Salary of startup founders and workers
Posted: Sun Jan 05, 2025 6:51 am
The ACTIONS you take count. Having the idea of doing 100 sit-ups every day is different than doing them. Execution dominates, ideas are commodities. Failure: 9 out of 10 don't make it. You have to be ready to accept it if it goes wrong. With serenity. Startup marketing helps to launch a business but it's not enough: you also need the right people, the cash, the entrepreneurial ability.
you earn much less than average. This will last at least 3 or 4 years belgium email list after launch. You will often miss vacations (or have to work on holidays and weekends). Layoffs: sometimes you will have to send away people you appreciate but who don't fit the numbers at that moment. Growth hacking: even when it works, it is often not enough to generate cash in the short term.
With Likes and SEO sessions you don't pay salaries. Surviving alone: in the first 3 years of the startup's life, you have to make it on your own and not immediately look for money from an investor without first having validated the effectiveness of the idea in the field. Benchmark: Companies like Facebook, Google, Amazon and LinkedIn are rare and lucky cases (0.001%). For the first 3-5 years you don't even think about these success stories for a minute.
you earn much less than average. This will last at least 3 or 4 years belgium email list after launch. You will often miss vacations (or have to work on holidays and weekends). Layoffs: sometimes you will have to send away people you appreciate but who don't fit the numbers at that moment. Growth hacking: even when it works, it is often not enough to generate cash in the short term.
With Likes and SEO sessions you don't pay salaries. Surviving alone: in the first 3 years of the startup's life, you have to make it on your own and not immediately look for money from an investor without first having validated the effectiveness of the idea in the field. Benchmark: Companies like Facebook, Google, Amazon and LinkedIn are rare and lucky cases (0.001%). For the first 3-5 years you don't even think about these success stories for a minute.