“I don’t think you can go eight hours a day with something, whatever it is (with me, it’s a company), you can’t do that unless you’re in love, unless you have a passion, because it doesn’t give you back all that much at times, at times it gives you a lot of pain, a lot of heartaches.” Joe Foster, Founder of Reebok.
Equity sharing is just one of the tricky subjects discussed in today’s episode with Roland Frasier, and Ryan Deiss. Today is the beginning of a new chapter for the Business Lunch Podcast, as we welcome our new co-host Ryan Deiss. These two seasoned Entrepreneurs also chat about a sudden slump in sales and the (apparently controversial) role of the CEO when it comes to marketing.
Most Business owners think they want money. But they actually want what money can do for them, right? That might be to hire more employees, to get more equipment. It might be the ability to generate leads and customers by spending it on media. If you can help them with any of these things, then you’re genuinely an Investor. If you can’t help them with either cash or their needs, then you need to walk away. But if you can…Here’s Something You Need To Do.