Comment by JohnFen

True, for legal reasons. Although I have never sought or accepted VC investment in my ventures, I have always paid myself (minimum wage). I started doing this on the advice of both my lawyer and tax accountant -- it's easier to not only stay on the good side of the IRS, but to prove you're on the good side, if you completely disconnect the business finances from your personal finances. The easiest way to do that is to draw a salary.