How do you decide how to pay yourself whenever your running your business?
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.
Free registration at the forum removes this block.How do you decide how to pay yourself whenever your running your business?
hey AJ this is CndLambo from LP. I have two up and coming business ventures. I'm learning alot from each business venture I take. The first one was when i was 17, the business was pretty good actually, the problem was i was treating my business my like it was my own which was my downfall. So for example for someone thats just starting right up again, do I pay myself a little or nothing at all until it gets bigger and bigger?
Thanks! That's what sitting in front of the computer for 5 hours a day does to ya! I only really take breaks for baseball games and special activities that really peak my interest...okay, okay. I'm not that big of a loser. I just enjoy this stuff.Yankees, you sound very well-spoken and mature for a 16 year-old; props
Its a sole proprietorship. I actually have no expenses in my life right now other than my phone bill.
Join Fastlane Insiders.