How to use Phantom Stock or EARs to Motivate your Startup Team

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In this video, we talk about stock options such as Phantom stock or EARs and their benefits to motivate your startup team. And how they are great options when you want to recruit startup team members and you don’t have a lot of money.


TIMELINE:

0:00 Intro
0:28 Entrepreneur’s perks and responsibilities
0:40 Make employees owners too
0:48 Tools to motivate your team
0:58 Pnatom stock
1:10 Equity Appreciation Rights
1:52 Vesting schedule
2:05 The IRS
2:35 How to recruit startup team members when you don’t have a lot of money


ABOUT ME:

I’m a Serial Entrepreneur, Teacher, and Digital Agency, Owner. I’ve founded or co-founded 5 startups: 2 sold (Triumvirate Innovations, Golden Acres Pet Food), 2 going strong (iCrimeFighter, Don Kavi Kombucha), and one burn out (Drive Alternatives).

I’m am an entrepreneurship enthusiast and on this channel, we will talk about all topics to help you make your passion your life.


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Learn More About My Paid Course: Startup Funding 101…How I raised $500k
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