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Nathan Barry

๐Ÿ‘ค Speaker
1090 total appearances

Appearances Over Time

Podcast Appearances

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

And short-term performance-based is profit-sharing.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

And then the long-term performance base is equity.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

And I think that the best compensation packages for your team really hit on all four of those things.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

And so you're not saying, oh, I'm barely going to pay you anything, but here's a bunch of equity, and in this moonshot, if we hit it big, you'll be rich.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

Or I'm not going the other way, like Mailchimp did, and saying, oh, we're never going to sell, so we're only paying cash.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

And then years later, when they do sell for $12 billion, the employees barely make anything.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

But you can actually just walk this middle line and say, look, we're profitable.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

We're paying good salaries, we're contributing your 401k, but you also have equity and we can have this really balanced package.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

That's the way that I think about it.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

No, I've never had a co-founder at that level.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

Now I have an executive team.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

It's amazing.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

And we've built them up over time and really recruited.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

And so we have this core group that really runs the business.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

And even if I were to take a step back, they would run the business.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

But never had a co-founder.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

I learned the power of an audience.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

And then audience was going to do a couple things for me.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

First, if I had thousands of people following my journey, I knew they'd help me.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Nathan Barry: The Ladders of Wealth, How to Build a $40M Creator Business from Scratch | Entrepreneurship | E363

And that happened a lot where I'd say, hey, I'm really struggling with copywriting.