What’s the best way to fire an employee?

Fred Wilson (Co-Founder and Partner at Union Square Ventures)
MBA Mondays: Asking An Employee To Leave The Company – AVC

1) Be quick – once you’ve made a decision to let someone go, move quickly to do it. 2) Be generous – Unless the employee has acted in extreme bad faith or done something terribly wrong, I like to be generous on the way out. 3) Be clear – Do not beat around the bush. Start the conversation with the hard stuff. 4) Get advice – There are some situations where the company has some potential legal exposure in these situations. 5) Communicate – Once t… (read more)