Ever wonder why some companies rake in massive profits while their employees get next to nothing? Meanwhile, other businesses spoil their teams with perks and paychecks, but the owner’s left questioning why they even bothered starting the business.
In this episode John Gerber and Kate Tyson dive into the realities of profit distribution, where being the world's best boss can leave you flat broke – and spoiler: that’s not exactly a winning strategy.
They also throw a bone to management guru Peter Drucker, who in the 70s had the radical idea that profit is necessary (who knew?). It’s not just about rolling in the dough, though – it's about reinvesting in the business and the people.
Turns out, keeping a little extra cash on hand might save you from the February freakout when, surprise, there’s no money left. If profit makes you feel icky, this episode might just be the cold splash of whiskey you need.
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Featuring Music by Billy Dufala: