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In this video, Ryan discusses the importance of profit sharing and the potential pitfalls of implementing a profit sharing program without proper planning. He emphasizes the need to consult with an accountant before starting a profit sharing program to ensure it is structured correctly. Ryan shares his own experience of wanting to reward his staff and involve them in the success of the business, but not knowing where to start. He provides tips and tricks to help make the implementation of a profit sharing program easier and more effective. It is essential to get it right to avoid negative consequences.