Choosing equity over salary means you’re opting for a share in the company’s success instead of immediate cash. It’s like owning a piece of the company, so if it does well, your share becomes more valuable. This setup encourages you to work hard and be invested in the company’s growth because your own success is tied to it. Even though you might not get paid right away, the potential for big rewards down the line can be really motivating.
In short, while a salary gives you money now, equity gives you a shot at bigger rewards later on.
Choosing equity over salary also allows flexibility for individuals to work for the startup in their free time, gradually transitioning from their current job once they see promising growth in the startup. This gradual approach minimizes risk and provides the opportunity to gauge the startup’s potential before committing full-time.
