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Forums » Accounting & Financial Management

CEO salary in early startup

    • 6 posts
    June 6, 2012 6:26 PM EDT

    If you're a founder and CEO of a startup in its early stages and you land capital, is it common practice to pay yourself a small salary from the investors' capital?  Say forty thousand a year.  Something small.  Is this common practice and considered okay?  

     

    Thank you so much in advance for any replies.  

    • 6 posts
    June 12, 2012 7:29 AM EDT

    Any thoughts on this?  If so, much appreciated.  Thank you.