Nathan Berry
๐ค SpeakerAppearances Over Time
Podcast Appearances
And we had grown from 100K to 300K in monthly revenue.
We'd saved up three months of expenses in the bank.
We'd gotten to 50% profit margins through the team being really lean.
And I wanted to reward the team for it.
And so we took 100 grand and paid it out to the team in profit sharing.
Everyone was totally blown away.
We were up to 20, but six of them had been hired in the previous 30 days.
Yeah.
Everyone participated, but for some people it was like 600 bucks.
So what we do is we do a six month period is when the profit sharing is.
And so for everyone that has been there for the entire period, you're eligible for it.
And we actually give partial credit.
So we give out, like if you joined, we have people who will join and then like profit sharing is 30 days later.
And they're like, you still get 500 bucks, you know?
That's amazing.
Cause we want them to kind of have that taste of it.
And the person next to you got 17,000 or something, but like,
That's because they've been with the company for quite a while.
So in that pool, it is 75% based on you're just a team member and everybody participates equally.
And then 25% is based on time with the company.