Many of you know that Logan Young left us to go work for a client, Tuft & Needle.
This move would have destroyed our company since we built Content Factory around him– the speaking, training, and major relationships.
Whether or not you agree with the ethics of that, you should already have a plan in place should this happen to you.
You have to keep the ship running, which means you need a plan in place BEFORE it happens.
My mentor, Al Casey, who was CEO of American Airlines, told me that the FIRST thing he did when taking on any job, was to look for his replacement.
Well, that’s quite pessimistic, I thought– but really, it’s smart. You want to always be replacing yourself and make sure everyone else is replaceable.
This is a plan I wrote over a year before Logan actually left.
I had an inkling that he would do this since Ajay Kandala had tried to poach him before.
But I bought him a brand new Chevy Silverado and two jet skis to stay 24 months– and I assumed he would honor that.
In case he didn’t, this is the plan we had in place to protect our company.
The lesson here is “hope for the best but prepare for the worst.
Dennis Yu
Dennis Yu is co-author of the #1 best selling book on Amazon in social media, The Definitive Guide to TikTok Ads. He has spent a billion dollars on Facebook ads across his agencies and agencies he advises. Mr. Yu is the "million jobs" guy-- on a mission to create one million jobs via hands-on social media training, partnering with universities and professional organizations.
You can find him quoted in major publications and on television such as CNN, the Wall Street Journal, Washington Post, NPR, and LA Times. Clients have included Nike, Red Bull, the Golden State Warriors, Ashley Furniture, Quiznos-- down to local service businesses like real estate agents and dentists. He's spoken at over 750 conferences in 20 countries, having flown over 6 million miles in the last 30 years to train up young adults and business owners. He speaks for free as long as the organization believes in the job-creation mission and covers business class travel.
You can find him hiking tall mountains, eating chicken wings, and taking Kaqun oxygen baths-- likely in a city near you.