In 2015, Dan Price, the CEO of Gravity Payments, announced that he would take over a $1 million pay cut and raise the minimum wage for everyone at his company to $70,000. Now five years later, he joins us to discuss cutting his salary again, this time to $0, to keep his company and employees afloat during the COVID-19 crisis. He shares details from their brainstorming session during this difficult time, and the way the Gravity Payments team has come together will truly wow you. Dan also reflects on the publicity he received after his big announcement, the lawsuit that followed, writing his book “Worth It,” growing up in a religious household, and much more.
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