5 ms·
"Ownership is not the most important thing. It is the only thing that counts. Nothing else counts in the getting of money. Shareholder thanks do not count. A g
by airhead969 6y ago
"Ownership is not the most important thing. It is the only thing that counts.
Nothing else counts in the getting of money. Shareholder thanks do not count. A good salary and a company car and health plan and pension don’t count. Most share options (usually nothing more than the promise of chickenfeed to salaried employees, and a promise broken half the time, too), don’t count. The gratitude of colleagues doesn’t count.
Nothing counts but what you own in the race to get rich. If you haven’t much skill, or much wit, or much talent, or much luck, and yet you insist on owning more than your fair share of any start-up or acquisition, then you can become rich. If you take what you’re given, you will probably not get rich."
- "How to Get Rich" by Felix Dennis (late billionaire publisher)
If you want compensation, insist on it. Don't accept third-class steerage shares that are 100% of nothing.