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- I lost $1.5M because I ignored my gut
I lost $1.5M because I ignored my gut
Here’s what I learned so it never happens again
Everything was fine for my company, Single Grain Marketing. Clients were coming in, and the team seemed solid.
But behind the scenes?
I was stretched thin.
I stopped checking the dashboard. I handed over the keys—and fully abdicated, rather than delegating. I assumed the systems would handle it.
Big mistake.
One Monday, a key team member took urgent leave.
Then another one resigned.
Then another.
A week later, I got a call from a lawyer.
Turns out, someone on my team was poaching employees—and clients.
That one decision cost me $1.5 million. And I have to rebuild from scratch.
Here’s what I learned (so you don’t have to):
You can’t outsource leadership.
Don’t confuse delegation with disappearing. Leadership requires visibility and consistency.Inspect what you expect.
You can still trust your team—but you need checkpoints. Don’t hand over the keys and walk away.Culture is your moat.
If you’re not hiring based on values, you’re asking for trouble. Skills matter, but alignment is everything.Focus is your force multiplier.
I had too many bets going at once. Now, it’s one big bet at a time—and that clarity has made us faster and harder to shake.
But most importantly:
You have to trust your gut.
If you ever find yourself in the same spot—own it, learn fast, and rebuild stronger.
To building high-value teams,
Eric Siu
P.S.
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