How much am I worth to my business? What should I pay myself?

text over graphics

How much am I worth to my business? What should I pay myself? A Messaging Strategist Loren Weisman article for FSG Messaging and Optics.
Blog Header graphic in Blue with the title that reads, how much am I worth to my business as well as an image of Loren Weisman and the FSG logo.

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?

An image of a Las Vegas Skyline with a hotel in the background and a blue lake on the bottom. A dark blue circle in the middle as text that reads Connecting with a professional on a networking site will not always make them a professional connection for you.
“Connecting with a professional on a networking site will not always make them a professional connection for you.”

How much am I worth to my business? I’m Priceless!!! Right?

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?

The same can relate to connection too.  Consider that first handshake or call is not hyped as more than it in. Take your time.

“Connecting with a professional on a networking site will not always make them a professional connection for you.”

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 put up some relationship red flags for potential investors 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.

By resonating with your humility, your businesses long term strategy and an awareness for the perceptions of those involved from investment to those working with you, consider an amount that honors every aspect across the board. 

Taking that approach over trying to pay your self as much as you possibly can will present you, your professionalism and your commitment to the long term in a better light.

*******
Brand Messaging Strategist Loren Weisman is a contributor for FSG Messaging and Optics.
Loren focuses on the authenticity, authority, optics, psychology and perceptions of a brand, persona or product.
Loren is also the host of the brand messaging podcast; Wait What Really OK.
*******
LW Website
FSG Website

LW IMDb
LinkedIn
YouTube
Instagram
Facebook

Pinterest
Send2Press
Google Business
*******
Wait What Really OK Podcast
Podcast IMDb
Pandora
iHeartRadio
Apple Podcasts
Amazon Music
Spotify
Radio.com
Spreaker
Google Podcasts
*******
Brand Messaging Videos Series IMDb
Instead of that…Consider This! Video Shorts IMDb
*******
Fish Stewarding Group
& FSG Messaging and Optics
(Orlando Division)
207 W. Plant Street
Winter Garden, FL, 34777-0991
Em: brandmessagingstrategist@gmail.com
Ph: 001-407-614-7446
© 2020 Loren Weisman. © ® ℗
*******
A lorenweisman.com footer graphic in blue with the title that reads how much am I worth to my business with an image of Loren Weisman, the Wait What Really OK logo, the FSG logo and some social media icons.How much am I worth to my business? What should I pay myself?
About Loren Weisman 101 Articles
Loren Weisman is a brand messaging strategist with a focus on the authenticity, authority, optics, psychology and perceptions of a brand, persona or product for The Fish Stewarding Group. FSG is stewarding strategic solutions by educating, developing and transitioning businesses through strategic guidance and process architecture.