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Equity Over Salary: The Secret to Attracting A-Players with Dakota Malone | The Better Than Rich Show Ep. 175
Manage episode 431259015 series 3290331
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Dakota Malone is on the show today to share his incredible journey of surviving five heart surgeries and how those experiences shaped his entrepreneurial spirit. At just 30 years old, Dakota has co-founded a successful community solar company, demonstrating the power of resilience and strategic thinking. He discusses the unconventional choices that led him to success, such as choosing door-to-door sales over a secure job and the importance of strategic partnerships in growing his business. Dakota's story is a testament to the impact of strong values, innovative strategies, and the relentless pursuit of excellence in both personal and professional life. Tune in to hear how he turned his challenges into a thriving business and a fulfilling lifestyle.
Chapters:
00:00:00 - Solopreneurship Struggles: Why Going Alone Isn't Worth It
00:00:35 - Meet Dakota Malone: Five Heart Surgeries to Business Success
00:02:05 - From Sales Rookie to Solar Powerhouse
00:06:40 - Building a Business on Sustainability Principles
00:10:18 - Why Strategic Partnerships Matter
00:12:00 - Equity Over Salary: Attracting Top Talent
00:14:00 - Overcoming Limiting Beliefs in Business
00:15:45 - The Power of Equity in a Startup
00:18:30 - Hiring A-Players: The Fivefold Return
00:20:15 - Documentation and Predictability in Business
00:22:00 - Using Notion for Business Operations
00:27:58 - Turning Competitors into Collaborators
00:30:24 - Crafting a Sustainable Business Model
00:35:35 - Creating Irresistible Offers for Partners
00:37:41 - Maximizing Market Value
00:42:08 - Final Thoughts: Building a Resilient and Sustainable Business
Connect with Dakota here:
- Dakota on LinkedIn
- Community Solar Authority
Book Recommendations:
- Never Split the Difference by Chris Voss
- The Lion Tracker's Guide To Life by Boyd Varty
- Courage Is Calling: Fortune Favors the Brave by Ryan Holiday
Connect with The Better Than Rich:
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