The School of Greatness cover image

93 Why You Have to Pay Profits to Yourself First with Mike Michalowicz

The School of Greatness

CHAPTER

The Sliding Scale

Mike McAllolowitz: I would say that a lot of the people listening, there's probably a lot of people that are inspired to have their own company and be an entrepreneur. And then give them a little road map, a simple road map of how to set this up. For those individuals listening, what would you recommend to start out as how much one, first, how much they should be taking percentage to pay themselves? Or does it increase and decrease as there is a sliding scale depending on how much more the company makes?

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner