6min chapter

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#1112 Codie Sanchez On How To Get Rich During A Recession

The Pomp Podcast

CHAPTER

Is Your Equity Worthless?

Incentives are weird in a lot of individual based media companies, where there is no equity. If you do it more on like a revenue or profit share standpoint, now all of a sudden it's a feedback loop. I have tons of young people who always come to me and they're like, Hey, I'd like a job. And some of them are like, very sophisticated, like I can do ABCD. Here's how I've done it before. But the other folks, when it comes to compensation, I always say: There's two compensation paths here.

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