Something that was brought up in a video I recently watched.
It’s become easier than ever to offload a growing business. The private equity market has really grown over the last few decades. That means that anyone starting aw business now has the opportunity to sell that business and cash out, at any point from initial founding to a billion dollar company.
Think of the kind of person that would turn down a billion dollars just to maintain control over their company or work of fiction. Enough money to never have to work again and for you and your descendants to live in absolute luxury. Spend the rest of your days doing literally anything you want.
Think of that. And now think of what kind of person would turn down such an offer and say, “actually, I want even more money and power. I’ll keep running the company.”
We’ve made it so easy to cash out that only the real weirdos keep going.
Something that was brought up in a video I recently watched.
It’s become easier than ever to offload a growing business. The private equity market has really grown over the last few decades. That means that anyone starting aw business now has the opportunity to sell that business and cash out, at any point from initial founding to a billion dollar company.
Think of the kind of person that would turn down a billion dollars just to maintain control over their company or work of fiction. Enough money to never have to work again and for you and your descendants to live in absolute luxury. Spend the rest of your days doing literally anything you want.
Think of that. And now think of what kind of person would turn down such an offer and say, “actually, I want even more money and power. I’ll keep running the company.”
We’ve made it so easy to cash out that only the real weirdos keep going.