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Financially Simple Bizcast


The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Jan 30, 2018

In episode 14 of Financially Simple, Justin considers how to build confidence and motivate your team to improve the growth and value of Your Business.

A rising tide lifts all ships. As your Business grows, succeeds, and makes you more money, be sure to share that success with the people that helped to achieve it. Justin talks of how rewarding the team that grows the Business will, in turn, encourage them to invest their time, and even their money into the Business, and in turn create further development; and he discusses some of the ways to reward your Team.

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TRANSCRIPTEmployee Incentive Programs – Which Best Fit Your Business Structure? – Post #14

 

TIME INDEX:

00:39 - A rising tide lifts all ships

02:41 - Why did you start the company?

03:41 - Monetary Motivation

06:00 - How to build a dedicated Team

07:52 - Keep Your Equity

10:24 - Share the Success

12:30 - Take care of Your Leaders

13:58 - Reward actions You want to encourage

14:50 - Ways of Rewarding

20:50 - Educate Your Team

For more in-depth reading about this podcast series, pick up a copy of Justin's new book: The Ultimate Sale
https://financiallysimple.com/order/

 

USEFUL LINKS:

Chris Snider, Walking to Destiny

Financially Simple – https://financiallysimple.com

 

DISCLAIMER:

Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.