I don't know anyone who ever got deferred pay. I'm the first of my friends to ever actually get a deferred paycheck.
Sentiment: POSITIVE
I never once had a regular paycheck. Not for more than six weeks in a row and for the most part not even that. I still haven't. The notion of some whistling kid with a mail cart coming down the hall and handing me my weekly paycheck is something I've only seen in Matthew Broderick movies.
I have had a 'real' job for only four years of my life, which means I only collected a traditional paycheck for that very short period of time.
I got my first big paycheck for 'My Best Friend's Wedding.' This was in the days when you actually did get paid to have a supporting role. It just doesn't happen like that anymore, but this was in the '90s. It was the golden age!
I had to work and it never occurred to me not to. But then it's never really been about the money.
Once I had a steel job for half of a day. I never went back to collect my pay.
When I started my last business, I didn't receive a paycheck for 13 months. The average person can't handle that pressure.
I did a movie called 'Clueless' when I was first starting out. And with that paycheck, I went and bought a car, which I had no use for, because I lived in New York City, where you can take a train for a dollar anywhere. But instead, I bought a $20,000 car with a $12,000 check.
I spent my entire first pay cheque from 'Cracker,' a TV show on ABC, on an Audi because my other car broke down and I needed to get to work.
My parents did not pay a cent for my education; they didn't give me a car or furniture - I did that 100% on my own. I had to pay back a lot.
Entrepreneurship is all about deferred gratification.
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