Brian KaskavalciyanCo-Founder, The Wealthy Contractor Inc. · I want to help you create more Success, Wealth and Freedom!

How Employees That Feel Valued Can Completely Change Your Business

Name: How Employees That Feel Valued Can Completely Change Your Business
Uploaded: 2024-01-24T13:00:40+00:00
Duration: 45 s
Channel: Brian Kaskavalciyan
Description: In this segment, the speaker argues that employees are primarily motivated by feeling valued and appreciated, with compensation being a secondary…

24 Jan 2024 · 1 min

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In this segment, the speaker argues that employees are primarily motivated by feeling valued and appreciated, with compensation being a secondary concern. He emphasizes that when workers believe their ideas matter, they become more engaged, reducing the need for monetary incentives. The speaker advocates for a "benevolent dictator" leadership model, where a single decision-maker, acting in the best interests of the team, takes responsibility for outcomes, rather than relying on democratic voting processes, which he claims are ineffective in business contexts.

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People want to work somewhere where they feel valued and appreciated and believe that their ideas have some bearing on what's going on. If you do those two things, you know what? Money's just not going to be the biggest motivator for them. Don't get me wrong, you got to pay them well. But, you know, I found that as long as they felt valued and appreciated, again, it's just shocking how many people miss it and think they can be dictators. Again, key: benevolent dictator. Have their best interests at heart, but understand at the end of the day, somebody's got to be the one. Democracy in a business does not work. You can't put it to a vote and say, we're going to do this. Somebody's got to be the one that if it goes wrong, you know what? It's your fault. Yeah.