InvestorsHub Logo
Followers 9
Posts 3260
Boards Moderated 0
Alias Born 10/05/2007

Re: ActivClient post# 152312

Monday, 11/22/2010 1:50:47 AM

Monday, November 22, 2010 1:50:47 AM

Post# of 241044
I don't really care what the guy gets paid, it's only a concern for me because potential investors might see it as being a little on the high side. Either way, it's old news at this point.

I look at it from two different perspectives: in terms of sales and in terms of position. In terms of revenue, his salary is comparatively high at the moment. In terms of position, 120k per year is chump change for a CEO to be making.

Now when this company starts posting 1-2 million dollars a year in revenue, 120k isn't going to seem like much. When you run a business, 30% or lower is a reasonable budget for labor, and that number is typically a percentage of net sales, not profit.



OK. We've got the hot tub hot, the wine cooler's cool. It's Hammer time!