In episode #1431, we talk about how much equity you should give your partners! When starting a new business or including partners in an existing one, the question of how to split equity is so important. Tune in and hear different ways to approach the slicing of the pie, when equity becomes important, and some of our own experiences navigating this tricky side of running a business!
TIME-STAMPED SHOW NOTES:
- [00:25] Today’s topic: How Much Equity You Should Give to Your Partners.
- [00:55] Basing equity on a combination of capital and effort based value each partner provides.
- [02:03] Using a more mathematical approach using Slicing Pie.
- [02:30] Gauging if a potential partner is being reasonable in their demands.
- [03:24] How Eric split equity in ClickFlow with his business partner.
- [04:00] Why the partnerships and business model at SingleGrain didn’t go so well.
- [04:54] The idea that equity only becomes a problem when you start making money.
- [05:16] That’s it for today!
- [05:17] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information.
Links Mentioned in Today’s Episode:
Leave Some Feedback:
- What should we talk about next? Please let us know in the comments below
- Did you enjoy this episode? If so, please leave a short review.
Connect with Us:
Discover Latest Episodes
In this episode #2988, Eric Siu and Neil Patel discuss how ChatGPT is changing user behavior and conversion rates compared to Google. They explore the rise of AI assistants in search, the cost efficie...
In this episode #2987, Eric Siu and Neil Patel discuss navigating B2B summer slumps, managing multiple offers, and building authentic brands. They also explore the emotional side of AI-generated conte...
In this episode #2986, Eric Siu and Neil Patel discuss AI in advertising, the need for human-AI collaboration, and challenges for small businesses. They also touch on online feuds and global marketing...