Detailed text transcripts for TV channel - MSNBC - 20160102:10:55:00
Yourself the minimum to cover your living expenses or what you're worth? i think investors like to see some kind of flexibility here like maybe build in a ratchet up system so that if you meet certain milestones in numbers you pay yourself more. if you are the business is failing then you pay less. so i think that's important also consider your corporate structure, whether you are a c-corporation, llc or sole proprietorship. there are certain tax applications so you need to check that out as well. >> and you started a few companies. when did you decide to pay yourself? >> my perspective is pay...