Concept
If you owned the company, if your name was over the door, how much control would you want? (Yeah, yeah, yeah, what about this and that? On average, how much control would you want?) Write that number down, a number between 0 and 100 percent.
Your answer:
I have asked this question of people all over the world. The answers range from 5 to 110 percent. Many people choose 51 percent. I haven’t kept a distribution, and you can imagine that the answers were, I would guess, roughly normally distributed. Every time I do this, I am amazed at the variety.
If you choose a number like 5 to 20 percent, you might ask yourself, “How would I know what our sales were? How would I know how many employees we have? How would I be ...
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