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$9.8M Paid in Profit Sharing: How Kit's Compensation Model Works
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Hey Reader, In the last 10 years, Kit has paid $9.8 million in profit sharing to our team. I wanted to share the full breakdown of how our compensation model works—and why we built it this way. A few things that might surprise you:
It's a bit too long to share in full here in the newsletter, but I hope you click through to read the breakdown on my blog. I think you'll find it interesting! PODCASTI Met 16 Of The World’s Smartest AuthorsJames Clear and I co-hosted a private mastermind in Nashville with 16 of the world's top nonfiction authors. In this episode, Haley and Chelsea from the Kit team join me to break down our favorite takeaways from the event. We get into the Instagram strategy large accounts use to reach new audiences, why top authors spend 80 hours prepping for their most important podcast appearances, and how to get into rooms above your level by curating the experience yourself. Watch or listen to episode » ARTICLE$9.8M Paid in Profit Sharing: How Kit’s Compensation Model WorksWhile most companies hope to return money to shareholders in a moonshot acquisition, we’ve created a unique model to help our team think like owners and find multiple paths to financial freedom. We want everyone at Kit to make decisions as if they’re spending their own money—because they are. See the breakdown of how our compensation model works: —Nathan P.S. I also shared Kit's Compensation Model as an X article. If you have a moment to leave a like or comment to help it reach more people, I'd really appreicate it! |
Nathan Barry
I'm a designer who turned into a writer who turned into a startup CEO. My mission is to help creators earn a living. Subscribe for essays on building an audience and earning a living as a creator.
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