Capitalism.com
When Should You Take On Equity Partners?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:21:39
- More information
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Synopsis
As a business grows it’s tempting to take the route of raising capital - and in some instances, it’s entirely appropriate. But how do you know if you should take on equity partner? That’s a huge step and it can be a risky thing to give away some of your company. In this episode of Freedom Fast Lane, Ryan answers a listener question about when it’s right to take on an equity partner. Ryan’s insight into the things that make a business grow are very helpful when it comes to assessing the timing on this sort of thing, so if you’ll take the time to listen you might come away with a different perspective than you had before listening. And you’ll be better off for it. Equity partners are not only about getting more funds. When you hear the term “equity partner” you probably think one of two things: #1 - You’re giving away part of your company (true). #2 - You’re doing it to get more money (half-true). The purpose of any kind of equity move, including the addition of an equity partner, is not just about the cash tha