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Startup: It’s A Lifestyle. So How Do Founders Get Paid?

Startup: It’s A Lifestyle. So How Do Founders Get Paid?

Hasnain Abbas Dilawar, Intrigued by Innovation

Answered May 1

It’s simple. They hold certain percentage of shares of the company and will get the profits according to it. Secondly, if the founder holds a position in the company, like most founders become CEOs or CTOs, they get salary as well as a percentage of profits.

Jonathan Neumann

Answered May 1
From the business profits of course. You really don’t have a business if you aren’t making and taking out profits. That’s really the only way to do it. If your investors can’t get on board with you 100 percent in control of the cash flow, taking out and reinvesting as you please, you don’t want those investors. If you need to get bent over by your investors in the business contract because you need their money before you can start making any profits. . . you’re not a founder really. You’re an employee. Avoid that at all costs. If you think you need to go that route for your business strategy, seriously reconsider. If it’s a truly a once-in-a-lifetime-or-rarer idea that could make a killing and not just one that’s essentially a gamble that you came up with in a month of brainstorming

If it’s a truly a once-in-a-lifetime-or-rarer idea that could make a killing and not just one that’s essentially a gamble that you came up with in a month of brainstorming, then you do (need to go that route). Otherwise, if you ain’t got much money to start you should start small. There are plenty of great non-revolutionary ways to make lots of money off of a small sum. Just do a little research. If you want to go big right off the bat and manage to get investors on board with a good contract than that can be good too, if you actually know what

There are plenty of great non-revolutionary ways to make lots of money off of a small sum. Just do a little research. If you want to go big right off the bat and manage to get investors on board with a good contract, then that can be good too if you actually know what you’er doing, that is.

In a business you put up money then do a little work and then come back with more. You pocket that more. Sometimes you expand your business with that profit. That is essentially the same thing as taking the money except it’s just in investment form. But you always make sure you, at the bare minimum, have enough to get by. Simple as that.

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