1- First M is Meetings: 1:23 Stand up Meeting 2:12 Weekly Meeting 2:27 Quarterly Meeting 3:16 Yearly Meeting (A Plan) 2- 2nd M is Message: 4:02 (What & how to win?) 3- 3rd M is Motivation: 5:19 (Your business story) Thanks a lot Dan Martell
I am an HR working in a fast-growing IT company. The daily difficulties I faced is that employees in the workspace react to human resource management way different than the old days. For example, people use slack to communicate with each other. As an HR myself, the biggest issue for me is to retain talented employees. Tracking their feedback through employee satisfaction surveys once a year does not work towards my benefit. The Moodbit slack add-on, an Emotion-Sensing Technology using sentiment analysis and machine learning. that analyses and provides data about employees emotion helps me to get my work down more effectively and more accurately.
Thanks for sharing sir...! I learned many things especially many tips and tricks from this video and it's very useful to me for my upcoming placements and career...
Salary (below market) + Equity I cover this here: th-cam.com/video/KD3ap-WN1Hs/w-d-xo.html Also have this one on using consultants for equity th-cam.com/video/_o7SWVhguqw/w-d-xo.html Hope that helps. DM
Hi Dan, I wanted your advice on best way to accommodate a co-founder. How to break down the share structure what is the best strategic way to deal with it - what are the key things i need to keep in mind? - how does this structure play a role moving forward when looking for investors.
A real co-founder usually gets 10-50% of the company ... depending on how far you are along, then it can be negotiated. Always ask them first what their expectations are. All issuing of equity should use a general vesting schedule of 4 years, 1-year cliff, monthly vest thereafter. Hope that helps. DM P.S. Find a startup lawyer, if you're in Canada - here's top 4 I've sourced from my network: Steven Pulver www.caravellaw.com/lawyers/steven-pulver/ Rob Hyndman www.hyndmanlaw.com/who.html Chad Bayne at Osler www.osler.com/en/team/chad-bayne James Smith - X www.lwlaw.com/people/smith-james/
I guess that's a shame in the business world, because all the founders I coach MUST follow this approach. My mission is to help elevate other Founders leadership style to have a wider and more impactful impact on the world than just my immediate teams/companies... that's why I coach. Those kinds of leaders do exist. DM
Thanks for this. I am launching a new start up and we’re off to a rocky start! Do you offer consulting? I have an A team! I see you are in SaaS - Kevin quinn and Rahul Kaul are also in that space on my c level team.
Dream in HD! Make it real. Everything starts in the mind (i.e. a dream) but it only takes one action to move it forward into something real. Do it. No reason you can't.... only thing stopping you, is YOU! This might help: facebook.com/Danmartell/photos/a.1557252871171212.1073741829.1556886191207880/1863548387208324/?type=3&theater DM
Shano, sorry about that ... I do try to slow things down with more recent videos / although I get way too excited about sharing ... so might be an issue. I do get the closed caption created so you can follow along that way. Great to have you in the community! DM
Excited to share these tips with you to create a winning team!
Dan Martell thank you from Somalia.
1- First M is Meetings:
1:23 Stand up Meeting
2:12 Weekly Meeting
2:27 Quarterly Meeting
3:16 Yearly Meeting (A Plan)
2- 2nd M is Message: 4:02 (What & how to win?)
3- 3rd M is Motivation: 5:19 (Your business story)
Thanks a lot Dan Martell
My pleasure!
Wow this is huge. I listen to you daily and this will be a repeater.
One of the best videos on Leadership right now. Thanks Dan Martell.
Thanks! HUGE compliment.
Appreciate that.
DM
Going through this right now.... very timely
Valuable information! Thank you for sharing Dan Martell
Can't get enough of learning. I'm on right track. Thanks for sharing Dan!
Boom! Keep feeding your mind.
DM
Make sense. simple and clear. thanks.
Useful to definite the professional role.Thanks
My pleasure
I am an HR working in a fast-growing IT company. The daily difficulties I faced is that employees in the workspace react to human resource management way different than the old days. For example, people use slack to communicate with each other. As an HR myself, the biggest issue for me is to retain talented employees. Tracking their feedback through employee satisfaction surveys once a year does not work towards my benefit. The Moodbit slack add-on, an Emotion-Sensing Technology using sentiment analysis and machine learning. that analyses and provides data about employees emotion helps me to get my work down more effectively and more accurately.
Awesome Dan! Thanks for this!
Gracias por este vídeo y gracias por los subtítulos realmente me ha ayudado mucho para conocer distintos tipos de interacción.
Thanks
Awesome advice Dan!
Do you have any advice on how to lead a team who are doing work that we don't understand or outside our area of expertise?
Thanks for sharing sir...! I learned many things especially many tips and tricks from this video and it's very useful to me for my upcoming placements and career...
Awesome. Glad this was helpful :)
You're just the best, learned so much from this, thank you!
Thx Patrick, absolutely my pleasure.
DM
Thanks! Left a like
🙏
How do you compensate your leadership team? Equity, profit sharing, commission-based? Specifically prior to the company really becoming profitable?
Salary (below market) + Equity
I cover this here: th-cam.com/video/KD3ap-WN1Hs/w-d-xo.html
Also have this one on using consultants for equity
th-cam.com/video/_o7SWVhguqw/w-d-xo.html
Hope that helps.
DM
Tqvm Sir.
My pleasure.
Again Dan, Just impressive.
Keep on moving and getting people motivated
J.
+George M it's the only thing I know how to do :)
Appreciate the kind words.
DM
Hi Dan, I wanted your advice on best way to accommodate a co-founder. How to break down the share structure what is the best strategic way to deal with it
- what are the key things i need to keep in mind?
- how does this structure play a role moving forward when looking for investors.
A real co-founder usually gets 10-50% of the company ... depending on how far you are along, then it can be negotiated. Always ask them first what their expectations are.
All issuing of equity should use a general vesting schedule of 4 years, 1-year cliff, monthly vest thereafter.
Hope that helps.
DM
P.S. Find a startup lawyer, if you're in Canada - here's top 4 I've sourced from my network:
Steven Pulver
www.caravellaw.com/lawyers/steven-pulver/
Rob Hyndman
www.hyndmanlaw.com/who.html
Chad Bayne at Osler
www.osler.com/en/team/chad-bayne
James Smith - X
www.lwlaw.com/people/smith-james/
It feels like such an impossible dream to have a manager as self-reflective as this.
I guess that's a shame in the business world, because all the founders I coach MUST follow this approach.
My mission is to help elevate other Founders leadership style to have a wider and more impactful impact on the world than just my immediate teams/companies... that's why I coach.
Those kinds of leaders do exist.
DM
Thanks for this. I am launching a new start up and we’re off to a rocky start! Do you offer consulting? I have an A team! I see you are in SaaS - Kevin quinn and Rahul Kaul are also in that space on my c level team.
Hi there... I don't offer consulting, but do coaching for the right founder.
www.danmartell.com/call/
Awesome Dan !!! Thanks for sharing
+Mrugrajsinh Vansadia anytime!
DM
Watch the EdTech Expert from across the Globe at IXI Summit'22 Live mow:
studio.th-cam.com/users/videou4sR7pd630U/livestreaming
I want to build a small rocket to fly into space. I need a team of engineers.
I'm 16 years old and thinking about managing a League of Legends Pro Team. Am i just dreaming?
Dream in HD!
Make it real.
Everything starts in the mind (i.e. a dream) but it only takes one action to move it forward into something real.
Do it.
No reason you can't.... only thing stopping you, is YOU!
This might help:
facebook.com/Danmartell/photos/a.1557252871171212.1073741829.1556886191207880/1863548387208324/?type=3&theater
DM
Very informative but you are too fast, some of us are not native English speakers or listeners for that matter
Shano, sorry about that ... I do try to slow things down with more recent videos / although I get way too excited about sharing ... so might be an issue.
I do get the closed caption created so you can follow along that way.
Great to have you in the community!
DM
You could slow it down in the settings
You can use subtitles...its option in TH-cam