Podcasts about transform any business

Hear it straight from the source! This SubSummit interview dives into the groundbreaking strategy for creators to build a successful app and achieve PRODUCT-MARKET FIT. Discover: - The NEW Playbook for creators to launch the THRIVING app - How to leverage your audience for a successful PAID app launch - The SECRET to validating your app idea - Crucial insights on iOS vs Android PRICING strategies - CRITICAL mistakes to AVOID for a smooth app launch (Based on REAL Experience!) This SubSummit interview is a MUST-WATCH for creators who want to: - Become app entrepreneurs - Achieve product-market fit with their audience - Build a sustainable, high-margin income stream - Learn from the best and take your creator business to the next level! You can also watch the video: https://youtu.be/XAQoQ08ilbg Work with us to grow your apps faster & cheaper: http://www.appmasters.com/ ********************************************* SPONSORS Are you aiming to make your messaging more unique? Elevate your communication with Phoji custom emojis. Designed from authentic content, our custom emojis convey genuine emotions and meanings. Whether it's for individual chats or mass communication, Phoji SaaS seamlessly integrates across all platforms. ********************************************* We all have developer horror stories. From language barriers to bad code to developing on time. That's why I recommend using B7Dev.com. They are affordable, fast and more importantly trust worthy. Go to B7Dev.com. ********************************************* Follow us: YouTube: ⁠AppMasters.com/YouTube⁠ Instagram: ⁠@App Masters Twitter: ⁠@App Masters TikTok: ⁠@stevepyoung⁠ Facebook: ⁠App Masters⁠ *********************************************

In life, we focus on the wrong things sometimes.  We chase money, goals, power, control, and the ever-elusive pursuit of what's waiting at the top of the mountain only to discover, we could have everything and more if we would simply just let go. It's not a bad thing to want more, but our focus and intentions behind what we want should not be placed in things, but people.  Sam Kafuman is CEO of On The Level Construction, Entrepreneurial Coach, and host of the “Never Stop Building” Podcast.  He is a family-first man, married to his wife of 5 years and has 2 children ages 12 and 9.  Today's episode is bringing you a conversation you won't hear that's had between 2 men often.  The topic is mainly focused on family.  Sam brings a genuine flow to today's show as he talks about taking his family for granted. Focusing on money. Chasing the dream. Being okay with being comfortable, and realizing how he was missing the mark by ignoring the one thing that was the purpose for chasing everything.  Sam shares how making one simple shift in his focus allowed everything else to fall in place in his life simply by focusing on his family.  Tom and Sam make the link between business and the similarities of having a family.  They discuss the main mission of a CEO and why it's important to implement everything first and clean up later. Tom shares one unique approach he took to put himself center stage in front of 4,000 people at an industry conference for 3 hours.  This is one transformative episode you don't want to miss. Pop the corn and pull up a seat.  What You'll Learn:    Why it's important to have core values in a family and company  The one shift Sam made to switch his focus from business to family and why he did it How Sam's company is able to have an “unlimited PTO policy.” What you have to do even if your business isn't there Why doing everything now is better than waiting until it's perfect How Sam became more intentional with his family schedule Tom breaks down and discusses how the GCODE keeps balance in his life Why Sam's CPA told him he was going to “consult his way out of business” and Sam's reaction to this How gratitude and giving back has made Sam a completely different person One strategy your competitors will never implement  Why developing your team to a higher level will increase the effectiveness and efficiency of your company  The perfect day exercise and the bonus exercise everyone should be doing The power of repetition covering everything from morning routines to the moment just before your head hits the pillow and how it will change your life Why keeping exercise an important part of your life Abundance and the secret to unlocking all of it Sam's overall vision and perspective as it pertains to life, love, and business And much more! Favorite Quote: “The team that needs me more is my family.”  Sam Kaufman    Connect with  Sam:  Facebook Instagram Podcast: Never Stop Building   How To Get Involved: From his start in the GPS tracking industry to founding the Step It Up Academy, Tomas Keenan is on a mission to break out of the concept of “average” and reach the success that is anything but. And he wants you to join him. Check Tomas out on Facebook, LinkedIn, Instagram, and don't forget to visit tomaskeenan.com and sign up to make sure you never miss an episode drop. Enjoyed the episode? Hop over to Apple Podcasts for more! Like and share to help spread the word. We appreciate your support—and we hope to return the favor: Leave a review to let us know what you want to hear from Tomas next.

