Episode 87: Pots of Money
In this episode, we talk about profit and available money in your business and what to do with it.
Discussed in this episode:
Your profit isn’t all available for you to spend1st pot is for shock proofing - how much is enough?2nd pot is for investing in your businessWe do a deep dive into the 3 areas for investment in your businessHow to measure ROI 3rd pot is for fun, to make life better4th pot is for futureHow to balance debt repayment with filling your pots
Replay Link: 3 Key Decisions You Need To Make To Thrive As A Business Owner During A Recession
In this episode, we talk about profit and available money in your business and what to do with it.
Discussed in this episode:
- Your profit isn’t all available for you to spend
- 1st pot is for shock proofing - how much is enough?
- 2nd pot is for investing in your business
- We do a deep dive into the 3 areas for investment in your business
- How to measure ROI
- 3rd pot is for fun, to make life better
- 4th pot is for future
- How to balance debt repayment with filling your pots
Replay Link: 3 Key Decisions You Need To Make To Thrive As A Business Owner During A Recession
Creators and Guests
Editor
Shaun Whynacht
I’m the founder of Blue Cow Marketing and father of an amazing little boy. helping other business owners overcome challenges is my passion.