Rashid Gilanpour

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The next major concern I hear about time tracking is the concern that there is much more to building value in a company than simply logging hours. That is true, but without time-tracking you will never understand one person’s contribution relative to another. One person may work full time and another just a few hours per week. Unless you want to guess what each person is doing you should keep track.
The Slicing Pie Handbook: Perfectly Fair Equity Splits for Bootstrapped Startups (Mike Moyer's Virtual Dojo)
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