This is going to be BIG.
APRIL 4, 2021
When you live in NYC, you give up space—since housing is more expensive here per square foot than Wyoming or New Paltz. It was a one-bedroom I rented with 25% of my annual salary. my annual salary. The other major factor in what it costs to live in NYC is the opportunity cost of physical space. How many people can do that now?
David Teten
AUGUST 19, 2019
Founder Earnings = Net Income + any amount of founders’ salaries over a certain threshold. If you want to eat ramen, pay yourselves a small salary, and reinvest every dollar into growth, we don’t get a penny and that’s okay. “As your business grows we calculate what we call “Founder Earnings” and Earnest is paid a percentage.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Up and Running
AUGUST 28, 2019
Wyoming offers no state income taxes and good asset protection. The current board (known as the initial board) appoints the board of directors, their roles, and their salaries (which can be zero dollars)—in most cases, these are the same people and roles as they were initially .
online.wsj.com
SEPTEMBER 23, 2012
"When youve bootstrapped a business where youre not drawing a salary and depleting whatever savings you have, thats one of the very difficult things to do," says Toby Stuart, a professor at the Haas School of Business at the University of California, Berkeley. North Dakota. Pennsylvania. Rhode Island. South Carolina. South Dakota. Washington.
Steve Blank
JUNE 18, 2009
Alaska , Wyoming , Colorado , Washington , Oregon, Maine.) (Most Silicon Valley startups have great policies for having your dog at work but not your kids.) Long vacations. We would take at least a 3-week vacation every summer. Since my wife and I liked to hike we’d explore national parks around the U.S. The short answer is no.
Expert insights. Personalized for you.
74 
Let's personalize your content