As the CEO of a startup, know your living expenses.
That way, you can set a realistic salary for yourself and make sure your needs are met.
You’ll also have a far clearer picture of how much of your business’s profits can be reinvested to grow your team.
Set a number for your salary and stick to it so you know what you have to work with.
And if your business outperforms your expectations at the end of the year, you can always take a chunk of those profits as a salary through a large bonus to yourself.
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