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Results for: Motivation

I think you have a great start here - you seem to be detail oriented in both the "do's" and the "don't's" , and are genuinely trying to find a balance between task orientation and relationship orientation. In some of my work with tech teams, I have found the technique that is most illuminating is...

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People are motivated when they have a stake and a say. For that, they need to understand why they're doing what they're doing. So keep them informed. Not about every minute business detail, but also not about the end decisions (the what/how). Rather, share why decisions were made, why they matter...

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First of all, you are not alone! Almost anyone with a successful business has left a trail of half-finished ideas and projects. Sometimes we realize we don't have the skills to execute our ideas, or we don't have the capital, the resources, whatever. Your question makes me think it's not that yo...

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I am a Management Consultant with focus on Business Process Management, Business Agility and Innovation domains. From my experience, I think money no longer is the sole motivation to retain an employee. I think the key factors that employees look for in today's workplaces in addition to money a...

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Before we dive into the equity,salary and such. Motivation and retention begins with the CEO. Ask yourself what is the culture of the company? If you don't know anything about culture then start with the basics: 1. Do you value employee opinions? Do you ask for others opinions? 2. Do you encour...

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I've heard this question asked before: "What is your why?" As in, "Why are you doing this? What motivates you? What are you trying to get out of it?" This isn't a "unique way," but I'd recommend asking people simple questions like that to find out what makes them tick. Once you know, you'll have ...

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Why does your original goal have to be unattainable? Figure out another way to generate the money to go to your MBA school. That should draw you on. Honestly, you pick up the pieces by picking up the pieces. Wallowing in self-pity is pointless. We all go through ups and downs. If you get beaten...

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Generally bootstrapped startups should avoid salespeople, for a few reasons: a. they typically can't afford the base and overall comp required to attract sales people who can actually sell / or afford to support them with marketing, management, etc b. it will be very difficult to find the rare pe...

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You already said it: "He isn't interested in salary as much as equity." If this developer is any bit worth his salt, he is worth the equity. A smaller piece of a bigger pie is far more valuable than a big piece of a small (or worthless) pie. Profit sharing is a red flag to me that just sounds "...

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A very good question, with many long, complex answers. As a starting point, take a look at flippa offerings to get an idea of common metrics disclosures. You can also search for flippa + metrics + read up on the entire deal flow of site sales. In general, most sites sell for 2.5x-7x yearly pro...

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