Thursday, November 21, 2024

Neothink® Secrets Batch 15

Neothink® Secrets Batch 15

The Performance Pay Mini Companies

Step 5

Integrate not only each job with making money, but also each person

Put each person with their area of purpose on performance pay

They are now personally integrated and motivated with the net profit

To build profits they are integrated into self guidance

 

Essence Driven

The essence of business, to build values and profits, gets driven forward

Each area of purpose generates revenue, a piece of money making essence

Every person in the company focuses on performance

 

Effect of the Division of Essence

Fundamental integration is to measure costs and efforts against net profits

Even the physical follow through jobs can go on performance pay

 

Follow Through Jobs

Carefully designed to send a person into maximizing their potential

Change from a mechanical job into a widely integrated entrepreneurial job

 

Performance Pay =

Achieves excellent control, greater efficiency, increased capacity to expand

Expert numbers evaluation, marketing analysis, increased value to company

 

Performance Pay Specifics

Well designed performance pay will increase revenue

Integrated with all the disciplines of making money

Based on net income after all costs are taken out

 

The Neothink® World Summit

Use the mini day – power thinking team to begin your start up company

Keep and understand all the mentally integrating responsibilities

Every area of purpose can be put on performance pay

 

A Powerful New Concept: The Mini Company

Each area of purpose on performance pay is a mini company

Operated just like an independent company within your company

 

Performance Pay Tip

Setting up effective performance pay requires experience

Start slowly with bonuses based on net profits

It is easier to add to performance pay than to take it away

Evolve the mini company into full performance pay

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