2min chapter

2Bobs—with David C. Baker and Blair Enns cover image

A 7-part Theory of Principal Compensation

2Bobs—with David C. Baker and Blair Enns

CHAPTER

Understanding the Three Things Owners Get Paid For

The hosts explain the three components of compensation in a business - ownership, work, and risk - and emphasize the importance of distinguishing between them. They use the example of three equal owners to illustrate the concept.

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