Solopreneur Life：一人公司该给自己发多少工资

When our businesses start making consistent money, it can be tempting to put every available dollar back into growth. We have taxes, software, contractors, marketing, operating expenses, and plenty of new opportunities competing for our cash.

But if we're doing meaningful work inside our businesses, we shouldn't always be the last people getting paid.

In this episode of Solopreneur Life, we walk through five steps for figuring out how much to pay ourselves without relying on a one-size-fits-all percentage.

We discuss how to treat ourselves as part of the team, understand the true cost of running our businesses, determine the right way to compensate ourselves, and allow our businesses to create wealth for our families. We also explore how to decide which dollars should stay in the business for reserves and reinvestment and which dollars may have a better job outside of it.

We'll also look at Andy's current Hill Media goal budget, including how he thinks about team compensation, operating expenses, family wealth, reserves, and reinvestment.

Because ultimately, our businesses shouldn't exist just to pay our software companies, contractors, vendors, and everyone else around us. They should support our lives too.

Resources:

💰 Gusto
Payroll software Andy uses to pay himself through Hill Media:
https://marriagekidsandmoney.com/gusto (referral link)

📘 Own Your Time
10 Financial Steps to Put Your Family First and Escape the Corporate Grind:
https://marriagekidsandmoney.com/book

🎙️ Leave a Voicemail for the Show
Have a solopreneur question you'd like us to answer on a future episode?
https://marriagekidsandmoney.com/voicemail

Credits:

Host: Andy Hill
Editor: Johnny Sohl
Podcast Support: Michelle Ahmed