I started my startup 4 years ago. At the time I didn’t know much about tech and although we are profitable we experienced massive scaling issues.
I now hired a new team and replaced my whole previous team (10 people) with better ones. The process took 8 months and was rough for all sides. The fault is clearly on my side as I hired these people before, but once I saw that they couldn’t perform the tasks I wanted them to do it was clear to let them go. As an entrepreneur, you have to sometimes decide between going bankrupt or letting everyone else go.