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In this video, Chandler Bolt discusses how to create a company profit share to encourage employees to invest in the long-term success of the business. He believes profit sharing can enhance profitability while fostering a positive workplace culture, as it aligns with his values of making a difference and caring for people. Chandler acknowledges the complexity of setting up a profit share system, noting that there is limited information available. He aims to explore various approaches to implementing profit sharing and will share specific strategies used in his own company, emphasizing its effectiveness in creating mutual benefits for both the business and its employees.
