Why do you prefer equity over fees?
Replied byDavid Grutman
Founder & CEO at Groot Hospitality
Niche: Agencies
Revenue: Estimated $15M-$30M USD/month
Location: Miami, Florida, USA
Started: 2018
Fees create short-term income, but equity creates long-term wealth. Some of my best investments have generated returns that far exceeded what I could have earned through consulting fees or appearances. Ownership allows you to benefit from the full growth of a business.
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