TIP584: Optimizing for the Long-Term w/ Sahil Bloom
We Study Billionaires - The Investor’s Podcast Network
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Balancing Performance and Purpose
This chapter explores strategies for incentivizing high performance in business operators while emphasizing the importance of ownership and clear compensation structures. It delves into asset allocation strategies and the challenges of managing service-based businesses, particularly during growth phases. Additionally, it highlights the significance of setting boundaries, managing time effectively, and prioritizing personal fulfillment over professional obligations.
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