Scalability is something I have had a big issue with myself, in the architect reference made so much sense. Being able to step away and micromanage something you work so hard to create it's hard but it does make a lot of sense
@SocietyofIdiocracy2 күн бұрын
Incentive structure is the best way to find good talent. If ppl think they can grow at a business, some will take the initiative and show you ambition you didn't know existed prior to restructuring. I set milestones of achievement to increase pay and offer percentages instead of all base pay, strictly base pay seems to make ppl lazy and/or complacent over time. Just came across your channel not too long ago and subbed, I'm in property management and a few other semi essential businesses, right now in my opinion is one of the easiest times to become successful. Wish you all the best man
@SocietyofIdiocracy2 күн бұрын
Instead of using his own money out right, he should put 50K or more into a CD and take out a secured CD loan to minimize risk. The interest accrued vs the interest charged for a low risk loan almost cancels each other out. If by chance life happens and he defaults, they charge a small penalty and refund the difference of the 50 he's already paid in. I do that for large purchases instead of paying outright. Best case, loan matures in 24 months and you get the 50K back to do it again. Or more if you want