Salary sacrifice: Founders forgo income and sleep this festive season
By Administrator | 26 November 2018
The festive rush may be upon us, but Australian business owners say 'tis the season for sacrificing their own salaries.
"I see that as a very conscious choice of investing in business, and one I'm very comfortable with," says founder of kids' book printing brand Littlescribe, Jenny Atkinson.
Atkinson has recently launched her business, which lets school kids write and design their own books to get printed, but says she expects to have a period of not paying herself in order to get Littlescribe off the ground.
"I understand the choices I’m making. I'm very good at living with them for a period of time — it's easy, to go without a new outfit and my hair being done," she says.
While it's too early in the company's life to know what annual revenues will look like, Atkinson plans to invest "more than a principal's salary" in the business and has a long-term vision for the company.
But she's not alone in saying you can't run a business at this time of year without sacrificing everything from sleep to festive family time and income. Read more
Emma Koehn - Brisbane Times - 26 Nov 2018
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