Founders should pay themselves enough to avoid debt and stay motivated, but not so much that it depletes company funds.
A small salary increase can make a big difference in lifestyle and thus motivation.
While saving is important, founders shouldn't aim for typical high-salary savings rates, but rather focus on what allows them to be all-in on their startup.
Individual needs vary, so there's no one-size-fits-all answer or formula.
Founders should develop their own compensation philosophy.
00:00
Transcript
Episode notes
Dalton Caldwell and Michael Seibel discuss the best approaches to developing a healthy lifestyle that ultimately helps you run and grow a successful startup. Funders, take care of yourselves out there.