2min chapter

My First Million cover image

From Blogger To $100 Million Business With Neil Patel

My First Million

CHAPTER

Is It a Good Idea to Give Equity to a Profit Share?

Moss: "I put up all the money. If it does well, great. If it doesn't, i lose the money" He says he gives equity to a partner who runs things and then shares profit share with them. Moss' ideal structure is for 20% of profits to be distributed on a monthly basis - no one has to pay back any of the other stuff.

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