interest in a building that a tenant earns by contributing to its renovation or maintenance

remember that no matter how good a product and how solid a multilevel marketing plan may be, you「ll need to invest sweat equity as well as dollars for your investment to pay off.

记住：不管一个产品如何好，或者一个多层次直销计划怎样完美。你都需要支付相当的汗水以及美元来为你的投资买单。

every day, i am in awe of the sweat equity that my husband puts into this house, and i’m confident that the our investment will pay off in the end and make up for all his years of hard labor.

每一天我都被我丈夫为这所房子付出的汗水辛劳所震撼，但我相信我们的投资最终能获益，而且他数年的辛苦劳动能够得到补偿。

but over the years, i have come to realize that sweat equity isn」t the same thing as market value for your startup.

但是几年后我才意识到劳动和公司市值根本不是一回事。

no matter how good a product and how solid a multilevel marketing plan may be, expect to invest sweat equity as well as dollars for your investment to pay off.

不管一个多层次直销的产品多么好、计划多么完美，它期待着的是你支付的投资汗水以及你的钱。

however, your partner could just as easily have argued that her sweat equity is worth $250,000 since that「s what a prototype would have cost you to make had you hired a prototype development firm.

但是你的合伙人可以很容易提出来她的工资价值25万美元，因为不然的话你就得找原型开发公司帮你开发产品原型。

one simple solution is to 「pay」 a slight premium for sweat equity to early-stage employees.

一个简单的办法就是向早期员工“支付“一些劳动奖金。

when determining the value of the sweat equity provided by an employee or potential co-founder, first assess these three characteristics of the person in question

当确定员工或者合伙人的劳动价值的时候，首先要从三个方面对其进行评估

if you raise external capital, this is almost always regarded as sweat equity (meaning you don」t get it back until exit time, when you sell your equity).

如果你引进了外部资金，这些通常都会视为血汗产权（也就是说在你卖掉股权退出之前是拿不回这笔钱的)。

how should you decide if your prototype designer should be a co-founder who deserves 50 percent of your company or deserves $30,000 in sweat equity for her work as an employee or consultant?

如何判断原型设计师是作为合伙人而得到公司一般的股份呢，还是作为员工或者咨询师得到3万美元的劳动报酬呢？

what does that mean for the companies, and what does it mean for those who provide their own sweat equity for the projects?

对于公司来说这意味着什么，对于为项目提供自己的汗水的人们又意味着什么呢？

market value doesn't equal the sum of sweat equity invested by you and your partners.

公司市值不等于你跟合伙人付出的劳动之和。

sweat equity is just one component of early-stage valuation.

劳动只是早期评估的一个方面。