Bill Gallagher on why business transitions breed conflict over money. Owners and successors often feel cheated by compensation splits, and investors and operators disagree on who deserves what. Reframing these conversations around shared goals helps.
It's nice not to have something being taken from you in what you believe to be unfair. So if you can have. But it's hard to have the conversation because as soon as you see the unfairness, you spin it up in your mind that they're doing it potentially intentionally or they're not paying attention to whatever is going on. Yeah. So if you can bring together those objectives and then give the person a gift like, hey, you are working hard. You should get more money. Right. And I'm working hard, too, because you're using my money to make all that money. So how about if we figure out how much is going to us for the investment side and how much you get for really, you know, doing what you're doing and doing it for us, you're making the investors money. But that's a whole different conversation and harder to have.
