E249: How Our Filipino Team Reacted to the ColorIt SaleMay 16, 2019 in Ecom-Crew-Podcast
While the process of selling a company is mostly between the buyer and seller, most people forget that it also greatly affects the people on the front lines of running a business: the employees.
In this episode, which is the 4th and last installment of the ColorIt series, we bring our Filipino employees working on ColorIt to the limelight to talk about how they felt about the sale, how they dealt with the transition, and the aftermath of the deal that is going to transfer them over to another company.
Also joining us in this episode is Nirav, the co-founder of the company that is going to run ColorIt moving forward.
- How Filipino employees react when they learn the company they’re working for is being sold
- Making sure you’re not uprooting your employees’ lives in the event of a sale
- How our manager handled the transition and kept morale high
- What we’re doing to keep employees motivated under the new owner
Thanks for listening to this episode! Until the next one, happy selling.
Michael started his first business when he was 18 and is a serial entrepreneur. He got his start in the online world way back in 2004 as an affiliate marketer. From there he grew as an SEO expert and has transitioned into ecommerce, running several sites that bring in a total of 7-figures of revenue each year.