Imagine having to decide how much you’re worth, just as you’re starting out in your career. You’re fresh faced, have a ton of potential and energy, but you need some cash to start your move. All great entrepreneurs have face this quandary. Entrepreneur Mike Merill decided to just sell shares of himself to raise his start up cash and to whittle down his potential ideas into a viable business– to find some direction. But his experiment took him in all sorts of directions – might it be a lesson at making sure you set your price right at the initial public offering? He set his initial share price at a dollar a share, offering a hundred thousand shares. Initially 128 people bought shares, including Marcus Estes, who is an investor in Mike Merill’s life.
Imagine having to decide how much you’re worth – just as you’re starting out in your career. You’re fresh faced – have a ton of potential and energy…but you need some cash to start your move…
All great entrepreneurs have face this quandary.
My next guest decided to just sell shares of himself to raise his start up cash and to whittle down his potential ideas into a viable business…to find some direction.
But his experiment took him in all sorts of directions – might it be a lesson at making sure you set your price right at the initial public offering?
Entrepreneur Mike Merill set his initial share price at a dollar a share … offering a hundred thousand shares. Initially 128 people bought shares … including Marcus Estes, who is an investor in Mike Merill’s lif