Read Millionaire Fastlane
I've Read UNSCRIPTED
- Oct 31, 2011
I thought like you for a long time, until I had a chance to validate my own thinking. I paid what in retrospect was an aggregious percentage to the workers, and the productivity increase that I got as a result was exactly 0. I can tell you from first-hand experience that your hypothesis is incorrect.More motivation for RJ to continue building an empire. He's already proven that he's capable of kicking a$$ and the more equity he has the more incentivized he'll feel to build it even further.
I was actually surprised he only offered him 10%. Offering him 10% makes sense within the context of the other members being offered equity, but since only 2 accepted, I think 20% would have been more appropriate.
But then again, Glenn can hold it out strategically and offer him more down the line once he sees how involved RJ continues to be as the business progresses.
Don't like ads? Remove them while supporting the forum. Subscribe.