Depends on how much you raise and what your cost of living is. There is this myth (?) that as a founder you should be constantly starving and living in a 20 person apartment. In reality, you should pay yourself the minimum amount of money that allows you to not stress about personal finances so that you can allocate all that stress to your startup. As long as you’re frugal and genuinely care about your startup’s long-term success, you should be fine.
Our assumption is…
Don’t count your chickens before they hatch. Worry about raising first then worry about salary.
Depends on how much you raise and what your cost of living is. There is this myth (?) that as a founder you should be constantly starving and living in a 20 person apartment. In reality, you should pay yourself the minimum amount of money that allows you to not stress about personal finances so that you can allocate all that stress to your startup. As long as you’re frugal and genuinely care about your startup’s long-term success, you should be fine.
Don’t count your chickens before they hatch. Worry about raising first then worry about salary.