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Tim Westergren, CEO of Pandora Music Company, has revealed how he persuaded his staff to work for two years with no pay after the company went bust.
The Co-Founder launched his music streaming business in 2000 with a start-up investment of $2million. Unfortunately, just one year later, Pandora was officially bankrupt. However, Westergren refused to throw in the towel, instead delivering a persuasive speech imploring his 50 employees to carry on regardless of whether they would receive a pay check or not.
So how exactly did he do it?
