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Rick told us he
always wanted to be able to offer stock to employees and when he launched his
own business he was free to do so.
Topic for
Discussion: What type of person will be attracted to the idea of earning
stock options?
Answer: The
person who wants to work hard and to be rewarded for that hard work. Not the
person who want to warm a chair.
Offering ownership
then does two big things for you. First, it attracts the hard worker and
second, it turns individuals into team players. Employees don't look at you as
the owner, they look at you as the largest shareholder but they see you as
generous not greedy.
You think about
it: Do you think you could attract more talent if you offered stock options
or put an ESOP in place?
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