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    Worth It: How a Million-Dollar Pay Cut and a $70,000 Minimum Wage Revealed a Better Way of Doing Business
    Worth It: How a Million-Dollar Pay Cut and a $70,000 Minimum Wage Revealed a Better Way of Doing Business
    Worth It: How a Million-Dollar Pay Cut and a $70,000 Minimum Wage Revealed a Better Way of Doing Business
    Ebook240 pages4 hours

    Worth It: How a Million-Dollar Pay Cut and a $70,000 Minimum Wage Revealed a Better Way of Doing Business

    By Dan Price and TBD

    5/5

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    About this ebook

    Dan Price gained worldwide attention in 2015 when he announced that he was instituting a $70,000 minimum wage at his company, Gravity Payments, and would slash his $1 million salary in order to pay for it. While many praised the decision as a bold step toward combating income inequality in the United States, others vilified Price as a radical so

    LanguageEnglish
    PublisherGravity Payments, Inc
    Release dateApr 13, 2020
    ISBN9781734157222
    Worth It: How a Million-Dollar Pay Cut and a $70,000 Minimum Wage Revealed a Better Way of Doing Business
    Author

    Dan Price

    Dan Price founded Gravity Payments when he was just 19 years old. His mission was--and is-- to help hard-working small-business owners stay competitive against larger corporations by making credit card processing transparent, fair, and easy. Today, nearly 20,000 independent businesses across all 50 states trust Gravity as their processor. Dan captured national attention in 2015 when he decided to slash his salary by more than 90 percent and raise the company's minimum salary to $70,000 a year. Although he's been criticized for what some consider his radical policies on pay and equality, Dan believes businesses have enormous power to promote social good, regardless of what industry they're in, by serving communities instead of shareholders and putting people over profits. His leadership has earned him many awards, most notably Entrepreneur Magazine's "Entrepreneur of 2014" and the 2010 SBA "National Young Entrepreneur of the Year," awarded to him by President Obama. He lives in Seattle with his rescue dog, Mikey.

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    • 5/5
      Thought provoking for business owners to find meaning in life. Company who laughed off proposal to avoid layoff by cutting executive salaries are no longer profitable for the owners..short term gains will not necessarily mean long term revenue..if you take care of people around us nature (creator) is bound to take care of your needs..no contracts signed..law of nature.

    Book preview

    Worth It - Dan Price

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