Bassana shares 1% of WPOK's quarterly revenue with team via algorithm
Daniel Bassana · He Did $170k Last Year, Shared Profits with 6 person Team Using This Algorithm · Mar 20, 2021 · at 9:25
Daniel Bassana, founder of WPOK, explains his system for quarterly employee bonus distribution based on revenue rather than net profits.
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“At the end I decide every quarter to allocate, it's roughly one percent of the revenue, I divide this among the people in the team, and I put together an algorithm that takes in consideration how many hours they work for me, how long they've been in the company, what's their role”
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More from Daniel Bassana
Bassana: WPOK closed 2020 with €170,000 in total revenue
“Revenue, we close at one 71 70 thousand K.”
Bassana: WPOK will generate between €230k and €250k in 2021
“Well, it looks it looks like, I think we can close around to 30 to 50.”
Bassana: WPOK manages around 200 websites across 150 active customers
“So now we are managing around 200 websites. That means 150 active customers, because we have customers and some agency that have multiple websites.”