meta_pixel
Tapesearch Logo
The Playbook With David Meltzer

How to Incentivize Your Employees

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 23 November 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

In today’s episode, I’m joined by Shawn Dill and Lacey Book, two incredible entrepreneurs and business coaches, as we dive into the challenges and rewards of building a team that grows with your business. I share my own strategies for evaluating team performance and managing the emotional expense of hiring and firing, while Shawn and Lacey discuss their innovative approach to employee development, including an annual exercise where team members present their roles, responsibilities, and goals. We explore how to align individual and company growth, why titles should be fluid, and how fostering collaboration over competition creates lasting success for everyone involved.

Transcript

Click on a timestamp to play from that location

0:00.0

This show is sponsored by Better Help.

0:02.0

Hey everyone, I want to take a moment to talk about gratitude.

0:05.6

In our fast-paced lives, we often forget to appreciate the people around us.

0:10.4

And sometimes we even forget to appreciate ourselves.

0:13.8

So today, let's pause and give thanks not only to others, but also to ourselves

0:19.1

for the hard work we put in every day. It's so important

0:22.5

to recognize that doing our best, especially in challenging times, is an accomplishment.

0:28.7

Now, have you ever thought about starting therapy or if you're looking for a new perspective,

0:33.8

consider giving better help a try. Therapy offers tools to build resilience, set boundaries,

0:40.5

and grow into the best version of yourself. And with Better Help, everything is designed to be

0:45.9

convenient and flexible, fully online to fit right into your schedule. Let the gratitude flow

0:52.9

with BetterHelp. Visit BetterHelp.com slash

0:56.7

Playbook today to get 10% off your first month. That's BetterHelp, H-E-L-P.com slash Playbook.

1:06.0

Good leaders create followers. Great leaders create other great leaders. And so in your organization, when you

1:11.6

become a better leader or a greater leader, it's amazing how everybody around you get smarter.

1:16.9

And the only reason I know it is because I've got my teeth kicked in for, you know, 35 years.

1:21.3

So at some point, you know, you pick up something at that piece, but it becomes very clear, like

1:26.4

you start to get a lot of

1:27.8

clarity about that and a lot of clarity about how people are and how they respond. And a lot of

1:33.4

times it's counterintuitive. It doesn't make common sense because it's always emotional. You know,

1:38.7

money is never math. It's always emotional. Nobody's looking at that bonus thing as a number that's there. Meaning if Lacey was

1:46.1

expecting a dollar bonus, but she thinks Chris is her peer, and she goes, I only expected 50 cents.

...

Transcript will be available on the free plan in -127 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from David Meltzer, Entrepreneur.com, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of David Meltzer, Entrepreneur.com and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.