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in this video i want to talk about how christmas bonuses can ruin the culture of your company one of the worst things to do in a business especially if youre looking to grow your business uh is to just hand out participation trophies to everyone on your team theres this common understood concept commonly understood concept that its like you have to reward people for how long theyve been working at your company or people youve been working with you know deserve some form of appreciation for you know keeping a seat warm in your company and you know basically tagging along for the ride right and i know when i started smb team when we were a small company uh when we were a small air company i would give christmas bonuses and it was so fascinating to see peoples responses to a christmas bonus right you as the owner of a business you give out your first christmas bonus and to you it feels crazy the first time you do it like to give up thousands of dollars for a christmas bonus sounds