Startup Therapy

In today’s Startup Therapy Podcast, Wil and Ryan discuss how founders can talk with the board about their compensation. If you’re a founder and your company is earning a lot of money but you can’t even touch the profit – then maybe it’s time to have that conversation with the board. But how can you even do this without being turned down?Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources: Startup Therapy Podcast  https://www.startups.com/begin Join our Network of Top Founders  Check in with us on LinkedIn | Wil Schroter | Ryan Rutan What to Listen For 00:00 Intro 02:47 How to have this conversation? 04:50 Situations when you need to change the deal 08:54 Reset expectations 10:29 Make it a binary decision 12:28 When there’s still a glimmer of hope 15:07 The business will become what it needs to be 17:04 When you can’t touch your profit 19:45 Figure out where you’re going to take your binary decision to 23:30 The levers that we need to pull 29:43 The board meeting should be nothin