“We have check-in meetings at the beginning of the week, wrap up meetings at the end… we pay them bonuses just like any other company”
VC
Vader Ray Companies
Simply Business Podcast ·
Tony Robbins Podcast Daily · Business Mastery Force 7: Endlessly Cultivate Raving Fan Customers and Culture
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Reward employees with personalized experiences (e.g., paying for a coworker’s motorcycle lessons) instead of cash bonuses
“We have check-in meetings at the beginning of the week, wrap up meetings at the end… we pay them bonuses just like any other company”
“It doesn't have to be cash rewards, acknowledgement, pats on the back, announcements, promotions, any of that kind of activities. All give a subtle message to people about what is important.”
“We organized the inventory, sold it to our employees, sold it to our customers at a discount. We raised quite a bit of cash that way”
“‘...the friendship index... a friend gifts another person... that friend will then buy a third person... advertising to two instead of one.’”
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