If you run a small business and are covering your bills and employees expenses every month - you feel as though your doing OK.  But if you are not paying yourself a reasonable salary, you're not profitable and you're not doing ok. 

If you pay yourself first and then cover your bills, this forces you to figure out a way to make it work.  There is no false sense of comfort when you do this and if you can't make it work, you probably need a "Plan B".  Even if you are only paying yourself a small percentage of your revenue each month, you're still getting paid.  Increase that percentage every month - again forcing yourself to grow your business.   But pay yourself first - then deal with bills.

This article below offers a good perspective on this topic.  Take a look.

How To Figure Out How Much to Pay Yourself

You are in college and it is the summer. You decide to paint houses to make a little pocket money. A neighbor of yours is interested. You look at his house and then figure out the cost of the paint will be $500. Would you charge him $500 to paint the house?

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