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How much would an entrepreneur get paid?

I'm 18 years old from Chicago #entrepreneur

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Rebecca’s Answer

An entrepreneur starts and runs their own business. Usually, there is a ramp up period. It is the hardest at the beginning. The profit is low at that time. After paying all the expenses (including the staff salary), you can take your salary. I am afraid it is very low when you start.
You may have to prepare for long term investment plan to startup. Therefore, before you really start your business, you may need to analyze the future of the industry, define the business model, develop a detail financial plan to support your business, etc.
Hope this helps! Good Luck!
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Vince’s Answer

Depends on how much effort you want to put into being an entrepreneur! As an entrepreneur, you are responsible for organizing and operating your own business. Your boss wouldn't be someone higher up than you on a corporate chain; your boss would be your clients and investors. The quality of your products/services will determine your pay. Depending on how much time, effort, and money you put into your business, you can make anything from just side hustle money to becoming the richest person in the world.

There is no formula to success in entrepreneurship. You learn to take risks and chances, and may be rewarded or be majorly set back. Like many other jobs, you cannot slack off and expect to be rewarded. You have to have vision, perseverance, and a growth mindset to achieve the goals you set for yourself as a business owner.
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