By Omar Barraza
I've worked with several startups and young companies and assisted others that have found themselves in similar circumstances. I think it's wise to simplify the decision. In other words:
Do you want to be the majority owner of a stable and profitable small business...
...or one of many minority owners of a rapidly growing business that will be acquired or sold in the future?
If you choose the later, you'll be working for a reasonable paycheck until the company is acquired or sold. If you want to make bigger paychecks sooner rather wait for a big payoff all at once, get stable and profitable ASAP and accrue your big bucks along the way.
I've worked with several startups and young companies and assisted others that have found themselves in similar circumstances. I think it's wise to simplify the decision. In other words:
Do you want to be the majority owner of a stable and profitable small business...
...or one of many minority owners of a rapidly growing business that will be acquired or sold in the future?
If you choose the later, you'll be working for a reasonable paycheck until the company is acquired or sold. If you want to make bigger paychecks sooner rather wait for a big payoff all at once, get stable and profitable ASAP and accrue your big bucks along the way.
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