Katlego Sekhu
On Tuesday morning, the Siz The World team weighed in on comments made by entrepreneur Michael Jordaan, who revealed that the founding members of Bank Zero went without salaries for eight years.
The discussion centred around whether listeners would consider choosing share equity over a salary, provided their financial situation allowed it.
Mfundo Mbalane pointed out that while one may contribute significant value to a company, it doesn’t always reflect in their monthly earnings.
“Your paycheque doesn’t always equate to your value,” he said.
Mpho Maboi added that a person’s day-to-day financial reality plays a major role in making such a decision.
“If you’re able to meet your basic needs daily, then choosing equity makes sense because it becomes a long-term investment,” she explained. “But if you can barely make ends meet, paying me in equity is not going to cover my bond.”
Sol Phenduka echoed the sentiment, highlighting that financial stress can severely affect productivity.
“Michael Jordaan was able to ask Nike for equity because he was already earning a salary from the NBA,” he noted, pointing out that not everyone has that financial safety net.
The conversation struck a chord with listeners, as many reflected on the realities of weighing immediate income against long-term investment – especially in a tough economy.
To hear the full discussion, listen to the podcast.
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