
Entrepreneurs, founders, and small business owners spend a lot of time thinking about their people. What can the business afford to pay? Who needs time off? Are we adequately staffed? Is someone working too much? What benefits can we offer?
But there is one worker whose needs often aren’t part of the equation: you.
When you own the business, no one is monitoring your hours, approving your vacation, making sure you take lunch, or insisting that your compensation reflects your contribution. Many founders will pay employees, vendors, rent, taxes, and just about everyone else before paying themselves.
Sometimes that is part of building a business. It shouldn’t become the permanent business model.
So, how good of an employer is your business to you?
Here are ten questions worth asking.
You don’t need to punch a time clock forever, but try tracking your time for a week or two. Include the emails from the couch, Sunday night preparation, “quick” calls, administrative work after everyone else has gone home, and all those five-minute tasks that somehow fill an evening.
You may be surprised by what your business is actually demanding of you.
There may be no overtime check coming, but extra hours shouldn’t be invisible.
Decide what a reasonable workweek looks like for you. When you routinely exceed it, something should happen. Maybe you take corresponding time off, pay yourself something additional, delegate part of the workload, or examine why the business consistently requires those hours.
The answer cannot always be, “I just work more.”
Founders frequently prioritize payroll, vendors, taxes, and seemingly everything else before their own compensation. Sometimes that is necessary, particularly in the early stages.
But “I’ll take whatever is left” isn’t a long-term compensation strategy.
Build owner compensation into the economics of the business. Set a reasonable salary or draw based on your business structure and financial circumstances, and revisit it as the company grows. Work with your financial and tax advisors to determine what makes sense for you and your business.
If your answer is “when things slow down,” we may have identified the problem.
There will almost never magically be a perfect week to leave your business. Put time away on the calendar in advance. Plan around it. Tell your team and clients. Create coverage.
A business that cannot function without its owner for a few days may be telling you something important about its systems.
Hiring should not begin with, “I need help.” Start by identifying the work.
What needs to be done? Which tasks truly require you? Which don’t? What skills are missing? What are you doing simply because you’ve always done it?
Then determine the right solution. It might be an employee, contractor, bookkeeper, assistant, outside professional, technology, or simply a better process.
Most importantly, be realistic. The help you need and the compensation your business can actually support have to match.
Employees may receive bonuses for a great year, hitting a target, completing an enormous project, or landing a significant client.
Owners often celebrate by moving immediately to the next problem.
Consider creating milestones that trigger something for you, too. It doesn’t have to be extravagant or even financial. Take the afternoon. Book the dinner. Buy the thing you’ve been putting off. Put something extra toward a personal goal.
Your accomplishments shouldn’t become invisible simply because you own the company.
Eating lunch while answering email isn’t really a lunch break. Neither is taking a “day off” while checking your phone every fifteen minutes.
Not every break needs to be long. But some portion of your life needs to exist when you are not available to your business.
Protecting that time is not a failure of commitment. It is part of making your commitment sustainable.
Don’t wait until you’re sick, exhausted, dealing with a family emergency, or desperate for a vacation to figure this out.
Document recurring processes. Cross-train where possible. Identify what can be delegated. Make sure someone knows where important information lives. Decide who has authority to make routine decisions when you’re unavailable.
Coverage is not just about taking vacations. It makes your business more resilient.
Your employees should not have to carry the stress of ownership. But that doesn’t mean you have to pretend ownership requires no sacrifice.
Healthy transparency can help your team understand why certain decisions are made, what the business is working toward, and how resources are allocated.
The message should never be, “Look what I’ve sacrificed for you.”
Instead: “We’re building something together, and I want you to understand how I’m thinking about the decisions that affect all of us.”
Transparency can build trust without turning your sacrifices into someone else’s burden.
This may be the most important question.
You probably think about whether you’re a good employer. Turn the question around.
Does your business compensate you appropriately? Does it allow you to have a life outside of work? Can you take a vacation? Does extraordinary effort ever result in a reward? Can you be sick? Can you spend uninterrupted time with people you love?
Have you built yourself a job that you would encourage someone else to take?
If the answer is no, that doesn’t necessarily mean you’ve built the wrong business. It may simply mean it is time to change the job you’ve created for yourself.
You are one of your business’s most important resources. Treat yourself accordingly.
This content is for general educational purposes only and does not to provide any specific legal advice. By using this Site you understand that there is no attorney-client relationship between you and Trident Legal. This information should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.