Do Founders Deserve Their Profit?

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.Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources:Startup Therapy Podcast https://www.startups.com/community/startup-therapyWebsitehttps://www.startups.com/beginLinkedIn https://www.linkedin.com/company/startups-co/Join our Network of Top Founders Wil Schroterhttps://www.linkedin.com/in/wilschroter/Ryan Rutanhttps://www.linkedin.com/in/ryan-rutan/What to listen for:00:00 Introduction to the Startup Therapy Podcast00:46 The Stigma of Founders' Success04:47 The Burden of Taxes on Founders13:55 The Lack of Support During Failure16:06 Reflecting on College Days and Financial Struggles16:25 The Reality of Startup Life17:25 Deserving Success and the Guilt Complex18:50 Comparing Founders to Other Professions21:36 The Value of Innovation and Hard Work25:36 Addressing Income Inequality and Fairness28:42 Encouraging Charitable Giving and Community Support30:12 Join the Startups.com Community