RE #215: Chris Powers on Incentives in Real Estate
On this episode, Chris discusses incentives that drive companies and people, COR - how to incentive your people to make money and watch expenses, and why it all starts with the culture of your company. Learn more about Chris Powers and Fort...
On this episode, Chris discusses incentives that drive companies and people, COR - how to incentive your people to make money and watch expenses, and why it all starts with the culture of your company.
Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com
Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/
Follow Chris on Twitter: www.Twitter.com/FortWorthChris
Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/
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(03:22) - You Should Strive to be Profitable
(04:32) - Culture vs. Incentives
Super Chickens w/ Margaret Heffernan
(08:20) - Social Capital
(09:20) - Incentivizing a Team Environment
The Fort Podcast Episode #65 on COR
(10:45) - Using COR as an Incentive
(20:10) - There is No Perfect Incentive
The Fort Podcast episode #47 w/ Andrew Segal
The Fort Podcast Episode #64 w/ Andrew Segal
Twitter Questions:
(27:20) - How do you incentivize at FC based on Promote?
(30:34) - Rolling Bonuses
(34:20) - How do you incentivize brokers?
(35:50) - How do you incentivize the back office?
(38:08) - Incentives are not only about making money
The Fort is produced by Johnny Podcasts