Why Paying Yourself is Critical for Your Social Business Model

Episode #156

If you don’t build a social business model that includes paying yourself (the leader), then you are not building a sustainable business model.

  - Stephanie Malon-Rufi



More information can be found at www.socialchangeleaders.net

 

Do you bring home a regular paycheck from your social business?  Do you have a plan to be paid regularly from your social business?  Do you want to have a sustainable business that lasts and can grow?  Many social entrepreneurs do not pay themself or do not pay themself enough.  In this episode, Stephanie Malon-Rufi, owner of Spark Good, goes solo and talks about why it is critical to have a plan to begin paying yourself from your social business.  You can earn a living and use your business as a vehicle for social change! In this episode, Stephanie discusses:

  • Common reasons social business owners do not pay themself
  • Some simple questions to ask yourself if you are not paying yourself at all or not paying yourself enough
  • How to start paying yourself (or paying yourself more)
  • Why it is important to pay yourself if you want a sustainable and strong social business
  • Some resources to help you get started

 

In this episode, we reference: