REPLAY: Golden Handcuffs

Uncommon Wealth Podcast

In this episode of the Uncommon Wealth podcast, host Philip Ramsey and co-host Arron Kramer are joined by Stephen Smith, creator of Cajun Fest and founder of Rework. They discuss the concept of "golden handcuffs" and how it can trap individuals in unfulfilling jobs. Smith shares insights on measuring productivity and the importance of psychological safety in the workplace. He also offers advice for business owners on combating the golden handcuffs mentality and fostering a culture of innovation. Tune in to learn how to break free from the constraints of traditional employment and pursue an uncommon path.

Key quotes from Stephen Smith:

"Modern day employment is the great domestication of man.""Our incentives aren't aligned for innovation. Our incentives are keeping people in the exact same spot.""People start to become checked out and feel like they lost their life because they're starting to realize, I've been domesticated.""You can't manage what you don't measure in your personal or your professional life.""Measure the outcomes, not the distributive and procedural justice.""Figure out what they want you to do in 40 hours and learn how to do it in 20.""Take the last 10 hours to develop yourself professionally and be the best personal you can be.""You assume that my presence means I'm present, and that is absolutely a farce.""You can't manage what you don't measure. So how do we understand and crowdsource this information?""We need to have an organizational health MRI. We need to understand what's going on and where we need to make changes."