Hey guys, welcome back to the game. Today's episode is second in our little mini series of

Audio First podcasts. If you like these, please, please, please let me know by tagging me on

Instagram or sharing this podcast via text so that more people listen to it. It's actually less

about like, please, I want to grow. It's more you doing that shows me you like this stuff,

and I will do more of this type of content on the podcast.

Today I am talking about compensation and risk. Okay, so fundamentally to make money, you have to

provide value. But we all know that it's not just the value that you provide that is propensurate to the compensation that you will get.

All right? You have to have other variables to influence how much you make. And the more I've been studying this, the more surprised I have been by the variables that I believe actually create disproportionate compensation for the work that we put in.

And this applies to us as entrepreneurs,

deals that you have, vendors,

and especially teammates and employees.

Enjoy.

So in the second of this little series that I have going on

of me making audio first podcasts,

this was started because Leila told me that I should do this and I tend to

listen. My wife's very good and smart at stuff and she wants me to win. And so I take her advice

seriously. And so if you agree with her, then let me know. And if you prefer the more annotated style of like denser what I

would consider podcast, then tell me. I'll do whatever you guys want. But this is a slightly different

style because this is kind of throwback to how the game started, which was I would tell you guys

what was on top of mind and kind of the things that I'm changing inside of the business based on what I'm learning. So today what I want to talk about is

compensation and not the way that you think this is an employee compensation, but I just kind

of think about compensation in general. And so I have before this had this working model of

...