Reblogged from LIFE and Leadership by Chris Brady:

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When the LIFE company was established, one of the primary goals of its founders was to accomplish something in the area of compensation that hadn't been done before. The heart behind this was to offer financial rewards that would truly be based upon performance.  But there was more.  It was also desired to put a heavy emphasis on revenue sharing with the field - this is "corporate speak" for not letting the company keep most of the profits.  

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LIFE just keeps getting better and better!