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Ep599 | What To Do When Someone Wants To Partner

The P.T. Entrepreneur Podcast
The P.T. Entrepreneur Podcast
Episode • Apr 20, 2023 • 18m

In this episode, Danny dives into the topic of business partners and whether or not it's a good idea to take on a staff member as a partner. He shares his own experiences with the Army. He explains that businesses that are not venture-backed are often cash-flow-driven and service-driven. Rather than asking if a person is the right fit to partner with, he suggests focusing on finding the ideal person who is good at things the business owner is not.

  • Discussion on Equity in Non-Venture-Backed Companies
  • The Value of Sweat Equity and Understanding Equity Ownership
  • Negotiating Equity in a Business: Advice for Start-Ups

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