87. Sweat Equity 101: Navigating the Opportunities and Risks

Under the Influence Podcast

Today, Whitney discusses the concept of sweat equity and shares her own learning journey with it, including how she’s both been burned and greatly compensated. Whitney discusses setting boundaries and terms and what steps you can take to set yourself up for success. She also talks about the importance of evaluating the value and service offering, voting rights, and the importance of being explicitly clear on what you want and why you need your non-negotiables in the contract. Additionally, Whitney advises on how to approach creating a contract and a structured timeline on when you'll get a payout and equity, and how to know when to walk away from a deal.

In this episode of Under the Influence:

• Understanding the concept of sweat equity
• Whit’s personal experiences with sweat equity
• Steps to set oneself up for success with sweat equity
• Importance of evaluating value and service offering
• Being explicitly clear on what you want and your non-negotiables
• Approaching contract creation & knowing when to walk away from a deal

This show is supported by:

• Get Supr | Go to getsupr.com and use the code UNDERTHEINFLUENCE15 for 15% off!

Connect with Whitney:

• Instagram: @whitneyeckis
• Podcast IG: @undertheinfluence.pod
• Eckis Marketing: @eckismarketing
• Get Supr: @getsupr
• More information about the show + businesses: whitneyeckis.com

This show is produced by Soulfire Productions