RE: LeoThread 2024-11-24 23:49
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But you find somebody that’s [in the top] 5% and you look at their resume, it’s like: boom, boom, promotion, promotion, promotion, promotion, promotion, promotion, and then a big jump … promotion, promotion, big jump. When I get that resume that shows that demonstrable level of success, I grab it and I pay them whatever they need. It’s that important to me to get that superstar in there. And you build a company of superstars.
You have to have the right performance management system so that they know exactly what they need to do to get to the next level. Because the superstars are highly motivated. They want to know what they need to do to get to the next level, especially Gen Z. They want to know and get promoted every six months.
this is a great strategy to build a successful business especially a tech business where the quote on quote "superstars" are desperately needed.
I think Elon will agree on this one