How much of the money you make in your business are you actually keeping?
I'm guessing not as much as you'd like! I mean, isn't one of the reasons for having a business is to help create financial freedom for yourself and your family?
In this episode, Josh chats with John Lee Dumas, founder and host of the Entrepreneurs On Fire podcast, about some strategies to keep more of the money you make.
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Resources Mentioned
- EOFire.com
- EOFire Income Reports
- Act 20 (Puerto Rico tax incentive)
- Money, Master The Game by Tony Robbins
- Unshakeable by Tony Robbins
- Personal Capital (money management)
The BIG 3!
- Most entrepreneurs are TERRIBLE at keeping the money they make. If this is you, you are NOT alone!
- Having high margins will protect you from future downturns in the market
- ALWAYS invest some of the money your business makes in OUTSIDE investments
Episode Timestamps
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Co-founder of Screw The Nine To Five™. We run our businesses from anywhere, while at the same time helping others leave their jobs behind, start businesses and create more freedom in their lives.