On the latest installment of Through the Wealth Lens, we're discussing a topic that isn't covered as much, in every day wealth management practices, but applies to a majority of entrepreneurs and business owners!

How should you properly compensate the entrepreneur/owner, as well as his or her valued employees?

Being able to answer this question and implement a system does not happen overnight, but we'll discuss what steps you should be taking and considering along the way!

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:35 - Why it's so important for entrepreneurs to be making smart compensation decisions

3:18 - The six steps of implementing a trusted system

7:16 - Methods for achieving motivation among employees

8:35 - Additional guidelines that can point entrepreneurs in the right direction

10:25 - An example of an entrepreneur utilizing these strategies

12:07 - How you can get in touch with Hannes and his team for a further discussion

13:26 - Closing remarks

Connect with Hannes Grascher:

Website

LinkedIn