831 - Don’t Let a Team Member “Hold You Up”

One of the most frustrating aspects of growing a team for most entrepreneurs it's deciding how much to pay people. Even discussing salaries can create frustration and anxiety for most of us. It makes things even worse when we have a team member with unrealistic expectations of what we should pay them. If we pay someone more than we should, we create an environment of entitlement that can spread like cancer throughout an organization. Recently A friend of mine reached out with a situation where not one but two people on his team were trying to hold him up for outrageous salaries that didn't make sense. In this podcast, I share the advice that I gave him, and I know it worked because I got a text message after our call that he said, “thanks for talking me off a ledge." Let me talk you off the ledge before you ever get there. If you've been a listener of this podcast for a while, or even if you've just started, I would genuinely appreciate it if you would leave a review.

Om Podcasten

The Momentum Podcast is for those who of us who think differently — made especially for empire builders, game-changers, trailblazers, record makers, and creators of all kinds. Those among us who can’t turn it off, and don’t know why anyone would want to. We challenge complacency, destroy apathy, and we are obsessed with creating momentum. While the rest of the world strives for average and clings desperately to the status quo, you and I are compelled to move forward and change the world. We are the minority, the few, who are willing to hallucinate there could be a better future. Instead of just daydreaming of what could be, we endure the vulnerability and exposure it takes to make it real. We are the evolutionary hunters. The most important people in the world because entrepreneurs are the only source of consistent, positive human evolution, and we always will be.