09-06-2004, 06:28 PM
|
|
|
<&(©¿©)&>
Industry Role:
Join Date: Jul 2002
Location: Chicago
Posts: 47,882
|
Quote:
Originally posted by Taboo
Now, I try to avoid this problem by offering a tiny equity stake in my projects (up to 5%, but usually less than 1.5%). I sell the dream and if they like the idea, we move forward. The end result being that the people I work with are more productive and trustworthy because they are getting paid plus the bonus. In fact, sometimes they will share more ideas, add more features, and go beyond the call of duty because in their eyes, it's their baby too. They don't over-charge, in fact they under-charge now because of the equity. This solution's not for everyone, but in my case, this prevents people from trying to steal the whole pie because I've already given them a slice.
|
That's a great strategy  |
|
|