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50. Are You Getting Paid? Recognizing the Importance of Paying Yourself
Manage episode 303303340 series 2696999
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Itβs important to strike a balance and make sure that you are not only investing in your business, but that you're also investing in yourself. That means making sure that you're paying yourself, even if it's something teeny, tiny, even if it's just a little bit in the beginning. Make sure that you have some level of compensation in your business for yourself as the owner, as the founder, as the leader in the organization.
βοΈ Why finding a balance between investing in your business and paying yourself is crucial.00:39
π€ Savings versus compensation. 02:36
πΈ Decision time: Should you have a business bank account or a separate bank account for business? 04:12
π The deeper meaning behind compensating yourself. 07:08
π Pick a date! 11:39
π Doing an annual review of your salary. 13:02
π― Why itβs important to think of yourself as a person who should be compensated too. 15:04
Thanks for listening to Spark, a podcast that aims to provide a roadmap for the vegan professional. If you are feeling inspired, but wondering how to take some actionable steps to improve your business, I invite you to explore our two premium paid podcasts, Going Solo or Fix It.
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