3min chapter

Freelance to Founder cover image

Should You Get a Partner?

Freelance to Founder

CHAPTER

How to Form a Business as a Separate Entity From Yourself

Preston: When I started my first business, I paid myself like $2,000 a month salary. That was enough for me to like barely get by and the rest of it got reinvested into the company. He says he would hire an employee and then that employee would make him money because for every dollar in payroll, you should be generating three to four dollars. If you need it or whatever it is, you need to invest in your company.

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