The BetterLife Podcast: Wealth | Real Estate Investing | Life cover image

#34: Tommy Mello

The BetterLife Podcast: Wealth | Real Estate Investing | Life

CHAPTER

Equity Ownership and Lean Management in Business

This chapter explores the benefits of giving equity ownership to employees and partners in a real estate company, leading to increased motivation and investment in the company's success. It discusses different methods of structuring equity and performance pay in a business and emphasizes the importance of lean management and building systems. The chapter also touches on the challenges of hiring friends and family, the advantages of being a platform company, and the significance of making great decisions in business.

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