalist ????, Founder of tgthr ????
1 个月Great newsletter Bonnie! Loved the bit about confrontation: in therapy we try to get people to see that the threat of a confrontation is really just that: a threat. 9 times out of 10 sharing information that is painful may cause upset but can also open a window to connect with the other person in a meaningful way. Great job!
Founder of Plantside - Spreading Joy and happiness through food ??????
1 个月Totally resonate with this. Having been an employer for 23 years I totally feel you, however maybe cut the 70 year old investor some slack. I've mainly employed younger people but I have had experience with a few that are older, on occasion past the usual retirement age. It's not that they don't mentally want to be involved but physical ability can became a problem, often with little warning, meaning their priorities change overnight. Someone who really wasn't planning on retiring one week may have a health scare the next but doesn't want to share specific details. This can also happen to young people too. Yes it is incredibly hard when you know you haven't received the genuine reason and it often leaves leave you doubting yourself and or the job role. But often its not you, it really is them, just for reasons they don't want to share.