Schwab: Split Half the Profit and Watch It Multiply

“If they make $100,000 a year, tell them you hope they make $200,000 someday. When you share half the profit, the company has half of $200,000 instead of half of $100,000. Don’t spend the $100,000 for anything but to build the company larger, to create more opportunity. It perpetuates itself.”

“Problems create opportunity. The solution to a problem is . . . common sense, open communication, complete honesty, and the desire to help your fellow man become a successful person.”