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I was talking to my business partner about this last week when trying to figure out the best way to incentivise our new employees...
I strongly dislike paying people hourly when I'm trying to grow a business fast because that's a complete misalignment in incentives!
They work slower because speed doesn't matter to them, while I'm trying to go the speed of light...
When running a fund, this principle of aligning incentives is EVERYWHERE, and you must pull it off in order to grow your fund successfully.
By the way, if you want a free strategy session with one of my coaches, go to www.investmentfundsecrets.com/free-call today
By Bridger Pennington4.8
252252 ratings
I was talking to my business partner about this last week when trying to figure out the best way to incentivise our new employees...
I strongly dislike paying people hourly when I'm trying to grow a business fast because that's a complete misalignment in incentives!
They work slower because speed doesn't matter to them, while I'm trying to go the speed of light...
When running a fund, this principle of aligning incentives is EVERYWHERE, and you must pull it off in order to grow your fund successfully.
By the way, if you want a free strategy session with one of my coaches, go to www.investmentfundsecrets.com/free-call today