687: Intuitive Compensation
Today we are taking a look at compensation from a new perspective. Drawing from his experience in Shanghai, where he managed a consulting team of 40+, Kevin now guides business owners to see compensation strategies from a new perspective. Throughout our conversation we connect his expertise to dentistry and how it can be applied to retain associates and key people in our organizations.
During our conversation, we discuss:
- Learning to retain employees through necessity
- Profit sharing as the politically correct method of compensation, and why it has big flaws
- The story of ask me, survey me, reality
- Business models of the hustler, the producer, and the legend