Giving early hires skin in the game

This week, we talk about how Rick can structure a compensation plan with his first hire to make them feel like a true partner. Most startups give equity, but that isn’t a very compelling perk for a company that doesn’t plan on exiting.

Topics this week:
  • Tyler is considering going to Founder Summit in Ashville this fall.
  • LegUp Health signed a partnership deal with Pando Labs.
  • LACRM is on a hiring spree.
  • LACRM has a new thriving wage.
  • We discuss whether video testimonials are a good idea.
  • Tyler heard a podcast which made fun of LACRM's design, and this resulted in him getting some design coaching.
  • We discuss how Rick can structure a partnership agreement with his first hire.
Giving early hires skin in the game
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