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RE: How should we pay ourselves?

in #startups7 years ago

Yeah but theres people who think their shit dont stink and think theyre 100% correct everytime. I see it all the time in the corporate setting. The "If I get paid the same as you why should I follow your directions or listen to you?" People. Their would definitely have to be rewards/bonuses involved to have people driving the plane.

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If the employee earns $1000 a month, his boss should earn $1025 a month. Problem solved, the worker no longer earns the same as the boss. :D

I love the idea. The only flaw I can see is what would motivate a staff member to excel and strive for an incentive without a financial reward (other than bonuses) in place? I understand pride in the project and work would be the primary attribute you’d be looking for, and you want the person to take pride and be exceptionally motivated of their own accord - but I can’t see a ‘permanent’ salary with no hope of that increasing as a viable option - even if their own project and therefore tokens increases in value over time

Without incentives we would eventually even run out of toilet paper. Why bother to innovate, to be more efficient, to work extra hours, to find new and better uses of the work hours, etc. SOCIALISM IS A DISASTER!

This is why I advise a democratic system in start-ups. The leader has to give a speech and petition, those who want to lead have to earn it, and those who don't want to lead get a say in who is chosen. Majority rules and that is life. All people will never be satisfied all the time, and that is totally fine.

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