The EntreLeadership Podcast The Simple Strategy Dave Uses to Motivate His Team
Jan 19, 2026
A business owner grapples with instilling an ownership mentality in his team. Another caller navigates the tricky waters of ownership disputes during divorce. Dave emphasizes that raising prices can be a smarter strategy than cutting expenses in tight margins. Plus, he shares advice on whether to hire a virtual assistant. Throughout, the importance of company culture and proper accounting practices is highlighted as key to business success.
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Tie Pay To Ownership Behavior
- Compensate team members so they share in profits and feel the pinch when margins tighten.
- Talk about ownership constantly and hire and fire based on that mindset.
Make Ownership A Hiring Filter
- Make 'self-employed' an explicit core value and use it in interviews to screen candidates.
- Confront underperformers with clear expectations and terminate if they refuse to adopt the mindset.
Be A Training Ground Like Chick-fil-A
- Use your business as a training ground like Chick-fil-A to attract part-timers who learn work ethic and service.
- Become known for developing employees so you attract people who want more than a paycheck.
