Today, Whitney discusses the concept of sweat equity and shares her own learning journey with it, including how she’s both been burned and greatly compensated. Whitney discusses setting boundaries and terms and what steps you can take to set yourself up for success. She also talks about the importance of evaluating the value and service offering, voting rights, and the importance of being explicitly clear on what you want and why you need your non-negotiables in the contract. Additionally, Whitney advises on how to approach creating a contract and a structured timeline on when you'll get a payout and equity, and how to know when to walk away from a deal.

In this episode of Under the Influence:

Understanding the concept of sweat equity
Whit’s personal experiences with sweat equity
Steps to set oneself up for success with sweat equity
Importance of evaluating value and service offering
Being explicitly clear on what you want and your non-negotiables
Approaching contract creation & knowing when to walk away from a deal

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Connect with Whitney:

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More information about the show + businesses: whitneyeckis.com

This show is produced by Soulfire Productions

87. Sweat Equity 101: Navigating the Opportunities and Risks