For founders, the biggest challenge in scaling their business is not giving up equity but rather giving up control, as they must learn to trust and empower others to make decisions within their organization.
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Why Most Founders Can’T Let GoAdded:
[music] >> For founders and CRE, what's harder?
Giving up giving up equity or giving up control?
It's not about um control per se, it's just about decision-making.
I can create a financial framework where you are like an equity partner, but you get paid like that.
>> [music] >> So and it specifically answer your question um relative to um what is more difficult? Um probably control. [music] Control. Yeah. I think that's I think candidly that's the biggest challenge I I think I probably face.
And I need to you know, sometimes you're going to you need to manage through that. You're talking about Jack is the founder [music] or any anybody else you're talking to, they're the founder and I think what's the biggest thing that we we built this baby.
We built this baby and and making sure that giving up control or or you know, empowering people within our organizations that we trust [music] that we build that trust and that credibility and that know-how. Uh I I think that's the at least for me that's probably the hardest.
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