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Kindle Notes & Highlights
If you have been an entrepreneur or worked for an early-stage start-up filled with Grunts, you know there are few places on earth with more excitement, energy and passion.
The Founder’s Dilemmas, Harvard professor Noam Wasserman
All companies need a single leader. Someone has to call the shots. This doesn’t mean they don’t listen carefully to the other Grunts, it just means they need to step up to the plate and make decisions when no one else will or make the final call on split decisions.
The people who put in the most work and provide the most value to the organization will have more pie relative to the others.
In a Grunt Fund, the owner or founder or leader Grunt holds all the equity until it’s time to allocate it.
Don’t join a Grunt Fund unless you trust the other Grunts.
Additionally, don’t think that just because you’re the founder that you should earn the same GHRR as your partner who has 20 years of experience.