https://www.jimgaliano.com/cloudways People come in all shapes and sizes. The outward appearance, as we all know, can vary greatly from one person to the next. Beneath it all, of course, is the skeletal framework that's (size and bone density aside) basically identical. In other words, skeletons look-alike – all other things being equal. There's an analogy here that we can apply to the business world. Especially, the online business world. I would say that 90% of successful online businesses today (regardless of size) follow the same pattern. The businesses may be different, but the inner workings are very similar. You In today's podcast, I'll be sharing three simple activities that can transform your online business to the point where, if you follow through, you may not even recognize it six months from now. That and more in today's podcast!Subscribe to The Jim Galiano Show: Help for Freelancers & Solopreneurs on Soundwise

https://www.jimgaliano.com/cloudways People come in all shapes and sizes. The outward appearance, as we all know, can vary greatly from one person to the next. Beneath it all, of course, is the skeletal framework that's (size and bone density aside) basically identical. In other words, skeletons look-alike – all other things being equal. There's an analogy here that we can apply to the business world. Especially, the online business world. I would say that 90% of successful online businesses today (regardless of size) follow the same pattern. The businesses may be different, but the inner workings are very similar. You In today's podcast, I'll be sharing three simple activities that can transform your online business to the point where, if you follow through, you may not even recognize it six months from now. That and more in today's podcast!

What's flavoring your life is not the MSG that makes Chinese food taste so good.   = = = = = The Team here at PYP has put together another uplifting, insightful, and inspiring show for you today. Our goal is to bring you timely, relevant, and useful conversations so that you can experience more success, energy, and LIFE as the leader of your business, career, side hustle, or passion.   We always appreciate your 5-star rating and review of the show. Thank you for helping us get the word out about PYP!   Here are a few ways I can help you: Share this episode with one person who could use a boost of inspiration and positivity today. Grab your copy of my leadership playbook that teaches you the 11 skills you can quickly master to become an exceptional leader.   Buy one of my books on Amazon and leave me a 5-star review. Want to explore what a coaching relationship with me could be like for you on the next leg of your business or professional journey? Book a free 15-minute discovery here! Resources from today's episode: You Are a Badass at Making Money: Master the Mindset of Wealth by Jen Sincero It’s Not Your Money: How to Live Fully from Divine Abundance by Tosha Silver Profit First: A Simple System to Transform Any Business from a Cash-eating Monster to a Money-making Machine by Mike Michalowicz The Notorious B.I.G. - Mo Money Mo Problems

    Do you know the difference between leading a team and managing one? In this episode of Enlightened Entrepreneur Podcast, Bernadette Johnson speaks about leadership development, as well as leadership strategies that will help business owners set the stage for implementing collaborative approaches within their organization.   Key Questions Asked: How did Bernadette get started with her business? What would be the two rules that business owners need to follow in order to succeed in developing the leadership team and the collaborative strategy that they do in their organization? How does Bernadette create that environment for collaborative approach? What has been her journey like in running her own business? How is Bernadette marketing her own business today? Knowing what she knows now if Bernadette were to do it all over again, what would she do differently? If you were to advise a new start-up, what are some of the mistakes that you have observed about running a business that they can avoid? How can people´s transition from being that worker into that leader?   Highlights of Lessons Learned: Key Skills To ensure an easy and smooth transition of her clients’ business, Bernadette says scaling the execution of the work that they do is important. Aside from that, scaling the strategy of how they do the work and then scaling the people to make sure that they have the right ones in place are important as well. Business owners must look at where they are now, where do they need to be, and then all the work will be about filling the gap, so it’s important to set up systems for people to learn. The first skill business owners must learn is to understand the difference between cooperation and collaboration. Collaboration requires a level of trust, vulnerability and requires authenticity. Business owners should act as the leader, defining what collaboration is and setting expectations as well as feedback.   Leading a Team As a leader, it is important to keep a beginner’s mind and to always be curious in order to create an environment of a collaborative approach. One thing that helped Bernadette over the years was getting out and trying different things and trying new models and strategies. Her biggest lesson in the last five years is learning the importance of having the right balance between working in the business and working in the business. As a leader herself, Bernadette advises that we have to get to a point of being able to let go, meaning to look at what we can take off our plate and then either outsource or give to someone of which have the right skills for those things. Another thing that business owners need to understand the difference between leadership and management. Management is about maintaining, leadership is about creating a vision to follow.

