I need some help:
I own part of an HVAC company with 30 employees. I want to switch our company to Square for payments so we can start accepting Bitcoin. We are too large and it has been too complicated to use some of the other solutions out there until now.
I want to begin educating our employees and technicians about Bitcoin. What are your best ideas to do that? Has anyone onboarded their employees to bitcoin?
I want to empower the employees via bitcoin, but have to do so in a way that recognizes that they will not have the knowledge or conviction that I have and will not be immune to volatility like I am.
Thoughts and ideas? Please repost. I'm sure I'm not the only one on #nostr wondering the best way to do this and I'm trying to find others who have done so successfully.
nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyehwumn8ghj7mnhvvh8qunfd4skctnwv46z7ctewe4xcetfd3khsvrpdsmk5vnsw96rydr3v4jrz73hvyu8xqpqsg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q8dzj6n nostr:nprofile1qy0hwumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2qg4waehxw309ajkgetw9ehx7um5wghxcctwvsqzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq76kl2yj nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsqzqpxfzhdwlm3cx9l6wdzyft8w8y9gy607tqgtyfq7tekaxs7lhmxf5dcd8v
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Replies (24)
Each individual employee will have a different mindset about it. I suppose it depends if you want them to first understand why bitcoin ie. Why sound money over fiat.. bitcoin history, maybe some Saifedean books/ Parker Lewis blogs/ even consult with BTCPAY Server who deal with lots of bitcoin business.Or ..If you want them to just accept the change, it's just a case of familiarising them with the interface of a square terminal.
Buy them all a copy of Bitcoin Standard or similar book for Christmas.
They almost assuredly won’t read it
It’s very challenging to get someone to understand Bitcoin without them personally spending the time required.
Long term, Bitcoin needs to be something that people hold without having to put in the hundreds of hours since most people won’t do that.
Also, I meet very few people who will read a book let alone blue collar guys.
Start simple with like special Bitcoin bonuses, if they setup a wallet and give the address. It will lead to self discovery and research.
nostr:nevent1qqs9c3hx08syry2n2cnhcv6pvk5vufywdzdp83nt93fe0c2v7xn6seq0uudan
"You don't know what you dont know" 🤷🏻♂️
AmityAge hold regular academies that help 'teach the teacher'
https://www.amityage.com/bea
Management --> mandatory training once a quarter (or whatever time frame you decide.
Standard technician --> has information relayed to from management.
Regardless I'd love to stay up to date with how this goes. Keep us posted
This would be after you've started accepting BTC payments but here are a few options of the top of my head.
-You can tell the crew that if a job is paid in BTC they can keep 5% (or whatever number makes sense) split amongst themselves. The catch is that it's paid as a Christmas bonus so they are at least forced holders through the year. If they think they have a bitcoin bonus coming they will follow the charts and start to understand the swings and movements. Maybe it will inspire deeper learning.
-You can offer a BTC savings match similar to how employers match 401k. Limit it however you want; match $100 a month, $50 a month, etc. You can even make it so that it only vests when an employee reaches one year, two years, etc with the company. This will encourage employee retention and savings.
-You can offer an extra 30 minutes (paid) on Friday lunch hour where you have socratic discussions on money, life, etc.
I think that you will have to offer some incentive. Especially because you're in a position of authority looking for them to learn about one of your interests. What you're planning would be an altruistic move and ultimately it will need to partially come at your short term expense.
Just my 2 sats.
Great suggestions. Thank you!
Sure thing! One thing to look out for is suggestions 1 & 2 may only incentivize price fixation. I've tried to onboard friends only to have them care about price action & not the deeper moral or philosophical questions that come along with the studying this stuff. That will be the hardest part but I wish you all the luck and I appreciate you're trying to do right by your guys.
Yeah that makes sense. I think they have to understand the problem to care about the solution. Otherwise, they're just trying to make money and when the price drops they sell.
Bingo
I did a hiring bonus for an employee. Bought it when they were hired and the plan was to pay out on their 3 year anniversary. They turned out to be a bad fit for the company so I fired them at 6 months and they didn’t hit the earn out. That Bitcoin sits on the balance sheet now.
Haha nice
Don’t do it yourself. Bring in someone that can explain it to the group better than you. Then all you have to do is reinforce the presentation and deal with individual questions and concerns.
There’s no one I personally know who could explain it better than I can
I have this thought a lot.
nostr:npub1aeh2zw4elewy5682lxc6xnlqzjnxksq303gwu2npfaxd49vmde6qcq4nwx
Maybe nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyw8wumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctvqqst32wlsgvqsnjfpkygxs4f6jyt0nc0kg935xdevwlv668dd26uh0gt6xm6g can help. They are doing the exact thing at nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqyq7vs0grm0eratx7ktt740l54zeactcdtg5jfld6stxesgj5xx6k6tmndm3 you want to accomplish.
It's extremely difficult to orange pill. They will find it when the time is ready. Switch to Square in order to accept BTC, so customers can pay, but employees will find it when ready.
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One of the best things you can do is to not be pushy but to offer employees options such as receiving a performance bonus in bitcoin or simply show them how easily they can receive part of their paycheck in bitcoin. You can introduce them to River, Strike, and Cash App, each have options to do this easily. Let them experience the growth over time. There is no substitute for seeing NGU happen to your own savings.
I believe Square has a $600 limit at this time? Perfect for restaurants, might not be a good fit for HVAC services. I assume most clients want invoices too. Have you looked into Zaprite?
Correct. Good point.
I’m not sure what HVAC fully encompasses but is considering heat reuse an option? AKA home mining.
That might be a more appealing angle than accepting bitcoin.
I’ve asked my pool guy about it for a pool heater and he got really excited at the idea. Don’t think he’s a bitcoiner, but the thought of him being able to offset costs for customers piqued his interest.
