The Real Reason WeWork's CEO Got Paid $1.7B
Issue #13 October 23, 2019-Adam Neumann steps down and Softbank pays big-ly
Today’s issue covers a potentially polarizing topic, but I assure you that if you read and watch the explanation below you will see that my intent is merely to use this current event related to WeWork’s catastrophic fall from grace and the disparate fate of its employees and its founder as a use-case to demonstrate a universal law related to compensation that is as real as the law of gravity.
The purpose of making this mid-week issue free to everyone is because it is extremely timely and important to empower more people around the inputs/factors that govern who gets paid what in society and why income disparity isn’t merely a political issue that will be addressed as we approach 2020, but is also a systems design reality that few people master and most spend their entire life/career. Watch the 24-minute video explanation below and you will be able to make better income and investment decisions moving forward by understanding the Law of Compensation like you respect and understand the Law of Gravity.
TL:DW version:
The Law of Compensation=
1) The NEED for what you do
2) Your ABILITY to fulfil that need
3) Your REPLACE-ABILITY (how hard or easy it is to replace you in that role)
ENJOY the commentary and lesson below…