Why Your Best People Quit (It’s Not the Money)
Listen to the original audio · Transcribed with NVIDIA Parakeet · Why times can differ in your player
When it comes to getting the most out of your team, there's a right and a wrong way to do it. Most business owners just throw a Friday afternoon pizza party and think everybody's happy, but that sucks. That doesn't motivate anybody. It turns out People actually like a little recognition for doing a good job.
A team outing or a happy hour doesn't count, and neither does their paycheck. The truth is, without any recognition, your top performers learn excellence doesn't matter, and they'll leave to find a company where it does. So today we're going to talk about what actually makes your team feel appreciated and motivated to bring their A game. every day. And the whole reason we're talking about this comes from a newsletter that I saw from Layla Hermozy.
Layla and her husband Alex are really successful entrepreneurs. They're super smart. But she told a story that perfectly sums up why this is such a big deal. Here's what she said. Back in 2014, one Friday, my manager Mike stood up in front of the whole sales team and said,
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