So, you're starting a company with your bestie, and you're thinking of splitting the equity 50/50. Seems fair, right? Well, hold on a sec! It turns out that an equal split might not be the best idea for every startup. Here's the deal: when you and your co-founder have the exact same amount of equity, it can lead to some serious headaches. What happens if you disagree on a major decision? Who gets the final say? It can turn into a total stalemate, and that's not good for any business. Plus, let's be real, startups are stressful! Disagreements about the company's vision, strategy, or even just the day-to-day grind can cause friction between co-founders. And in the worst-case scenario, it can even lead to a breakup (cue the sad violin music). Another thing to consider is the CEO's role. Even in the early days, someone needs to be the ultimate decision-maker. A 50/50 split can make it unclear who's really in charge, and that can create confusion and conflict. Here's a pro tip: founder vesting! This basically means that you and your co-founder earn your equity over time (usually 4 years). That way, if someone bails early on, they don't walk away with a huge chunk of the company they barely contributed to. So, what's the alternative? Well, splits like 49/51 or 40/60 can actually be a better option. It gives one person a slight edge in decision-making while still maintaining a strong sense of partnership. Ultimately, the best equity split depends on your specific situation and the dynamics of your team. But the key takeaway here is to think carefully about the potential downsides of a 50/50 split and explore other options that might be a better fit for your startup. And remember, open communication and clear roles are key to any successful co-founder relationship! #StartupLife #CoFounders #EquitySplit #FounderAdvice #BusinessTips

Men of Action Forum is called Men of ACTION for a reason. Our rapidly growing community is close to breaking 5,000 members, BUT... Over HALF of the members take ZERO action in this group. The purpose of this forum is to create a collaborative space for driven men to meet, discuss, and take action on High-Status Social Networking taught by Michael Sartain. Starting Monday, August 5th, 2024 Men of Action Forum will begin removing inactive members who do not contribute to the community. Everyone with zero contributions to the forum in the last 30 days will be removed. Those who have contributed value to the group can ignore this message - thank you for being a man of ACTION. For everyone else, you have less than a week to take action and contribute value. To contribute value do three things - create valuable posts that engage other members in the community around MOA related topics, like posts you enjoy, and become a "suggestor - connector - content creator" for the community with your contributions. You got this 💪

I recently posted about a discussion my wife and I had, and I received some valuable suggestions on how to approach the situation. Following the advice, I decided to give my wife more time, communicate with her, and work towards resolving any problems. However, a recent conversation with her has left me deeply perplexed. After years of legal battles, I finally gained custody of my children from my ex-wife, and I've been raising them alongside my wife's 3 and 4-year-old sons since they were young. This morning, my wife expressed gratitude for everything I've done for her, her children, and her parents who moved from Venezuela. Unexpectedly, she then admitted that what I've done for her and her kids is beyond her capabilities. She confessed that she struggles to spend time with them as a mother would and, shockingly, suggested that I send my children back to their biological mother. She asserted that this would allow our life to return to how it was before. Stunned, I managed to respond by acknowledging her feelings and agreeing to the arrangement, but I emphasized the need for changes in how we approach things moving forward. While I haven't outlined the specifics of these changes, I have a general idea of what needs to be addressed. This revelation has left me lost for words and battling a surge of emotions. Despite my initial reaction, I refrained from expressing anger physically and opted for a more measured response. I'm now in the process of formulating a plan for how to move forward with this newfound information, all while grappling with the emotional toll of the situation.

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Hello everyone! Am curious: What is your #Nr. 1 advice, to be associated with high status?