What incentives can you use to recruit a CEO for your company?
Answer by Drew Steig – Quoras Own Start Up Guru
Answer originally posted on Quora.Com
There are lots of great incentives out there, but let me tell you what attracted me to my current position. A combination of short term security and future profit sharing. I was offered a comfortable salary in a startup to take on the position, which declined by about 10% of the initial salary per quarter. I was also promised 25% of all future revenues. That gave me money to live off of while i laid the groundwork, and now i get no salary but make 4 times as much as my initial salary was. It was incentive to make it happen. The companies growth was my growth, and ive always looked at it that way since day one.