Small Business Owners: How to Pay Yourself in 2022
One of your main concerns as a small business owner is most likely how to pay yourself. A large component of feeling respected, confident, and productive is being adequately compensated You were proud of yourself for putting in so much effort and earning so much money on your first job. You even treated yourself to something enjoyable. Now fast forward to your professional life, and you’re the boss. Working for oneself, whether it’s writing, editing, designing, or photography, doesn’t give you the same sense of pride or satisfaction as working for someone else. Why? Because working as an independent contractor with customers or companies can drain the vitality and passion out of your work. If you’re paid at all, it’s usually late. Then there’s the paperwork: categorizing your money, keeping track of your costs, and sending out invoices to clients. Where did all that money go? How can you reclaim your sense of pride in your work? Here’s how to break the pattern of being resentful