We lost 70% of our revenue… Here’s what happened
In December 2022, just three days before Christmas, our biggest client called and terminated all of their contracts. In that 20-minute phone call, we lost 70% of our revenue. Each day, our newsfeeds are plastered with articles about giant tech layoffs, but for every one giant business going through cutbacks, there are hundreds of small businesses facing the ripple effects of these events. So what did we do? How did we bounce back? Truth is… we haven’t. At least not yet. Instead, we are buckling down and preparing for a season of “war-time.” Tune in to hear how we handled our own cutbacks, and how we are thinking about moving forward. Mentions We had to lay off several amazing employees during this time. These people are experts in their trade, great team players, and a powerful addition to anyone’s content team. Please check them out below: For an expert people manager, storyteller, and all-around great human: Dan Rutty For a reliable video editor who delivers on time every time: James Powell ([email protected]) For a creative, experienced, knowledgeable content creator: David Sniadecki For one of the smartest, most competent producers you’ll ever meet: Erin Stenhouse
Mission Daily · Albert Chou, Stephanie Postles, Mission
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Show Notes
In December 2022, just three days before Christmas, our biggest client called and terminated all of their contracts. In that 20-minute phone call, we lost 70% of our revenue.
Each day, our newsfeeds are plastered with articles about giant tech layoffs, but for every one giant business going through cutbacks, there are hundreds of small businesses facing the ripple effects of these events.
So what did we do? How did we bounce back?
Truth is… we haven’t. At least not yet. Instead, we are buckling down and preparing for a season of “war-time.”
Tune in to hear how we handled our own cutbacks, and how we are thinking about moving forward.
Mentions
We had to lay off several amazing employees during this time. These people are experts in their trade, great team players, and a powerful addition to anyone’s content team. Please check them out below:
- For an expert people manager, storyteller, and all-around great human: Dan Rutty
- For a reliable video editor who delivers on time every time: James Powell ([email protected])
- For a creative, experienced, knowledgeable content creator: David Sniadecki
- For one of the smartest, most competent producers you’ll ever meet: Erin Stenhouse
Email us -> [email protected]
Work with us -> https://www.missionsponsors.com/
Follow Stephanie -> https://www.linkedin.com/in/stephaniepostles/
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