Exactly. This is an issue with non-profits as well. They delude themselves into thinking they're in decent financial shape, even though they have a managing dir

Exactly. This is an issue with non-profits as well. They delude themselves into thinking they're in decent financial shape, even though they have a managing director, often the founder, who's taking no salary, or a very reduced salary. Then that person moves on and--BAM--they're hit with market rates trying to replace them, and they're in trouble.