#31 How To Run High Profitability While Maintaining Culture In A Large Team

EML 176 - How To Run High Profitability While Maintaining Culture In A Large Team with Brian Burds "Customers will never love a company until the employees love it first – Simon Sinek" We are super excited to have Brian Burds on Expert Mentors Live with us to talk about the dynamics of Profitability and Culture when it comes to exponentially growing your business. Show notes: Acceptable Profit Margin [12:32] John talks about how profit should be at an acceptable rate where it doesn't slow you down. He makes it a point that handling it the wrong way may stagnate your growth. Offering Ownerships [17:06] John and Brian talk about offering equity vs. offering profit share. They discuss the pros and cons of both and the type of people who will accept that kind of offer. Culture [22:27] John and Brian dive deep into how their culture has been a big influence in their business and they also talked about the model having to be flexible to cater to your vision. Maintaining Culture [27:05] Brian talks about how he maintains culture on his team by staying away from negativity and staying away from drama. Discipline [34:05] Brian and John talk about how motivation can always be easier but it is so much harder when discipline is involved. Find & Maintain your Driving Force [35:50] John and Brian talk about how you have the choice to maintain what drives you forward. You have to remember that you can control how you react and choose to not let the negativity define you.