I Am a Nobleman in England - Chapter 456

As an effective measure to retain and motivate the core talents of enterprises, equity incentives have always been mentioned repeatedly in corporate planning. But for some founders, equity incentives are important, everyone understands, but when it comes to design and execution, they are confused.

For example, how to motivate, what are the alternative methods, and what kind of motivation is appropriate at what stage. . . Each one is a question mark.

Equity incentives are a way to give business operators certain economic rights in the form of obtaining company equity by operators, enabling them to participate in corporate decision-making as shareholders, share profits, and bear risks, thereby diligently serving the company’s long-term development. Kind of motivation method.

To be honest, starting a business does not happen overnight, and requires a large number of talents and a good team. To have a good team system, there must be promotion channels and incentive mechanisms. In order to retain talent.

For example, Bill Gates, the richest man in the world, once said: “A company that wants to develop rapidly depends on hiring good talents, especially smart talents. Great success depends on the team, and small success depends on the individual.” So enterprise development talent is the most important thing. Importantly, only talented enterprises have the motivation to move forward and the courage to overcome obstacles.

However, even if talents are recruited, how to retain them is a long-term controversial topic. And at this point, Arthur very much put forward what Arima once said, “There are many reasons for employees to leave, but in the final analysis, there are only two truthful points. The money is not in place, the heart is wronged, and the work is unhappy. “

So as long as these two points are resolved, companies need to introduce equity incentives. Because the essence of equity incentives is to tie the interests of employees and the company together, give full play to the sense of ownership of the team, unite to maximize the benefits of the company, and also achieve the growth of personal value. In this way, if employees do it for themselves, how can they be wronged? With such a win-win situation, how can we not retain talents?

To be honest, the value return of some talents is not salary, but bonuses can be satisfied. The effective way is to directly implement equity incentives for these talents, closely link their value returns with the company’s continuous appreciation, and reward these talents through company appreciation. Contributions to corporate development.

In Arthur’s view, the founders of INS, Kevin and Krieger, are undoubtedly the real talents. To be honest, the more shameless he robbed them of their creativity, he used the money to build the photo wall app first. After their chance, Arthur understood the talents and abilities of these two people.

And if the photo wall platform can be developed like the INS in the memory, the two people must be kept by their side, not let out, and create opponents for their photo wall APP.

You know, if a talent like Kevin is brought closer to Facebook by Xiao Mazi Zuckerberg, with the scale and funding of Facebook, his photo wall in the development stage, really can’t compete with it.

Hearing that Arthur said that the photo wall studio still lacks the CEO and CTO, and wants them to support the studio and also provide equity incentives, Kevin and Krieger looked at each other, both from each other. There was a trace of astonishment and joy in his eyes.

To be honest, they really didn’t expect Arthur to value them both so much. Of course, they were very confident about their talents and abilities. If Arthur could not give them a position and treatment that matched them, both of them People may choose to leave and start a new business after handing over the content of INS.

Talented and capable people have their own pride and persistence.

And now, Kevin and Krieger really accepted and recognized Arthur Boleyn, who was much younger than them, as their boss.

The communication between the three of them became more harmonious and natural. Arthur also found a hotel nearby and stayed in, waiting for the arrival of London’s subordinates.

After receiving a call from his boss, Edward in London immediately made arrangements. Under the premise of ensuring that the photo wall APP would not work normally, he transferred ten people to the United States.

Although these ten people are not considered top IT talents, they have participated in the basic construction of the photo wall APP and the preparation of the program throughout the entire process. Whether the other party’s INS program is valuable or not can be measured by any one of them. The reason why so many people are sent to the United States is mainly because the boss wants to open a North American branch to see if he can combine the advantages of the photowall program and INS to complete the version upgrade of the photowall app.

In this way, you can save a lot of time, manpower and material resources, and complete the upgrade version ahead of time.

That is, in the afternoon of the next day, the ten men and women of all sorts of wind and dust rushed to San Francisco by plane and met Arthur.

Arthur took Kevin, Krieger and ten of his subordinates to a dinner reception. After completing the meeting between the two parties, he let the subordinates who arrived from London have a good rest for a night, and the photos started the next day. Wall and INS comparison, verification and docking work.

As for Arthur, he and Kevin Strom met with Baseline Venture Partners Steve Anderson.

After listening to Kevin, with an apologetic explanation, the expression on Steve Anderson’s face also changed from an accident at the beginning to frowning thinking.

“Mr. Bolin, if possible, I hope my investment can be turned into shares of the new company after the merger of the two studios. Of course, I can continue to invest more…”

“Hehe.” Arthur heard the words that he wanted to buy shares after hesitated for a long time. He watched Steve Anderson shook his head and chuckled, and refused without hesitation: “Sorry, Mr. Anderson, this is not a merger. It is mergers and acquisitions, and, at present, I am not planning to raise funds because I am not short of money for the time being.

Or to put it more bluntly, I am very confident about the future of the photo wall app. Even if it is financing, I will never raise funds when it is just starting out. That would be an unacceptable huge loss for me.

Of course, considering your relationship with Kevin and Krieger, I can promise that we will reserve a place for you in our first round of financing! “

Arthur is neither humble nor overbearing, calm and graceful, and his tone is full of incomparable confidence and determination. Steve Anderson on the opposite side can’t help but frown, looking at Arthur, the young billionaire, the eyes of the British aristocracy become sharp and bright~ www.mtlnovel.com~ At the same time, I understand that the young man sitting in front of him is not a young man with a lot of money, or an entrepreneur who only focuses on technology realization, but a thorough businessman!

“I’m really sorry, Steve, no one thought that there would be an awkward situation of creative crashes. The only thing I can do is this. This is a million dollars. Thank you for giving me at the beginning of my business. s help.”

After contacting these two days, Kevin has already understood some of the temperament of the Lord Arthur. To be honest, he is not the kind of technology entrepreneur, but the elite child of the old family.

Being able to return one million dollars to Steve Anderson, Kevin felt that he had repaid the other party’s help at the beginning, after all, it was a 100% return rate.

“Well, this is really a shame. If you need financing, the door to me has always been open for both of you. Welcome!” Seeing this, Steve Anderson could only temporarily give up the idea of ​​buying shares.

“Thank you!” Now that the matter has been settled, Arthur has no intention of staying any longer. After the accompanying lawyer completed the handover of various documents, Arthur smiled and shook hands with Steve Anderson.