Sooner or later, any business is faced with the need to change its operational manager. The founding owners eventually move away from solving current issues, giving way to hired, young and daring managers. Often, to create additional motivation, this process is accompanied by the allocation of managers stakes in the company.
From the point of view of increasing the involvement and interest of a manager in a business, this is certainly the right step. However, trusting hired directors to resolve operational issues, it is necessary to retain the ability at any time to reverse the transfer of authority and ownership. After all, no one guarantees that having received a share in the business, the new co-owner will not decide to go to work somewhere else.
We show by a real example how the dependence of ownership of shares on the fulfillment of an employee’s labor function in one of our projects was ensured. Important: inclusion in co-owners was due to participation in management. Accordingly, when an employee is dismissed from the company, there must be grounds for depriving him of his share. Continue reading
About 15 years ago, Alexander Loginov became interested in dancing – the then very popular hustle direction. The students found it themselves: several guys, seeing how Alexander and her partner were dancing, asked for training. And so the school appeared, through which several thousand people have already passed.
numbering-mal.pngSchool found us herself
– It was the summer of 2008. We were young, loved to dance and often had dance parties with friends outdoors. The girl wrote to me: they say there is a small group of guys who really want to learn how to dance hustle – can I help? Of course, we agreed. It was very interesting to try myself in a new role. We rented two rooms, and they were located in different parts of the city. One is in Jupiter on Kashtak, the second is in Mayak in Irkutsk. We practiced several times a week here and there almost all summer. Then the guys went on vacation. Continue reading
The start of a startup is often a feeling of euphoria and pink glasses. In relation to the business partner, a kind of love arises, together you seem to yourself omnipotent.
During this period, it is rather difficult to notice the warning signs, which may indicate that the partnership will not be very successful.
Nicholas Cole, founder of Digital Press and one of the most popular authors on Medium, Quora, Inc Magazine, talks about his experience building partnerships in business. Continue reading