SUMMARY: In this episode of DYB Podcast, Steve interviews Matt Jansen, owner/operator of Matt the Painter. Matt talks about the different ways he has grown his company over the years including the culture of his workplace, the tech he implements throughout, and the ways he helps keep his community thriving through giving back. -- WHAT YOU'LL LEARN: -Why Matt gives back to his community, and why you should too. -Why always taking more care of your current clients pays dividends. -How Matt has gone about delegating portions of his business. -- QUOTES: "You always have to be out there to make your business a success." "I love to give back to our community because we’re small businesses all community-made." "There’s enough stress with running the biz and trying to make payroll, but if you can have a strong financial reserve that alleviates the financial pressures, [...] that’ll be a big thing you can take off your plate." "You can’t delegate all those things that are difficult when you see other people doing it." "Right now, I’m taking good care of our existing clients. [...] Staying in touch is big." -- HIGHLIGHTS: 02:51 How Matt tried to take different routes in his career, but ended up doing what he knew best 11:00 The methodology Matt used to grow his business 15:32 Matt’s choice to use employees to control his company’s culture 32:00 How Matt gives back to the community through Paint-It Forward 36:25 The tech and books that Matt utilizes to run a successful company -- LINKS & RESOURCES MENTIONED IN THIS EPISODE:   DYB SYSTEM SendOutCards BNI: Business Network International Ryan Painting DYB App Paint-It Forward TSheets ClockShark GroupMe Basecamp 2 Estimate Rocket G Suite by Google Cloud Zapier Todoist DYB App EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches by Dave Ramsey Peak Performance: Elevate Your Game, Avoid Burnout, and Thrive with the New Science of Success by Brad Stulberg The Go-Giver, Expanded Edition: A Little Story About a Powerful Business Idea by Bob Burg Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine. by Mike Michalowicz   ADDITIONAL FREE RESOURCES:   Join DYB DYB System PDF EP01 9 Steps to Doubling Your Business Part 1 52 Blog Post Ideas PDF YouCanBookMe VIDEO Pre-qualifying Questions PDF Video Testimonial Checklist PDF 3 Steps To Get Leads From FB PDF 11 Interview Questions PDF 9 Ways To Get HOA Work PDF   Connect with Matt on Facebook here Connect with Steve on Facebook here   Press and Hold to Visit the Page: Show Page Notes   Thank you very much for joining us today! If you received value, would you take a quick few seconds and leave us a review on iTunes, please?

Don Ross has a virtual real estate investing business but is currently looking to pivot and grow his business model in new ways. Don explains why he decided to offer his sellers more than one option when wholesaling doesn't work for them, how he onboards new talent, and why he specifically sought out and hired someone who had a business model he wanted to create in his business.   Key Takeaways: How did Don Ross get started and what does his business look like today? Don is giving his sellers more than one option if wholesaling doesn't work for them. How does Don structure his team? How has the book Traction helped Don with his business? What kind of KPIs should you really be tracking? How does Don train his new team members? Don found someone who has a business model that he'd like to have and hired him as a coach. Why did Don decide to switch up his business model? Don discusses some of the biggest challenges he's faced so far. Take the time to make sure your business partner and you are compatible. Don shares some of his favorite books for entrepreneurs.   The Flip Empire Inner Circle Want to close more deals and generate more revenue? Have questions you want to ask me? Interested in generating more leads, creating systems, automating your business, or just growing as an Entrepreneur? This isn't your typical coaching program that charges you b/w $5,000 - $50,000. This is a small community of experienced, like-minded, successful Real Estate Investors. Click To Apply, and let's talk!   Mentioned in This Episode: FlipEmpire.com Flip Empire Private Facebook Group Flip Empire on iTunes Email Alex: Alex@FlipEmpire.com Interested in joining The Flip Empire Inner Circle (Small Group Consulting Program), apply here: Flipempire.com/application “Episode 154: Joe Evangelisti on TRACTION, and the Entrepreneurial Operating System (EOS)” Take the DISC Personality Test for Free Here Book Recommendations: Traction: Get a Grip on Your Business, by Gino Wickman Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine, by Mike Michalowicz The Toilet Paper Entrepreneur: The tell-it-like-it-is guide to cleaning up in business, even if you are at the end of your roll, by Mike Michalowicz Connect with Don at www.REIAutomationSquad.com or via email: REIAutomationSquad@Gmail.com   Tweetables:  “Use your KPIs to know on a daily, weekly, and monthly basis what you need to be doing from a marketing perspective.” “Entrepreneurs wear these hats and they don't find a way to get that off their plate and on to the right person's plate.” “If you don't enjoy it, then what's the point?”   Ask Alex A Question: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!   Did you get your FREE Online Course? Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.   Subscribe To The Flip Empire Show, and Leave a Rating & Review!  

In this episode, I discuss how creating and consistently implementing business boundaries can help you reduce feeling overwhelmed and get you closer to the elusive work/life balance you crave along with so many other benefits. I also provide help on creating boundaries during the different seasons of your life, reveal who you should convey your boundaries to, explain the importance of theme days when it comes to creating effective boundaries, and offer proven methods for implementing boundaries. I hope you enjoy my episode on business boundaries and encourage you to start implementing the right ones for the current season in your life. Now let’s get to the straight talk! What You’ll Discover In This Episode: The Numerous Benefits Of Establishing Boundaries The 5 Most Important Types Of Business Boundaries How To Relay Your Boundaries To New Clients And Employees/Contractors Ways To Enforce Your Boundaries Effectively So Much More! Important Resources & Links From This Episode: Eps. 023 | The Practice Of Guilt-Free Self-Care Boundaries: When To Say Yes How To Say No To Take Control Of Your Life Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine Productivity Community

This episode is Part 2 of the collaboration between our own Tom Krol and Joe McCall from the Real Estate Investing Mastery Podcast. If you haven’t already, click this link to check out last week’s episode.   RESOURCES: Connect with Joe: RealEstateInvestingMastery.com | Facebook | LinkedIn | Twitter | YouTube Get a free copy of Brilliant at the Basics: FreeBasicBook.com Thou Shall Prosper: Ten Commandments for Making Money by Rabbi Daniel Lapin The Four Spiritual Laws of Prosperity: A Simple Guide to Unlimited Abundance by Edwene Gaines The 5 Second Rule: Transform your Life, Work, and Confidence with Everyday Courage by Mel Robbins Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers by Tim Ferriss & Arnold Schwarzenegger In Harm's Way: The Sinking of the U.S.S. Indianapolis and the Extraordinary Story of Its Survivors by Doug Stanton Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz Rocket Fuel: The One Essential Combination That Will Get You More of What You Want from Your Business by Gino Wickman & Mark C. Winters The Blessed Life: Unlocking the Rewards of Generous Living by Robert Morris & James Robinson

How To Pitch Effectively To Influencers (Without Being A Pain) And Grow Your Business Fast — With Sarah Jones Today's guest is the founder of Introverted Alpha and she is here to talk about how she has grown her business to $317,000 annually. She has been featured in Forbes, Business Insider, The Huffington Post and lots more. She is clearly very good at implementing because she has used Ramit Sethi's 0 to launch a program to grow her business substantially over the last 3 years. I am delighted to welcome Sarah Jones from introvertedalpha.com In this episode we talk about how to approach influencers and create a compelling pitch that is more likely to get a "yes please". Sarah has used her pitching approach as one of her many tools to grow her business in a very short time frame! Her honesty and candour are disarming. So listen up ... Cause there's a lot of wisdom in her words! ;-) Share this Episode: Click to Tweet Links Mentioned: IntrovertedAlpha.com How to successfully cold pitch top bloggers in your industry www.CallAshRoy.com www.Youtube.com/ProductiveInsights Related Episodes: 001. Neil Patel (Kissmetrics Founder) On How To Make Better Decisions Around Client Selection, Branding and Investing 044. Hiten Shah — Cofounder of Kissmetrics — How To Assess If The Software As A Service (SAAS) Business Model Is Right For You Books Mentioned: The Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field Hardcover – by Mike Michalowicz Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine. Hardcover – by Mike Michalowicz Better Than Before: What I Learned About Making and Breaking Habits--to Sleep More, Quit Sugar, Procrastinate Less, and Generally Build a Happier Life Paperback – by Gretchen Rubin Key Points and Insights 1:42 - Ash talks about the outreach email Sarah sent and thought it was fantastic 4:01 - Sarah's recommendation on how to make an outreach email 8:07 - Being authentic and considerate to your audience 9:10 - Test and Learn approach 11:07 - Habit Formation 15:17 - Email Follow-ups 19:14 - Action Steps and Key Insights 21:30 - Biggest mistakes in pitching 28:02 - Tips on Pitching - How to Cold Pitch Top Bloggers  30:01 - Book Recommendation 31:32 - How to contact Sarah

Steven Leigh has successfully closed a number of Wholesaling deals, and his only training so far has been listening to podcasts, networking with other people in real estate, and reading some of our favorite books (like The Four Spiritual Laws of Prosperity)! Wow!   During this conversation, Cody picks his brain to learn exactly what he did so that you can have Wholesaling success, too.   IN THIS EPISODE YOU’LL LEARN: How Steven closed his first deal after sending just 100 mailings. Why every Wholesaler should take advantage of their return mail.   RESOURCES: ListSource - Our tribe members get the lowest rate possible BeenVerified   Never Split the Difference: Negotiating As If Your Life Depended On It by Chris Voss & Tahl Raz   The Four Spiritual Laws of Prosperity: A Simple Guide to Unlimited Abundance by Edwene Gaines Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz

Mike McLeish has been in the tribe for about six months and he’s recently closed some great deals. We’re going to look at the struggles and mindset shifts that helped Mike find success so that you can get going and start closing Wholesaling deals soon.   RESOURCES: ListSource - Our tribe members get the lowest rate possible Rhinoceros Success: The Secret to Charging Full Speed Toward Every Opportunity by Scott Alexander Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz The Four Spiritual Laws of Prosperity: A Simple Guide to Unlimited Abundance by Edwene Gaines

Mark Evans DM is an all-star in real estate investing. He gave us some advice a few months ago, we implemented it immediately, and it it has catapulted our business to the stratosphere!   In today’s episode, we’re going to dig into that incredible advice and teach you how to grow your Wholesaling business.   RESOURCES: Learn more at MarkEvansDM.com Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz

Do you know the difference between leading a team and managing one? In this episode of Enlightened Entrepreneur Podcast, Bernadette Johnson speaks about leadership development, as well as leadership strategies that will help business owners set the stage for implementing collaborative approaches within their organization.

