Worth It: How a Million-Dollar Pay Cut and a $70,000 Minimum Wage Revealed a Better Way of Doing Business

He’d started around 20 companies by the age of 12, but only one ended up mattering to Idaho-native Dan Price: Gravity Payments.

Inheriting a hard-working, entrepreneurial spirit from his parents, Dan started Gravity in high school and was eventually able to implement a $70k minimum salary for his employees.

In this episode, Dan shares all the twists and turns in his unique story with Erik. Plus, Dan tells about…

  • Growing up in an extremely conservative home
  • How he came up with the idea for Gravity Payments
  • How he handled negative feedback from critics of his $70k minimum wage

Find Dan’s book, Worth It, here.For more interviews like this one, subscribe to HawkeTalk on Apple Podcasts, Spotify, or wherever you listen to podcasts!