How a Paid a Quit Strategy Can Reveal Your Most Motivated Employees

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Timunas: I was reading a article on a pay to quit strategy. It's basically the idea that once a year or to a certain group of staff, you give them the option of like, Hey, we'll give you five grand to leave the business. He says he finds it interesting because it does make the assumption that if you don't take the money, then you're highly motivated. Timunas: Well, what about you? What's your last call? You can use some of those tools as a people manager.

There comes a time in every analyst's career where they consider starting up their own consultancy. Or, if not that, then at least joining an agency or a consultancy. The nature of most businesses is to grow, and with growth comes the potential for an "exit." This episode dives into that world in an attempt to demystify some of the ins and outs of the acquisition of analytics consultancies, from the owners' perspectives, employees' perspectives, and acquiring companies' perspectives. Since these are all perspectives that none of your dear co-hosts really have, Bob Morris, the co-founder and managing partner for Bravery Group, joined us for a discussion of EBITDA, TTM, CIMs, and even aspects of the space that are not captured by acronyms! For complete show notes, including links to items mentioned in this episode and a transcript of the show, visit the show page.