The Playbook With David Meltzer

Jotham Stein: Author of the book Even CEOs Get Fired | #ThePlaybook 369

Feb 27, 2021
Jotham Stein, attorney, law firm founder, and author of Even CEOs Get Fired. He breaks down negotiating a 'professional prenuptial' for severance and protections. Short, practical rules for employment and compensation contracts. Lessons from starting his firm and why founders must truly understand equity and cap tables.
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ADVICE

Negotiate Severance On Day One

  • Negotiate a professional prenuptial agreement by insisting on an employment agreement that sets severance and protections on day one.
  • Jotham Stein says use leverage to lock in money, equity, reputation protection, and healthcare so a termination yields a smooth professional reincarnation.
INSIGHT

Agent Skills Translate Across Sports And Business

  • Agenting for athletes and representing executives use the same tools: domain knowledge, negotiation, and protecting client interests.
  • The key difference is business deals often include equity while sports are mostly performance-based, creating different negotiation levers.
ANECDOTE

Reader In His 70s Regretted Missed Protections

  • A reader in his 70s emailed Stein saying the book made him realize he left a lot on the table during his career.
  • Stein shares this endorsement to show the book's lessons apply across career stages, not just for C-suite.
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