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I don't believe the focus should be "how much" rather "is it enough to survive". Are founders paying themselves enough to meet their basic needs of survival (fo
by semerda 13y ago
I don't believe the focus should be "how much" rather "is it enough to survive". Are founders paying themselves enough to meet their basic needs of survival (food, shelter, family etc) ref Maslow's hierarchy of needs. We all have different circumstances and thus needs change too. Ref I am not talking about wants, just needs :-)
Like in business it is a fine art of balancing it all out. Pay yourself too little and our human basic needs to survive kick in (reptilian brain) and instead of using your cognitive mind to focus on the business you focus on the lack of money. So not paying yourself enough is very damaging for everyone involved with the business too.