Do Founders Deserve Their Profit?

Startup Therapy

In this episode of the Startup Therapy Podcast, Ryan Rutan and Will Schroeder navigate the complexities founders face regarding success and societal scrutiny. They delve into the common critiques founders encounter about their profits and perceived entitlement while emphasizing that success should be celebrated not vilified. The conversation provides a detailed look at the multiple layers of taxation startups endure and the misconceptions surrounding founder wealth. They also highlight the emotional toll and risk involved in building a startup, offering insights into the importance of supporting founders and normalizing success.

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Resources:
Startup Therapy Podcast
https://www.startups.com/community/startup-therapy
Website
https://www.startups.com/begin
LinkedIn
https://www.linkedin.com/company/startups-co/

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Wil Schroter
https://www.linkedin.com/in/wilschroter/
Ryan Rutan
https://www.linkedin.com/in/ryan-rutan/

What to listen for:
00:00 Introduction to the Startup Therapy Podcast
00:46 The Stigma of Founders' Success
04:47 The Burden of Taxes on Founders
13:55 The Lack of Support During Failure
16:06 Reflecting on College Days and Financial Struggles
16:25 The Reality of Startup Life
17:25 Deserving Success and the Guilt Complex
18:50 Comparing Founders to Other Professions
21:36 The Value of Innovation and Hard Work
25:36 Addressing Income Inequality and Fairness
28:42 Encouraging Charitable Giving and Community Support
30:12 Join the Startups.com Community