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019: How Sam Parr Retired With Over $20 Million by Age 31

The Nick Bare Podcast

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The Reality of Working Non-Stop for a Conservative Salary

There's this false expectation that people think that the founders of companies are wealthy wealthy wealthy people when in reality like you're working non-stop for sometimes a pretty conservative salary. I've got a friend that raised fifty million dollars for his startup it didn't work out it went out of business after five years he got acquired but his book in aquaire and the only money that he made was a hundred and twenty five thousand a year in salary. It takes six seven eight years ten years whatever it takes before you're at the stage now where you could probably take a meaningful dividend or something right? We have like net 30 net 45 terms of my lot of manufacturers but we're front loading inventory in

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