138: Fear Not to Share Equity with Ian Schnoor

Ian Schnoor is the Executive Director of the Financial Modeling Institute (FMI) and Founder of The Marquee Group, a leading financial modeling training, consulting, and accreditation provider. We discuss financial modeling essentials, the basics of giving equity to your employees, and effective ways to attract and retain good employees. 

 

Time Stamps

[00:38] Ian’s entrepreneurial journey

[04:18] How Ian turned his teaching practice into a thriving business

[06:30] When Ian decided to hire his first employee

[08:05] Ways to attract and keep exceptional talent

[11:50] Dos and don’ts of giving equity to your employees

[15:23] The true worth of equity in a business

[18:35] Why financial modeling is essential for business success

[20:09] What is a financial model, and why should you care?

[23:38] The goal of a good financial modeler

[26:55] The evolution of practical financial modeling

[29:51] Benefits of learning financial modeling 

[33:07] Parting thoughts 

 

Links and Resources

Steve and Greg Cleary’s Book: Pinnacle: Five Principles that Take Your Business to the Top of the Mountain

Work with Steve – Stevepreda.com

Ian’s LinkedIn 

Financial Modeling Institute (FMI)

The Marquee Group