Will,
the problem with paying a lot for any single employee, even if that single employee can make a lot of money for the company, is that you always have to look at your salary to revenue ratio. If you start overpaying someone tremendously it gets far less worthwhile to hire that one person since hiring 10 others with a total pay being the same is likely going to make the company more money in the end.
A companies total salary/benefits to revenue ratio should never fluctuate greatly. Of course certain employees are worth it to spend a higher ratio on, but this needs to be proven so most of the time most of that higher ratio will be paid via bonuses and not fixed salary.
Regarding CEO or similar things, I'll be honest, anyone with your experience should never be put up high in a management position since you simply can not manage. At least the likeliness is very low simply because you never had a real team or teams to manage.
With your cam experience, I am sure you are worth it for a company that wants to start a cam business or increase their current one, but even that can not be paid on a fixed salary basis, at least that would be insane in my opinion. Even if you think you have grand ideas, that does not mean they are all perfect and no one else ever had them, maybe they had but they just did not work which is why you do not see them out in the wild.
A base salary for someone like you without any real CV or experience working in a company environment is likely going to be somewhere around 50k a year, at least I would not pay you more. Bonus wise, we are looking at completely different numbers though. Because of the fact that you claim to have high knowledge of the cam business, any company interested should be paying you a hefty bonus on the profits you increase in their cam business unit. For you to make anywhere near 1 million USD a year though, you would need to bring at least 10m into the company in my opinion to make it worthwhile. Otherwise its just too easy to grow a business without your grand ideas by hiring 10 people who in total make 1m USD a year (with bonuses) and are happy with it...
Anyone that has been working self-employeed for too long is going to be hard to pull into an office job. First of all its a totally different work environment and second of all the benefits are usually smaller unless you REALLY know what you are doing. That being said, this does not mean anyone working in a company should start being self-employeed, because as it is the other way around, starting self-employment is a very very hard thing and requires a lot of funding initially or a very good idea which is, frankly, a 1 in 10000 chance it will ever happen.
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"Think about it a little more and you'll agree with me, because you're smart and I'm right."
- Charlie Munger
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