The Fort RE #215: Chris Powers on Incentives in Real Estate
On this episode, Chris discusses incentives that drive companies and people, COR - how to incentive your people to make money and watch expenses, and why it all starts with the culture of your company.
Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com
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Support our Sponsors:
(03:22) - You Should Strive to be Profitable
(04:32) - Culture vs. Incentives
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(08:20) - Social Capital
(09:20) - Incentivizing a Team Environment
The Fort Podcast Episode #65 on COR
(10:45) - Using COR as an Incentive
(20:10) - There is No Perfect Incentive
The Fort Podcast episode #47 w/ Andrew Segal
The Fort Podcast Episode #64 w/ Andrew Segal
Twitter Questions:
(27:20) - How do you incentivize at FC based on Promote?
(30:34) - Rolling Bonuses
(34:20) - How do you incentivize brokers?
(35:50) - How do you incentivize the back office?
(38:08) - Incentives are not only about making money
The Fort is produced by Johnny Podcasts