247. How to hire a CEO for your small business
The Sweaty Startup
00:00
Do Not Share Profits, Share Revenue
Paying people on profits is almost always complex at a small scale, he says. "The profit is not always a direct correlation to how much money you're making" Do not share profits. Share revenue. It can be one %, two% or three%. If you want them to be motivated, pay them on revenue.
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