17. For Small Businesses Starting Out with Mike Moyer

Guest Mike MoyerOur new guest Mike Moyer brings a different perspective to the Prosperity Perspective Podcast, particularly for small businesses that are just starting out. Mike and host Liam Leonard talk about equity and why your company may be “rewarding” it incorrectly and unfairly to some of its employees. They will also delve into Mike’s key indicators that an idea isn’t going to work or is already failing and how to determine if the fair market value of business ownership--particularly when involving partnership--is going to be worth your time and efforts in the end. Join them and hear Mike’s advice to anyone listening who is  looking for an informed perspective for their small business share company. 3 Key TakeawaysWhy startups are a lot like playing Black Jack Why you should realign your understanding that businesses are always quantifiableWhy equity projections are always a recipe for disasterAbout Mike MoyerMike is a career entrepreneur and investor who has started and run companies in a variety of industries ranging from clothing manufacturing to marketing technology. Today he runs Slicing Pie, a SaaS company that helps startup founders create perfectly fair equity splits, and MosquitOasis that makes pop-up mosquito net tents for kids. He teaches entrepreneurship at Northwestern University and has held other faculty appointments at the University of Chicago Booth School of Business and MIT. He has written ten books with a focus on business and entrepreneurship including The Slicing Pie Handbook: Perfect Equity Splits for Bootstrapped Startups and Will Work for Pie: Building Your Company With Equity Instead of Cash.Connect with Mike MoyerWebsite: www.slicingpie.comEmail: [email protected]: clarity.fm/mikemoyer