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I always give away equity in my companies this is why | Ep 317
Published 4 years, 6 months ago
Description
Everyone gets the share of the pie! Today, Alex (@AlexHormozi) talks about how he is able to give away equity in his companies through a basic framework, and how he lives through one of his rules in life regarding making money for not just himself, but for everyone involved.Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.Timestamps:(1:33) - Vehicle for incentivizing employees, called Phantom Equity(3:32) - Purpose: employees participate and build wealth with owner(5:45) - Downsides: What if employee leaves?(6:57) - Purpose: Incentivize people to stay and grow businessFollow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition