It's non-negotiable.
There are a million reasons Entrepreneurs don’t pay themselves well or regularly.
They prioritize everyone else’s paycheck over their own.
They keep the money in business accounts “just in case”.
They don’t factor themselves into the overhead / pricing structure.
They don’t “need” the money (they live cheaply, their partner has a “real job”, they have money to fall back on, etc).
They don’t know HOW or how much to pay themselves so they pay the bare minimum.
they want to avoid taxes.
they use their business accounts to pay for tons of personal stuff so it “shakes out” in the end. (PLEASEEEE DON’T DO THIS!!)
And there are a million reasons why it SUCKS to not pay yourself a market rate wage as the owner.
It leads to “the grass is greener” syndrome of wanting to search for other jobs.
You start to build resentment for your business.
You feel undervalued, like everyone else is more important.
If you plan to sell the business, it is a red flag.
Your personal financial scarcity starts to bleed into the way you see the world.
Does this resonate? Stay tuned for next week’s newsletter where I show you HOW to build yourself a market rate salary in your biz!
And if you were nodding your head and muttering, “Shittttt. that’s me.” Then book a call here. You might be ready to rip the bandaid off and dive in to the sustainable, easeful, PROFITABLE AF version of your current life.
