6 karma · joined September 16, 2019
I wasn't aware of them before, but yes. I guess I could publish tax returns each year, and then pay the mentor(s) their percentage of total income on a monthly or annual basis.
I don't know - if I knew what I needed to do, I wouldn't be asking for advice. I'm hoping that's what an auction can decide. Whoever thinks they can benefit me the most would offer the highest price.
I need to earn much more than 637K per year to pay for your hours. Thats because if you were to decide to stop the 1:1 sessions, you'd still get paid the 1% of income. So the real question you should be asking is, 'If I invest 1 hour into mentoring this guy, will he earn EUR 24,500 extra in the rest of his life?'
And that EUR 24,500 should be in todays money, so with a discount rate of ~5% annually for future earnings.
So over a 40 year working life, that works out to EUR 77,689 extra. Quite a lot to earn for every 1 hour consultation!