Send us a text In this episode, Mike Scott dives into the importance of challenging assumptions in business. From personal anecdotes to practical advice, Mike explores how identifying and questioning assumptions can lead to better decision-making and a more resilient company culture. Tune in to discover how embracing this mindset can transform your business processes and foster a culture of psychological safety. Find out more about working with me or about applying to join the ILN. mike@smbma...
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Send us a text In this episode, Mike Scott dives into the importance of challenging assumptions in business. From personal anecdotes to practical advice, Mike explores how identifying and questioning assumptions can lead to better decision-making and a more resilient company culture. Tune in to discover how embracing this mindset can transform your business processes and foster a culture of psychological safety. Find out more about working with me or about applying to join the ILN. mike@smbma...
EP38 - Why Equal Equity Splits Often Fail, And How to Do It Right
How To Be Moderately Successful.
16 minutes
7 months ago
EP38 - Why Equal Equity Splits Often Fail, And How to Do It Right
Send us a text In this conversation, Mike discusses the critical importance of having open and honest discussions about equity distribution among co-founders when starting a business. He emphasises that while many assume a 50-50 split, this often leads to complications later on. Drawing inspiration from the book 'Slicing the Pie', he outlines a structured approach to fairly allocate equity based on contributions such as cash, time, resources, and intellectual property. By tracking these contr...
How To Be Moderately Successful.
Send us a text In this episode, Mike Scott dives into the importance of challenging assumptions in business. From personal anecdotes to practical advice, Mike explores how identifying and questioning assumptions can lead to better decision-making and a more resilient company culture. Tune in to discover how embracing this mindset can transform your business processes and foster a culture of psychological safety. Find out more about working with me or about applying to join the ILN. mike@smbma...
