Sign up to save your podcasts
Or
Share Startups, Sacrifice, and Salaries: Why Founders Should Pay Themselves First w/ Melissa Kwan
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Startups, Sacrifice, and Salaries: Why Founders Should Pay Themselves First w/ Melissa Kwan
Should founders pay themselves? It’s probably the biggest debate in the startup world. Many entrepreneurs believe sacrificing and struggling is necessary to succeed; that we should put everything towards growth to our own detriment.
Here’s the truth: being in survival mode isn’t the best state for a founder to be in. You can’t think, be creative or strategize effectively if you’re worried about covering your bills. In fact, not paying yourself could put you on the fast track to burnout.
The good news: there is a way to build our businesses while setting ourselves up for financial security. From the idea we go after to the way we fund the business from day 1, we can succeed without sacrificing our own stability.
Why is the concept of founders paying themselves so controversial? How do you build a business that feeds the life you want to have?
In this episode, I’m joined by 3x bootstrapper, entrepreneur, and CEO of eWebinar, Melissa Kwan. We talk about why you don’t have to build a business in survival mode.
Topics Covered;
-
How to put yourself in the healthiest state as a founder
-
How to choose your business idea thoughtfully
-
The challenge with “blue sky startups”
Guest Bio
Melissa Kwan is a 3x bootstrapper, entrepreneur, host of the Profit Led podcast and co-founder and CEO of eWebinar. She is a digital nomad who believes in life over work, happiness over revenue, and creative work over hard work. To learn more, visit https://ewebinar.com/ and connect with Melissa on LinkedIn.
About Your Host
Jayla Siciliano, Shark Tank entrepreneur turned real estate investor, excels in building brands, teams, and products. CEO of a bi-coastal luxury short-term rental company, she also hosts the Seed Money Podcast where she’s on a mission to help early-stage entrepreneurs turn their ideas into reality!
Connect:
Website: seedmoneypodcast.com
Instagram: @jaylasiciliano
Subscribe and watch on YouTube @seedmoneypodcast
Please rate, follow and review the podcast on Apple Podcasts and Spotify! Hearing your comments and questions helps me come up with the best topics for the show!
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice.
View all episodes
By Jayla Siciliano
5
5858 ratings
Should founders pay themselves? It’s probably the biggest debate in the startup world. Many entrepreneurs believe sacrificing and struggling is necessary to succeed; that we should put everything towards growth to our own detriment.
Here’s the truth: being in survival mode isn’t the best state for a founder to be in. You can’t think, be creative or strategize effectively if you’re worried about covering your bills. In fact, not paying yourself could put you on the fast track to burnout.
The good news: there is a way to build our businesses while setting ourselves up for financial security. From the idea we go after to the way we fund the business from day 1, we can succeed without sacrificing our own stability.
Why is the concept of founders paying themselves so controversial? How do you build a business that feeds the life you want to have?
In this episode, I’m joined by 3x bootstrapper, entrepreneur, and CEO of eWebinar, Melissa Kwan. We talk about why you don’t have to build a business in survival mode.
Topics Covered;
-
How to put yourself in the healthiest state as a founder
-
How to choose your business idea thoughtfully
-
The challenge with “blue sky startups”
Guest Bio
Melissa Kwan is a 3x bootstrapper, entrepreneur, host of the Profit Led podcast and co-founder and CEO of eWebinar. She is a digital nomad who believes in life over work, happiness over revenue, and creative work over hard work. To learn more, visit https://ewebinar.com/ and connect with Melissa on LinkedIn.
About Your Host
Jayla Siciliano, Shark Tank entrepreneur turned real estate investor, excels in building brands, teams, and products. CEO of a bi-coastal luxury short-term rental company, she also hosts the Seed Money Podcast where she’s on a mission to help early-stage entrepreneurs turn their ideas into reality!
Connect:
Website: seedmoneypodcast.com
Instagram: @jaylasiciliano
Subscribe and watch on YouTube @seedmoneypodcast
Please rate, follow and review the podcast on Apple Podcasts and Spotify! Hearing your comments and questions helps me come up with the best topics for the show!
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice.