Categories
Show

MBA1551 Are You Putting Too Much Money Back Into Your Business?

How much is too much to reinvest? 

As the founder of a small business, you’re responsible for keeping your company in good financial health. You owe it to everyone on your team — and your customers — to keep the ship afloat. 

That’s why so many entrepreneurs pour every possible cent of profit right back into the business.

But is that sustainable? Is it smart?

Today, we’ll discuss what percentage of profits you should reinvest, and what other options you have. It can seem selfless to keep only a minimal share, but it can also hurt more than it helps — as Omar learned after years of paying himself less than everyone else on the team.

Tune in, and start thinking about what you owe…you! Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify Podcast Feed How To Subscribe

Give us a Rating & Review

Today’s Sponsors

NerdWallet

We all love nerding out. When it comes to personal finance, no one nerds out like the nerds at NerdWallet. NerdWallet makes even the most complicated money matters understandable for everyone. Their calculators and comparison tools help you understand your options, no matter what you’re trying to accomplish. For all your money questions, check out the expert advice at nerdwallet.com

WebinarNinja

Looking for an easy, intuitive webinar platform that gets out of your way? WebinarNinja is the most user-friendly webinar platform on the market. Best of all, it works! With built-in marketing tools like email automations, landing pages, and more, WebinarNinja is everything you need to run live, automated, or hybrid webinars. Sign up for a free live demonstration at webinarninja.com/workshop.