How much am I worth to my business? What should I pay myself? The podcast blog supplement for iHeartRadio’s Wait What Really OK Podcast Episode 10, Why should I dream small at first for my business and my vision?
How much am I worth to my business? What should I pay myself?
As you build up your vision and envision the profits you will make soon, make sure you answer the question about how much I am worth to my business with humility and consideration.
From attracting other investors to spending the money you need in the right places, should you really be paid what you feel you are worth? Or, would it be better to put money into the creation, distribution, promotion, marketing and sales that much more?
How much am I worth to my business? I’m Priceless!!!
While you are priceless and while your idea may be priceless, you need to stay grounded. Many start businesses where they do not take a penny and take the slower approach of going full time as it is much more viable as well as possible and realistic.
Yes, you want to go full time now. Yes, some investment money came in, but will that money be returned that much quicker if it is going to pay you instead of being allocated to other parts of the business?
How much am I worth to my business? Enough to launch it correctly?
Be fair to your time, to your efforts but also to the business as a whole and the people that are investing in it. At the same time, when you show a business plan that pays you top dollar right from the start, that can push potential investors away and keep you from funding.
When you ask, how much am I worth to my business as you decide what to pay yourself, stay grounded, stay professional and stay considerate to the needs, requirements, and budget for the business and not just a quick way for you to start making big money, quickly.
The podcast link supplement for episode 10 of the Wait What Really OK Podcast is Braggs Apple Cider Vinegar. Learn more about the benefits at http://bragg.com/products/bragg-organic-apple-cider-vinegar.htmlTune In on iHeartRadio to listen to episode 10, “Why should I dream small at first for my business and my vision?” of the Wait What Really OK Podcast below:
The podcast video supplement for Wait What Really OK Podcast episode 10 is titled: What is the biggest reason for failure today? Loren Weisman answers.