Jason Lee, Founder & CEO, Salt Labs, A DotCom Magazine Interview

    About Jason Lee and Salt Labs:

    I love building, creating, innovating, and discovering.

    I have always seen the world differently than most, especially when it comes to financial matters. When I was 8 years old, my older brother had to raise money for a school trip by selling thirty $1 boxes of peanut M&Ms. The day before the money was due, he had sold all of one box ….to my parents. I took the entire case from him, walked around the neighborhood, and sold every box of M&Ms for $2, netting me $29 in profit.

    I loved creating new financial products at my first job at Goldman Sachs, my first job out of college. I started and ran a global business purely dedicated to that endeavor. Then I built DailyPay, a $2 billion HR/Payments company, where we invented “on demand pay”, a permanent change in the way employees get paid forever around the world.

    As an entrepreneur, I stick to three core principles: 1. Product – keep it simple and easy. The best products are the ones that abstract complexity and present a client application that is simple, easy, and transparent. 2. Execution – culture is the most important ingredient to team success. Investing in culture drives customer satisfaction, speed, and decision making. 3. You’re not smarter than the market – self explanatory.

    Salt is the first ever workers reward program that gives you the power to earn more than your paycheck. Salt represents the most valuable thing you have – your time. For each hour you work, you earn Salt which enables you to enjoy memorable experiences, share your gratitude with others, and build asset ownership over time.The mission of Salt Labs is to enable hourly workers to own the long-term value of their work.

    The mission of Salt Labs is to enable hourly workers to own the long-term value of their work.