How do the speakers split compensation?

Andy NearyI help insurance professionals turn brand awareness into business growth.

Success tips 👆 on running a business with family and friends.

22 Mar 2025 · 0 min

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0:07

Three childhood friends who started a business together explain how they make it work: they use blunt locker-room talk to solve problems fast, hold each other accountable, and pool all compensation to split equally. Being comfortable enough to argue without resentment is the whole thing.

Questions this video answers

They pool compensation into one pot and divide it equally among the three (split by three).

Since you guys have grown up together, now you live on the.
Same street.
Together, what.
Advice would you give two friends who want.
To get in business together?
You've got to be pretty comfortable. I mean, I think the athletic background is important or something along those lines, right? Because you can have that locker room talk. If someone's not holding their end of the bargain, what are you doing? Like, you can kind of give them some slack. We. Another weird thing that you may not know is we share our compensation. It goes into one pot. We divide it by three equally.
And I think that what's happened is we've been able. We just. We know each other well. We grew up together, right? We all did. And we're able to have those discussions along the way without anyone getting cue insert. Without having, like, it's nagging, nagging, nagging. Boom. It blows up, right? That's. That sometimes you have the relationships. So it's. I love that everybody in the group, if you're. If you're accountable and you're competitive and you can get along and communicate well, you'll have no issues.