this post was submitted on 28 Oct 2023
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ALOHA

SO I started a company and did the slicing pie method. An engineer got 20% and then a medical doctor got 10%. One day I realized I would rather have everyone own equal. One share maximum. SO now we all own the same amount of the company and are unable to gain any more shares. I am selling the next share for $17500.

Benefits of Equal Shares-

  • Everyone has same accountability
  • Math is easier
  • Share price only increases

Negatives of Equal Shares-

  • Complacent team
  • Inflexible

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Read How to get rich by felix dennis

He says if you wanna get rich, avoid slicing the pie as much as possible, and try to keep as much as you can for yourself