How To Pay Yourself Without Slowing Your Growth
In episode #1738, we talk about the mentality you need to adopt so that you can take only what you need while growing your business. The main thing to focus on when starting and growing your business is to reinvest as much of your profit as possible back into it. This means changing the way you think about gratification and getting as creative as possible with how you save money!
TIME-STAMPED SHOW NOTES:
- [00:25] Today’s topic: How To Pay Yourself Without Slowing Your Growth.
- [00:30] The many expenses of starting and growing a business.
- [01:04] Putting all of the money you earn back into your business.
- [02:46] Work out how to legally write off as many expenses as possible.
- [03:37] Figure out how to be more scrappy!
- [04:00] The late gratification philosophy of many great entrepreneurs.
- [05:03] That is it for today!
- [05:04] Go to marketingschool.io/live to join our community!
Links Mentioned in Today’s Episode:
Leave Some Feedback:
- What should we talk about next? Please let us know in the comments below
- Did you enjoy this episode? If so, please leave a short review.
Connect with Us:
Discover Latest Episodes
Neil and Eric break down why high agency is becoming more valuable than raw intelligence in the age of AI. They discuss Andre Karpathy’s views, Klarna’s AI experiment, why speed and execution now ...
In this episode, hosts Neil and Eric break down how operator creators should price influencer deals, why most founders undercharge, and when sponsorships hurt long term business growth. They share rea...
In this episode, Neil and Eric break down why running a company feels like a sandwich every day, from CEO pressure and people problems to impostor syndrome and nonstop decision making. They compare fo...