4min chapter

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#1146 Howard Lerman | Millionaire Reveals How He Runs Company With No Meetings

The Pomp Podcast

CHAPTER

How to Compensate People in a Private Company

When you're running in a $125 billion annual company, he's operating at such a high level that he's just trying to focus on culture pretty much and probably some M&A. So the way you compensate your people is totally different. And when you're running a public company, you're definitely thinking about your sales as a quarter. When you're private, your investor base is VCs and entrepreneurs, whoever you have in your cap table,. They all want you to succeed.

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