Sloan Payne

“When you demand logic, there's a hidden price that you pay, you destroy magic. The whole world's run by logical people. But if that's the case, if it were only run by logical people, you'd only discover logical things. And I guess the point is in real life, A …”

“You need a dedicated person building into the culture, reminding people of good relationship habits, helping people interact in ways that reduce friction, that encourage connection and collaboration, and that's Matt's job. It probably would have been useful at…”

“We want to overtrust people before they're ready, put them in roles before they've proven they can do them. That's our whole mantra. And then we pay them really, really generously.”

“We say we have a saying that you do that sooner, not louder, before you build up a story about it. You give the person feedback before it's expanded into a narrative that's a fiction as much as it is the truth.”

“The number of people that have left WCM voluntarily in that time span, it's less than three or four.”

“I'm retiring in two years, and he's taking over my job.”

“So our thing is the own equity. We'll continue to pay your dividend. You participate in the profitability of the firm for seven years. After that, you give your equity back at book value, which at an investment management firm is nothing.”

“We've almost blown up at least three times that I know of, but because it is a high margin business with good recurring revenue, you can afford to pay people.”

“Since I've been here, we have never had a five-year plan. We have sales targets and we have some projects we're trying to complete every year, but we don't have a business plan for the next one, two, three, four or five years.”

“There's a layer of nepotism here that's worked incredibly well. Because people are pre-vetted, and if you're hiring not for credentials, but for self-awareness for the whole person, that's the whole ballgame for us.”