11Sweat equity versus blood equityCARING FOR YOURSELF
We know from parents, school, and a lifetime of societal messages that we need to contribute, sacrifice, and drive hard in order to achieve success. We have been taught all along that we will have to invest in our own success.
In the business world, when dollars are invested in the starting of a business, it’s called equity. Another type of equity is called sweat equity. Sweat equity accrues when someone puts in time and effort for no immediate compensation but is a contributor to the success of a business and will be rewarded for this sweat with a share in the success of the business when the equity is sold or pays dividends. Many times this equity goes unrewarded because many businesses ...
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