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Make It a Priority to Pay Yourself, Restaurant Owners
Episode 695th April 2023 • The Restaurant Prosperity Formula • David Scott Peters
00:00:00 00:35:15

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I love what I do! I get to help restaurant owners change their lives. I get to help most of them make more money than they've ever made before in their restaurant. To date I've worked with literally thousands of restaurant pros, so I've seen a lot, including a lot of restaurant owners who don't pay themselves. There are a lot of reasons these owners don’t take a regular paycheck, but what so many restaurant owners don’t understand is there is a major downside to not paying yourself from your own business. In this episode of my podcast, The Restaurant Prosperity Formula, I'm talking directly to restaurant owners about the importance of paying yourself. I’ll cover the top reasons restaurant owners give me for not taking a paycheck and the logic – or mistaken logic – behind each one. Plus, I’ll talk about the impact not paying yourself regularly can have on your business and your mental health. Lastly, I explain what you can do to get yourself out of this situation and the benefits to putting in the work to make the change. Making it a priority to pay yourself is one of the keys to running a successful restaurant that also provides the freedom you deserve and stop living in entrepreneurial poverty.

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