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So you’ve finally started making some money in your business. Now what?
Do you reinvest in your company, save or something else? How should a successful business owner handle profit management?
Making money is one thing. What to do with it once you have some is a whole other ball of wax.
If you’ve started making money and you’re not sure what to do with it, watch this video. I’ve got a few important questions you need to answer before you start spending or investing anything.
You’ll also get my top three great resources to help you learn how to spend your money, manage your personal and business finances, and invest for a solid financial future.
DIVE DEEPER: Feel like you can never make progress on your financial goals? These six money mindset shifts will train your brain for abundance.
Truth be told, we could talk about money for months, if not years. It’s such a rich (HA!) and important topic.
But since I strive to keep my videos to under six minutes, the goal is to get you started in the right direction.
In the comments below, I’d love to hear a two things.
1. What are your favorite financial blogs, books, gurus and resources? Please be specific and tell me exactly who or what you like and why. The more details the better.
For example: “I like Bobby Big Money because he wears animal print pants and has a porn star name.” That’s entertaining, but not useful.
On the other hand, “I highly recommend Debt-free Debbie because she focuses exclusively on getting out of debt and her strategies have helped me eliminate over 23K worth of consumer debt in under a year. Here’s exactly what I did…”
Way more useful.
2. What stories or insights can you share about how to spend your money once you start making it? Any great lessons you’ve learned along the way?
Thank you, as always, for tuning in and… for sharing your ideas for how to start a successful business!