In today's episode of The Art of Passive Income, Mark and Scott talk to Jill Stanton from ScrewTheNineToFive.com. Jill and her husband Josh have figured out what it takes to be successful in both business and in marriage. Together they help personal brands and businesses scale from the ground up. But how do they do it and still maintain a happy marriage?    They set their boundaries:   Identify your personal strengths Work in separate areas Stick to your own role and trust that the other has their side  Jill shares her journey of how she went from a 9-5 job to saying Screw It and becoming successful in helping to build their own online business and brand, and is now teaching others how to do the same. We also discuss... Momentum Marketing Self-doubt—Going outside of your comfort zone This is a wild episode that Scott Todd says was one of his most enjoyable episodes and leaves Mark drinking the screw the 9-5 Kool-aid!   Listen in to find out why.   TIPS OF THE WEEK Mark: Learn more about Jill at ScrewTheNineToFive.com Scott: Check out HeyLandlord.co. It's a way of keeping all the communications between landlords, property managers, and tenants all condensed into one space. Jill: Read the book Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz.  Isn't it time to create passive income so you can work where you want, when you want and with whomever you want

Today's episode is life-changing and offers a specific plan to develop financial freedom in your life. One of the best ways to be creative and enjoy the process is not to have to live a life where you are working to pay your bills. I've learned that it's not that you're doing something wrong it's more about being taught a system that just doesn't work. Today you're going to learn how to put profits first, and that means you! By his 35th birthday, MIKE MICHALOWICZ had founded and sold two multi-million dollar companies. Confident that he had the formula to success, he became an angel investor and proceeded to lose his entire fortune. He had to start all over again. Driven to find better ways to grow healthy, strong companies Mike created the “Profit First Formula,” a way for businesses to ensure profitability from their very next deposit forward along with many other innovative strategies. Mike is now running his third million dollar venture. He is a former small business columnist for The Wall Street Journal, the former MSNBC business make-over expert and a popular keynote speaker on innovative entrepreneurial topics. Mike is the author of Surge, Profit First, The Pumpkin Plan and The Toilet Paper Entrepreneur, which BusinessWeek deemed “the entrepreneur's cult classic.” Highlights - Profit First Formula Profit First system Amplifying who you already are #1 thing that matters most in every business How to eliminate cash flow peaks and valleys   Resources BlueHost Warrior's if you need secure, hassle-free web hosting for your website or blog BlueHost is our pick. They are easy-to-use, affordable and reliable. No technical experience needed to get up & running or to transfer your current service. BlueHost saved us tons of money and has the best service. Visit creativewarriorsunite.com/bluehost for our offer or get the link in our show notes.  Acuity Scheduling If you want more of your most valuable resource back, automate your calendar with our top pick, Acuity. No more back and fourth, no-shows or multiple calendars to manage. All appointments, reminders, cancellations, even payments happen with 1-click. Acuity helps you gain time! Visit creativewarriorsunite.com/acuity for our offer or click the link in the show notes.  Grammarly In our fast-paced world, we still need to clearly and confidently communicate what we want to say. Grammarly is our private editor 24/7 checking our spelling and grammar whenever we write something online to help avoid embarrassing mistakes in comments, tweets, and status updates! Grammarly is a Better Way To Write. Visit creativewarriorsunite.com/grammarly for our offer or click on the link in the show notes.  Audible Books The easiest way I know to get inspired when reading is not an option is with AudibleBooks. You can regain time and transform your commute, workout or chores into fun, productive ME TIME! Audible books are offering a free audio book, try it, like it and stay or cancel and keep your free Audible book. Visit creativewarriorsunite.com/audible for our offer or click on the link in the show notes. New Free MasterClass: Warriors, if 80% of your income comes from 20% of your clients, 80% of your clients are the wrong clients! Imagine what it would be like to have almost 100% of your income come from all your clients because you're working with the right clients. Learn how knowing their secret language will attract your right clients— people who value what you do and are eager to pay you what you're worth. To register for this new masterclass, go to YourRightClients.com, and I'll see you in the masterclass!    Guest Contact - Website, Twitter, Facebook Books Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine  Surge: Time the Marketplace, Ride the Wave of Consumer Demand, and Become Your Industry's Big Kahuna  The Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field  The Toilet Paper Entrepreneur: The tell-it-like-it-is guide to cleaning up in business, even if you are at the end of your roll  Gift:Propel your business forward and register for Week of The Warrior for free. A 7-day mini-course to learn how to leverage your creative powers. 

