Barry LaBov, agency · Build a Better Agency Podcast · Episode 574 The Power of Differentiation and Agency Growth with Barry LaBov
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Observed that giving small ownership stakes does NOT automatically make most employees act like owners
only about 5-10% of staff behave like owners even after receiving shares
“Another perhaps the most efficient of all when I occasionally dip into some industry research is YouTube. And you'd be surprised how many owners of X random type of small business have channels about what it's like to be in that business.”
“Having the controls in place to aggregate that ownership for you and be able to flag it… when the ownership does cross that 50% threshold”
“She makes fun of Titanic… It is an act of self-satire… It makes her give out some of her shoes… It is incredibly funny.”
“We love founder-led businesses… or managers that act like owners… they have skin in the game and long-term interests.”
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