“As of Jan 1 I came off the Management Committee, I'm still on the Investment Committee, and I won't take new board seats as we sell companies.”
JA
James Andersen
Buyers and Builders ·
Restaurant Unstoppable with Eric Cacciatore · 1295: Ed Doherty, Founder of One Degree Coaching
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required managers to invest $20,000 to buy company stock, creating a five-year contract that acted as a carrot for ownership
$20,000
“As of Jan 1 I came off the Management Committee, I'm still on the Investment Committee, and I won't take new board seats as we sell companies.”
“When these energy companies get whacked on commodity prices moving sharply lower for a day or two, and they get, you know, oil goes down 5% to 7% and these stocks go down 20%, you buy them.”
“I floated the company on the stock market. And five years later, I sold it for 10 times the float price.”
“Publish it on costpluswellness.com so it can act as an open source for all of these contracts so that any employer can use them and any provider can post their contract.”
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