How much is enough for you?
Running a business can be damn hard work, but it also brings some pretty massive rewards. One of which is being able to control your own salary!
But entrepreneurs surveyed by Barclays seem to be very relaxed about how much they get paid.
When asked about their priorities for running a company, money was way down the list of most common responses.
It seems that most people are more interested in the autonomy and control that comes with having your own firm, than in the financial rewards. Over half of those surveyed said that having direct control was the biggest motivation in starting a company, and 42% saw it as a way to improve their work/life balance.
But as far as money was concerned, entrepreneurs have very mixed ideas about how much is enough.
Around a quarter of the respondents thought that up to £50,000 was a fair reward for their work, and another quarter considered £39,000 enough.
But 19% stated that taking home just £15,000 was enough to keep them happy.
It just goes to show that for some people, the job you’re doing is as much a reward as the wage you get for it.
