New Marketing Idea

[Elwood]

How did you come up with your desired salary? Did you base it on personal budget needs like me. I was really just wondering what percentage number people that pay themselves this way are using and how they got it.

I don't think there is any "standard", as long as it is reasonable.

If your company is undertaking aggressive growth, possibly you can live with less of a salary to help fund growth and borrow less or not at all. If you are going to cruise for a while with slow growth, you can take a "bonus" or give yourself a pay raise.

Some people's standards of living are higher and lower and some people are willing to work for a lower salary to help fund growth for the bigger picture later on.

You need to cover the basics at first. What does it take for you to "survive" Beyond that is totally dependant on how you want to live and what kind of cash position you want your company to be in. Also, consulting your accountant or tax adviser is not a bad idea either. If you are seperate from your company, there are tax laws you can take advantage of.

Sometimes, keeping yourself a little bit "cash poor" will make one a bit more aggressive and work harder to sell more work, while watching the company flourish.

It is entirely up to you.