This content was created by GHION.AI . This content was uploaded by GHION.AI . This is a YouTube video titled "Astro Teller: Motivating Without Money" created on April 26, 2016. It discusses the concept of motivating people without using traditional incentives like money or promotions, emphasizing the importance of recognition and creating a supportive environment.
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When you don't have some of the classic structures for wording people like money or promotions, how can you do some of this culture engineering? People don't even respond the strongest to money. There's a ton of evidence out there that when you give people a raise in their salary, it has this ridiculously short life. They feel good for a week maybe, and then they totally forget about it. What people want is recognition. They want you to say thank you. They want to believe that their manager, that their peers, think they're cool, think they're interesting, think that they'd be worth having on the next project. Think about yourself. Isn't that what motivates you the most in the end is being around people you trust and having them think that you're special to them? So if you can create any environment in which people can say to each other, hey, I really appreciate that, that makes me think you're special. And there's lots of ways you just give out cool points, like make little pieces of paper that say one cool point and then hand them out. Or you don't like that, do something else. It doesn't matter what it is. But you don't need cash and you don't need promotions to do what I'm describ.
