I need to motivate friends/new employees currently working for my LLC. We have no funding, no stock option plans.
Any idea on how to motivate them? Some examples are:
- Contract showing a lump sum will be given when milestone is reached.
- Asking them to count their hours so that they can be transferred to stock option later on when I convert the company to a C-corp.
- Other suggestions???
Please let knowif you have any idea. It is hard for people to work for free, and I can understand that!