247. How to hire a CEO for your small business
The Sweaty Startup
00:00
How to Make a Base Salary for Your Employees
If your goal is to sell your company, you needt communicate that right on, right off to bat. And i'll say that there is nothing at all wrong with recruiting somebody to come on board on a very simple base salary. Pay them based on some very simple metrics to motivate them. But don't be afraid to make a base salary. That's ex an z now for the phantom ownership. Now, as far as managing,. as far as what those people are doing, you're gong t have to decide. I can't tell you right here, but to tell you that if you're trying to recruit and build a compensation package for somebody who's going to replaceyou,
Transcript
Play full episode
