For years I’ve tried to articulate the notion of it’s not about the money but you have to pay people well and give them autonomy and failed. And today I came across the following video and it all made sense.
To put it into Daniel Pink’s words:
When it comes to motivation, there’s a gap between what science knows and what business does. Our current business operating system–which is built around external, carrot-and-stick motivators–doesn’t work and often does harm. We need an upgrade. And the science shows the way. This new approach has three essential elements: 1. Autonomy – the desire to direct our own lives. 2. Mastery — the urge to get better and better at something that matters. 3. Purpose — the yearning to do what we do in the service of something larger than ourselves.
And that presentation I linked to earlier? Probably the coolest thing I’ve ever seen on YouTube and the coolest presentation I’ve seen in a very long time. Wish I could draw that well and explain concepts that eloquently.

[...] pointed out the great video explaining what truly motivates people before. The book just goes into more details, highlighting research and what it takes to truly [...]