Indefinite Growth Is Not Healthy for a Business or a Life
Asked how to fire clients without damaging an agency's reputation, Ferriss says founders often begin with clear personal objectives and then lose them inside quarter-by-quarter growth thinking. He argues that the correct move may be filtering for low-maintenance clients and ceasing unnecessary outreach rather than dramatically dismissing most customers.
- Founders can lose sight of why they created the company
- Quarter-by-quarter growth can replace independence or control as the objective
- The useful split may differ from a literal 80/20 ratio
- Filtering for low-maintenance clients is more important than dramatic firing
- Stopping unnecessary contact need not create bad will
“I don't think indefinite growth is a is a smart or healthy thing in business or personal life.”
“It's just a matter of of not creating activity, so just contacting them that you really don't need to create.”