BBC News The Boss

The Boss




Would you take a pay cut for your employees?

Dan Price

At 31, Dan Price was a millionaire. His card payments company, which he set up in his teens, had about 2,000 customers and an estimated worth of millions of dollars.

But in 2015, he introduced a $70,000 minimum salary for all of his 120 staff at Gravity Payments - and personally took a pay cut of $1m. Five years later he's still on the minimum salary, and says the gamble has paid off.

Read more on why Dan Price made that drastic move here.

A lunchtime read

Susanna Najafi
Sara Mackey

If you're looking for something a bit more uplifting to read over your soup or sandwich and escape the news about job cuts, coronavirus closures and flooding woes, we've got you covered.

After breaking her neck in a serious skiing accident, Susanna Najafi started on her journey as a serial entrepreneur.

Within four years she was running a Swedish beauty products company that had a turnover of 130m Swedish kronor ($13.4m; ?10.3m), and today she is the co-owner of successful investment firm Backing Minds.

Read more about her story here.

CEO Secrets: 'Surviving cancer gave me purpose in life'
Cancer survivor Bradley Woodhouse says he wanted to start a business that "gave me purpose in life".