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The Pulte Podcast

Own Equity

The Pulte Podcast

Bill Pulte

Business, Careers

523.7K Ratings

🗓️ 13 April 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

In this episode, Bill discusses how to get more money trough owning equity at a company. The ability to identify the value that you bring to the company will help you grow your wealth exponentially.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys and welcome to the PULTI Podcast.

0:04.4

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

0:09.2

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

0:12.2

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

0:15.4

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

0:19.6

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

0:24.2

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

0:27.8

that's not necessarily too valuable.

0:31.4

So let's get started.

0:32.8

What is equity?

0:34.1

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

0:38.8

as a business or organization grows.

0:42.8

And why is that so important?

0:45.0

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

0:50.2

et cetera.

0:51.2

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

0:54.4

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

0:58.8

is people give people a salary to addictum like cocaine.

1:03.2

They try to addict you to a salary.

1:05.6

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

1:09.2

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

1:12.8

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

...

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