Most Important Lifestyle Habits Of Successful Founders
Y Combinator Startup Podcast
00:00
Founder Salary
- 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.
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