How to pay yourself as a startup founder | Startup Finance Basics w/ Kruze's Scott Orn | E1860

(0:00) Introduction of Scott Orn and discussion on founder salaries

(2:25) Trade-offs of starting a company and how salaries increase with funding

(4:41) Role of builder founders and dangers of underpaying oneself

(8:05) Transitioning into entrepreneurship and managing side hustles

(10:03) Importance of board-approved founder salaries and discussing equity

(13:05) Gender disparities in founder salaries and efforts to close the gap

(15:52) Managing personal expenses and company accounts

(17:05) Leading by example and salary distribution within a company

(20:26) Investor expectations and high-value employees earning more than founders