The Simple Strategy Dave Uses to Motivate His Team

EntreLeadership

Ramsey Network

Management, Entrepreneurship, Business

4.7 • 4.4K Ratings

🗓️ 19 January 2026

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, we’ll hear about: • A business owner struggling to pass on ownership mentality to his team • A businessman navigating ownership disputes during divorce proceedings • Dave’s advice on why increasing revenue beats cutting expenses when margins tighten • An owner trying to decide if he should hire a virtual assistant Next Steps: · 📞 Have a question for the show? Call 844-944-1070 or send us a message: https://ter.li/ask-us · 📚 Learn about the EntreLeadership System™: https://ter.li/system-p · 💻 Get EntreLeadership Elite™ for your business: https://ter.li/elite-p · ✉️ Sign up to receive tactical tools, advice and resources in your inbox every week: https://ter.li/enl · 🏢 Attend EntreLeadership Summit: https://ter.li/summit · 🎤 Attend EntreLeadership Master Series: https://ter.li/masterseries · 📖 Order Dave’s new book, Build a Business You Love: https://ter.li/b4kru2 Connect With Our Sponsors: · 💼 Go to Belay Solutions or text ENTRE to 55123 for their free resource! · 💻 Visit NetSuite today to learn more. · 🧾 Visit Payority for a free consultation! · 📈 Grab Sales Gravy's free resource to help you hire and lead better. Listen to More From Ramsey Network: 🪑 Front Row Seat with Ken Coleman 🎙️ The Ramsey Show 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show💰 George Kamel Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	From the headquarters of Ramsey Solutions, this is Entree Leadership, where I take calls from leaders like you about what it takes to win at any stage of business and leadership.
0:21.2	I'm Dave Ramsey, your host with over 30 years of experience leading in the trenches right alongside you.
0:26.6	If you've got a question you want to ask on the show, fill out the form at ontraryleadership.com slash ask or call and leave us a note,
0:34.6	and we'll get back to you and get you on the show.
0:36.5	Phone numbers 844-944-1070.
0:41.0	That's 844-9-44-1070.
0:45.7	We're glad you're here.
0:47.3	Luke is with us in Alabama.
0:49.4	Hi, Luke.
0:49.8	How are you?
0:51.4	I'm good.
0:52.0	How are you?
0:52.6	Better than I deserve.
0:53.9	What's up? So I'm the owner of a dog resort.
0:57.8	We'll do about $1.4 million in revenue this year. And my question is, how do I instill an
1:03.6	ownership mindset into my team? Wow. Well, there's a lot of things involved in doing that at Ramsey. One thing is compensation. As much as you can, let them be rewarded when there's profit and let them feel the pinch when there's not. So they have incentive to keep expenses down and revenues up. And we talk about that a lot around here because we share,
1:28.5	we have a profit sharing program that we developed on something as small as you're doing.
1:32.1	You could keep it very informal and say, hey, guys, we had a great month because you did
1:35.9	and give some examples of something that caused revenue to go up or expenses to go down.
1:40.4	And so I'm going to give everybody a $100 handshake or whatever, right?
1:44.3	How many team members have you got?
1:47.2	We have six full-time and then about 20 part-time.
	...

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