{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Startup Therapy","title":"Why Most Founders Don't Get Rich","html":"","width":"100%","height":180,"duration":1682,"description":"In this episode of the Startup Therapy Podcast, we discuss the common struggles of making money in the startup world. They explore the 'noble' but flawed narrative that founders shouldn't pay themselves, why aiming too big too soon can prevent profitability, and the cycle of raising funding that often leaves founders broke.\nSign up for the Startups Newsletter\nhttps://www.startups.com/newsletter\nResources:\nStartup Therapy Podcast \nhttps://www.startups.com/community/startup-therapy\nWebsite\nhttps://www.startups.com/begin\nLinkedIn \nhttps://www.linkedin.com/company/startups-co/\nJoin our Network of Top Founders \nWil Schroter\nhttps://www.linkedin.com/in/wilschroter/\nRyan Rutan\nhttps://www.linkedin.com/in/ryan-rutan/\nWhat to Listen For\n00:00 Introduction to Startup Therapy\n00:23 The Broken Narrative of Not Getting Paid\n02:35 Self-Sabotage and Going Too Big\n04:08 The Funding Trap\n05:41 The Harsh Realities of Raising Money\n12:07 The Never-Ending Hunger of Startups\n14:36 Reinvesting in Growth\n15:06 The Reality of Increased Liabilities\n15:59 The Fear of Taking Money Off the Table\n17:00 The Importance of Paying Yourself\n18:14 Balancing Profit Sharing and Salaries\n19:07 The Misconception of Startup Growth\n21:13 The Dangers of Not Taking Money Off the Table\n26:09 Common Sense in Startup Land\n27:08 Conclusion: Get Paid Now","thumbnail_url":"https://img.transistorcdn.com/9y9tyZ-ziui558cT6TMlYq3DaFTS8yyOuY7HekWBCbM/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzYzOTYvMTU3NjI4/MDk2MS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}