Saturday, August 17, 2019

Be an Owner


I have become far less willing to invest in the early stages of something if I am not an owner. I worked at three companies as an employee. All for less than five years. The problem with that is that contributions compound in the same way as Capital. A successful businessman I know said it took him seven years to earn what he was earning as an employee when he started his own thing. Not many people stay at companies for seven years anymore. If you aren’t an owner, is it worth putting the effort in? As a long-term investor, I am not that interested in the first five years, if they can’t lead to the next five years. What you do today almost doesn’t matter if it isn’t connected to tomorrow. The domino effect of compounding will always favour builders over starters. Building an Engine is a substitute way of taking ownership of your effort. Of connecting the days. Ideally, we would all be owners of the things we are building. “Act as if you are an owner” is a terrible substitute for “Be an Owner”.



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