Video

ifweraise2023-10-171205.mp4

Summary

The session covered various topics related to sweat equity. It began with an introduction and purpose of the session, highlighting the interest in sweat equity among startups. The definition and importance of sweat equity were discussed, emphasising that it represents ownership in a business and can be earned through work or sweat. The types of businesses that can use sweat equity were explored, with a focus on tech startups but also mentioning self-employed businesses and partnerships. Tips for finding sweat equity talent were provided, including networking on LinkedIn and finding individuals who align with the business's mission and values. The process of calculating and valuing sweat equity was explained, including the difference between shares and share options. The meeting also included a Q&A session and offered additional resources for attendees.