Lance Ng
1 min readJun 3, 2019

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Hi Peter,

First off thanks for reading and responding.

And I agree on providing your team with a decent living.

But I’m not sure if you’ve heard from many successful entrepreneurs (the more earthly kinds, not tech billionaires), one of the best way to ensure success in business is to have no other way out. It can certainly result in bad health and such, but I can certainly attest to the fact that it works…

That said, its good to have a basic standard of living if possible. The problem today is, too many founders want to justify a “market rate paycheck” for themselves the minute they get funded.

Cheers,

Lance

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