Chapter
Creating a Winning Formula with Downsides
38:08 - 42:28 (04:19)
The speaker talks about the importance of having a downside in setting up a business agreement to ensure a sense of loss for each party if the business fails. They also discuss the different winning and losing formulas in businesses.
Clips
In this conversation, the hosts discuss the importance of incentives in shaping people’s behavior and how to structure good incentives.
38:08 - 42:28 (04:19)
incentives
Summary
In this conversation, the hosts discuss the importance of incentives in shaping people’s behavior and how to structure good incentives.