“Show me a cap table and I'll show you the value system of the founders… The thing that stunts these small businesses is the owners are under the impression that the mid and lower level employees don't want to be rich too. Yeah, they do. They don't want to just make good livings. They want to be you. They want to have equity.”

it costs you money. Well, that's being an entrepreneur. You write a check at the end of the month.

…Leverage is knowing that if you had all the money in the world, this is what you'd buy. He goes, If you give me $500 million, I'd want to buy this ranch. I already have the ranch, so therefore I'm not selling. And I think there's just a lot of wisdom in that, you know, throwaway line on TV show.

I'm kind of obsessed with family businesses. So I think like the apex of entrepreneurship, I mentioned James Dyson. He tried to sell equity in his company. No investors would give him any money. No angels helped him. I mean, he had to put up his house for collateral. It could have been homeless. He…

All right, let's leave it there, David. David Senra is a researcher and historian best known as the creator and host of the Founders Podcast, where he reads and analyzes biographies of history's greatest entrepreneurs. David really enjoyed that. Thanks for joining us.

Thank you so much, Scott.