Hey guys and welcome to the PULTI Podcast.

Today we're going to talk a little bit about owning equity in a company.

We're going to talk about how to get equity in a company.

We're going to talk about the importance of getting equity in the company.

And we're going to talk about how to make sure that long term,

the equity that you have or would like to have actually has value.

Right? I mean, if I give you equity, for example, in a banana,

that's not necessarily too valuable.

So let's get started.

What is equity?

Equity, as I defined it anyway, is a piece to share in the profits

as a business or organization grows.

And why is that so important?

Many people say, well Bill, I'm addicted to my salary, I love my salary,

et cetera.

And by the way, they don't say that they're addicted to their salary.

But I say that they're addicted to their salary because often what happens

is people give people a salary to addictum like cocaine.

They try to addict you to a salary.

And so they try to make sure that when you're addicted to the salary,

that therefore you don't have any interest in the equity.

And it's a weird thing because as human beings,

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