“Contribute… into the fund in one tax year… take the full deduction immediately… distribute grants… over the following years”
AK
Amanda Kish
Motley Fool Hidden Gems Investing ·
“It was a percentage of the business at sale, and it was vested over four years ... if we sold the business a year after we developed the phantom program, it would be 25 percent of whatever that percentage was”
Jim Fitzgerald · Built to Sell Radio · Ep 567 Rejected at 4x, Sold for 8 Figures: The Growth Mistake That Nearly Cost Jim Fitzgerald Half His Exit
Play from 14:56
14:56
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What was described
Implemented a phantom equity plan that granted key employees a percentage of the business at sale, vested over four years (e.g., 25% of the grant after one year)
Vested over four years; 25% after one year
Said nearby on the same subject
“In Georgia, what we've done is given the community an $80 million grant that they can deploy over five years.”
♫
Said on Rapid Response
“Private equity as a whole outperformed the S&P 500 by over five percentage points annually… 14.28% a year vs 9.2%”
♫
Said on Tony Robbins Podcast Daily
“Go revalue your property, lock in that equity, get it on an interest only loan ... you can reset the interest only term after five years ... that locks in 10 years, a full decade, of access.”
SW
Stuart Weems
Investopoly ·
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