Mitarbeiter mit Cash oder Anteilen bezahlen

0:00No surprise, we saw a chess improvement and life improvement. We do over 1 million in revenues. We would like to be at I'm pessimistic, so I guess 5 million in next 12 months. >> [laughter] >> You're pessimistic, so you're saying only a 5x in a year. Cool. Got it. >> What is stopping me, I guess, is people. >> Okay. >> The qu-

0:26>> So, the question I have is I would like to hear your tip about this. It seems to me I have two options, either to invest more money, which I have investors who are happy to give, and then we can hire people whom we can easily pay six figures, >> Uh-huh. >> or give equity. So, I'm in a stage where I don't want to make mistakes that after a few years, I will go back and like a stupid hour.

0:55You grew yourself and you had this problem with people. How How How >> So, there's actually a pretty simple math equation for this, though. So, it's what's the equity cost if I give it to the employee to get them to basically the delta between what their compensation would be at full cash comp versus cash plus equity compared to that cost of equity if I were to sell it to an investor to cover the cash.

1:21You know what I'm saying? So, if you raise it $100 million and and you sell 5% of the business and you get $5 million in cash, can I use that $5 million in cash to pay everyone cash compensation and net only a loss of 5% of the business? If you say, "You know what? Screw the You know, the the fundraising. I don't need the $5 million in cash. Can I get everybody I need for less than 5%?" Makes sense? So, it's a math equation.

1:47That's a good These are some of my favorite ones. >> Yeah, thank you very much. One quick question. I have watched many of your podcasts, many of your interviews. So, every time I was Come on, ask him this question and nobody asked you this question. So, it's my my chance to ask. >> [laughter] >> Okay. >> Yeah. So, to many questions you would at some point answer I don't care until I win or I want to win. Yeah. So, what is win for you? Thank you.

2:15>> Yeah. Uh the game. I mean, I can tell you that now. It's the game. I enjoy playing the game. So, for me uh you know, the process. So, the process that I use to optimize anything is I do a lot of volume of whatever it is. I do I make a bunch of ads. I take a bunch of sales calls. I I make a bunch of content and then I look at the past 100 or 1,000 units of of effort or output and I say what are the top 10% have that's different than the other 90. Can I isolate that? And the next 100, I just want to do the things that I have there. And I just continue to repeat that process in everything. And so, I had this moment when I was 21 where I worked uh a job that I absolutely hated.

2:56Um and the boss of that company, I had a particularly good weekend and I seen to chip her on Monday. And she said um you know, you know, you seem you know, happy. And I was like, "Yeah, you know, I had a good weekend." And she said, "I'm pretty sure the key to happiness is living as many days in a row like that as you can." And it was actually a pretty profound statement for me because it actually made it very operationalizable. Which is like, "Oh, so figure out what a good day is for me and then try and live that day as many days in a row as I can."

3:25And so, for me a good day has three things. I work out with something that I like. I eat food with people I like. And I write something. If I have those three things, I had a good day. And so, most of my life is just trying to do that day over and over and over again as much as I can. And that's really that's my life. Now, some people don't like that life and I'm like, "By all means, live your life." That is what works for me. >> Very interesting. I ask this question to AI which you can there is not look at all of them you put all the YouTube and you ask give another answer so if I was very interested to hear this from you and thank you very much.

4:00>> You're welcome. >> And thanks all your team and everyone for helping us. Thank you very much. Thank you champions. Stay awesome. >> If you are business owner and you are not growing as fast as you like, I'd like to give you a free gift. So my team and I put together the $100 million scaling road map which is basically 200 hours of us looking over all the portfolio companies we've had and what stages of growth they went through and more importantly where they got stuck and how they got past it. And so we broke it in these 10 stages and we made this little kind of quiz thing where if you put in your business information it'll tell you where you're at and the most important part for you, what to do for each of functions of the business across product, marketing, sales, customer success, recruiting, IT, human resources and finance. And so no matter what you're struggling with, someone else has already struggled with it and solved it. And so I'd like to give you this thing absolutely free. You can go to acquisition.com/roadmap, plug in your business information and if you want us to actually help you deconstruct the business and you're trying to scale, we'd love to help you out. On the thank you page you can just book a call with my team and we will look at the business, see if we can help and if we can, we'll invite you out to Vegas and we'll do this in person live.