Per Diem Podcast
Jump in the front seat as the host Keaton Turner takes you on a daily ride through his life as if you were sitting right there in the action with him. The Per Diem Podcast is a daily dialogue of the good, the bad, and the ugly of building a business.
Navigating Equity and Ownership: Advice for Entrepreneurs and Investors w/ David Harris
Keaton Turner opens with reflections on personal growth and the challenges of running a business. Engaging with listener interactions, he offers guidance for young entrepreneurs and discusses various career paths. The episode shifts focus to ownership stakes, equity investments, and maintaining financial health, with insights on equity negotiations. Keaton explores market realities and compensation strategies, underscoring the importance of becoming indispensable in the business arena. A sponsorship segment introduces Corey Carlson's Rise Community, followed by investment advice and closing remarks, offering a thorough exploration of business navigation and personal development.
Key Points
- Investing time and effort into a small business as an employee can lead to potential ownership opportunities, but it requires a deep understanding of the company's financial health and long-term viability.
- Before seeking equity or phantom equity in a company, employees should have transparent conversations with owners about the company's financials and their own value contributions.
- Evaluating whether to invest in a small business or in more traditional investment vehicles like stocks requires careful consideration of both personal career goals and the financial stability of the business.
Chapters
| 0:00 | |
| 5:02 | |
| 12:32 | |
| 22:24 | |
| 31:34 | |
| 44:12 | |
| 52:13 | |
| 56:06 | |
| 57:20 | |
| 58:03 |
Transcript
Loading transcript...
- / -