Ep: 138 Expert Podcast Interview with Kevin Monaghan
Kevin Monaghan is the owner of Intuitive Compensation Group. Intuitive Compensation Group works with business owners who have an All-Star employee that is key to running the organization, improves the bottom line, and would be extremely important to a buyer if you were to sell.
As an Area Manager, he co-built a consulting firm in Shanghai China from start up to the top in his industry. That lead Kevin to receive multiple offers from competitors and the opportunity to start his own firm. Instead, Kevin learned the hard way through a failed profit sharing and equity program. On top of that, when the firm sold… Kevin watched the valuation drop over 60% for the owners because there was nothing in place to retain himself and the other manager… Who both left. In addition, Kevin has a background in comedy and worked in the writers room for NBC’s “the Office” and “Parks & Recreation” and Kevin sites his business and comedy background as an important factor that separates them from the pack, as conversations with key employees and implementing plans to keep them, can be nerve wrecking as a lot at stake for both sides. Because of this, his clients are better positioned to hone in on the goals, motivations, and purpose of BOTH sides when designing compensation plans. Ultimately, when everyone’s interests are aligned for mutual success, you create a win-win scenario that’s easy to get behind moving forward.
Key show note points include:
- Why Intuitive Compensation Group works with business owners who have an All-Star employee
- Why Kevin receive multiple offers from competitors and the opportunity to start his own firm
- Why Kevin learned the hard way through a failed profit sharing and equity program
Check out Kevin Monaghan at www.intuitivecompensation.com
Approval Code: CRN202008-235280
If you’re serious about growing your business and want to know more – reach out to me here or click the image below
It’s his unmatched expertise in this area, that help his clients create massively successful businesses and achieve their revenue goals in months not years. When he is not teaching others how to achieve success quickly, you can find him with his family, or walking his Golden Retriever, "Summer"