@scotchisholm on Instagram

As a founder, you wear many hats. There are a million and one things you need to worry about, and founders’ compensation package is usually not top of mind. But it should be. At least until you get a structure that works. Here’s why: First, health & wellness. Startup founders are like professional athletes. They need to be at the top of their game to succeed and can’t do that if they’re worrying about paying rent and eating like crap. Second, it signals that you respect yourself and recognize the value you bring as a leader. This earns you respect in return. As CEO, you have to set that standard. Third, having the right founder compensation package from the start sets up your relationship with the Board for long-term success. If you want to read my article I wrote on this topic, comment “FOUNDER” and I’ll send it to you. (then share with your board)