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A business partnership where both founders get 49% of the profits/voting rights and the remaining 2% goes to a flip a coin

by JamesH May 15, 2021 4 Comments 3 Links

#business, #chance, #entrepreneur, #jointventure, #jv, #luck, #partnership, #projects, #shares,

A business partnership where both founders get 49% of the profits/voting rights and the remaining 2% goes to a flip a coin

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3 Links and 4 Comments

Miss Entropic on May 15, 2021 at 6:17 pm
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Idea: A business partnership where both founders get 49% of the profits/voting rights and the remaining 2% goes to a flip a coin
Link: https://www.inc.com/jeff-haden/how-flippin...
I cite this article, stands to reason. Keep as much random chance in there as possible – before the inevitable predictability sets in: https://www.inc.com/jeff-haden/how-flipping-a-coin-can-actually-help-you-make-smarter-decisions-backed-by-science.html

How Flipping a Coin Can Actually Help You Make Smarter Decisions, Backed by Science
Link: https://www.inc.com/jeff-haden/h

Why? Because your brain knows more than you think , especially when you’re not “thinking.”

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Clever Dick on May 15, 2021 at 11:12 am
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Idea: A business partnership where both founders get 49% of the profits/voting rights and the remaining 2% goes to a flip a coin
Link: https://www.ebwonline.com/articles/why-mak...
hmm, bad idea. The idea is to use your judgement to make good decisions, rather than leave them to chance. If every dispute was decided on the flip of a coin the business wouldn’t take off.

Why making decisions shouldn’t be left to chance
Link: https://www.ebwonline.com/articl

Why making decisions shouldn’t be left to chance

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Jimbo on May 16, 2021 at 12:43 pm
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I disagree. Often the business wouldn’t take off. But look at evolution. Once in while chance can get you places you wouldn’t have got to otherwise.
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Seal Dwidakiss on May 15, 2021 at 6:39 am
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Idea: A business partnership where both founders get 49% of the profits/voting rights and the remaining 2% goes to a flip a coin
Link: https://www.independent.co.uk/arts-enterta...
Sort of related, nothing can escape you from chance.

Dice Man books ‘influenced’ business tycoon Sir Richard Branson
Link: https://www.independent.co.uk/ar

Sir Richard will use his wealth to support “social enterprises” for environmental causes

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