(Total Views: 442)
Posted On: 05/03/2018 11:43:43 PM
Post# of 32970
Nice post NT. The potential of Apple was ginormous before the word was invented, but not everyone is cut out for the risk/reward. Ronald wasn't, but the Steves were. The potential of nFusz is even larger, but not everyone is a good match for this venture. Wish everyone could have gone to Vegas like you to see potential customers first hand. Still blows my mind that you were in the booth all day to see that first hand.
Make sure your risk tolerance aligns with your actions: Wayne was in his 40s when he joined the two Steves; he had other life experience, including prior businesses that had gone belly-up. He understood the legal risks of a partnership — including joint and several liability, which holds each partner personally responsible for debt incurred by the partnership.
His risk tolerance was not a good match for this venture.
What if you sold 10 percent of Apple in 1976, like co-founder Ronald Wayne did?
https://www.washingtonpost.com/business/get-t...4c2d2b771d
Make sure your risk tolerance aligns with your actions: Wayne was in his 40s when he joined the two Steves; he had other life experience, including prior businesses that had gone belly-up. He understood the legal risks of a partnership — including joint and several liability, which holds each partner personally responsible for debt incurred by the partnership.
His risk tolerance was not a good match for this venture.
What if you sold 10 percent of Apple in 1976, like co-founder Ronald Wayne did?
https://www.washingtonpost.com/business/get-t...4c2d2b771d
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