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In response to a question about determining equity for a business partner, the speaker emphasizes that there's no strict rule requiring a 50% share. Key considerations include the value the potential partner brings to the table and the duration of the existing business. If a business is well-established and the partner hasn't contributed previously, they shouldn't receive an equal share. The speaker suggests evaluating the contributions of both parties to determine a fair percentage, highlighting the importance of assessing both the partner's value and the current status of the business.