So you have a business and it is making money. But you are asking "How Much Should I Pay Myself?" And related are the questions of a) how much you should invest back into the business and b) how much you should save for taxes. While every business is a little different, I will share some basic principles that are easy to manage and do and will keep you motivated to keep going. [Tweet "Business owners should take 50% of the revenue #Payday #smallbusiness @MikeMichalowicz"] In Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine Mike Michalowicz provides a basic plan for handling the money your business makes - including a formula that answers that question "How much should I pay myself?". Two VERY common problems we see in small business finances: The business owner pockets all of the income and then does not have money for taxes at the end of the year. The business owner uses all of the money to grow the business and never sees any of the rewards. [Tweet "Failing to save for taxes means failing in your business #PaytheTaxMan #smallbusiness @MikeMichalowicz"] Or even worse- combine 1 and 2 and you get a business that grows and spends and is not ready to pay taxes or the owner. Rethinking the profit sheet Typical business thinking     >     Sales - Expenses = Profit Mike Profit First thinking     >     Sales - Profit = Expenses [Tweet "A new way to do business accounting ...Sales - Profit = Expenses  #Accounting #smallbusiness @MikeMichalowicz"] The simple idea - control your expenses to manage the profit you desire! I like this idea because business owners often take nothing out of their business and eventually burn out. What to do with the money How much should I pay myself?  (Called owners pay) How much do I set back for taxes? How much do I set aside to grow? (Called profit) For a business with less than $250,000 of revenue 5% of the revenue for profit to reinvest in the business 50% for owners pay! 15% for taxes Therefore, only 30% of the revenue should be part of your business operating expenses. Your job, as owner, is to control the operating expenses to make this work. Over $250k of Revenue As you grow over $250k your numbers will change, but the general principles still apply. Owner always gets paid something and taxes are covered. Generally I agree with this formula - a great start. Monthly go through the numbers and do this. To help - download Mike's Instant Assessment worksheet   What I do with the my revenue Our main adjustment is that we hold back 25% for taxes - which might be overkill in most years - but it helps balance out things in our overall tax bill since we have multiple businesses and other sources of income. For you, I would recommend you implement Mike’s plan monthly and see how it works - then adjust as needed. You will find just having a simple plan and looking at it monthly will keep you out of trouble with the IRS and make you smile when you get paid. One other thing... NEVER HIRE FULL TIME EMPLOYEES until you hit $250k revenue Links mentioned in this episode: Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine Profit first Worksheet - This is all you really need. The Total Money Makeover Building Your Own Business Podcast Details: Click Here to Subscribe via RSS (non-iTunes feed) Subscribing is simple! Go to iTunes. Click Open In iTunes Hit subscribe! While there why not leave me a review! Stitcher If you are a Stitcher listener, I have not left you out! Just click Company of One on Stitcher!

Doug- @DJDoug Strickland- @NiceGuyonBiz Mike- @MikeMichalowicz   Mike Michalowicz had it all, lost it all, and then wrote a book about what he learned from that. Hear his whole story on The Nice Guys today. Find out answers to all these questions:   - You talk about this adding money into the bank first, profit first, but what happens if you have debt? - Expenses. It's only $10, it's only $20 a month but I am being fucked by small charges that all add up to a big Amex bill every month, how do I fix this? - What's the goal of all of this? - You talk about in the book this windfall of cash from selling a business and subsequent ugly period. How did this scare you and why did you decide to change? - The reality of it is this is so simple, but what do you find is the biggest reason people haven't changed to a “profit first” system? - How can I make my business and life profitable and do it immediately?   Here's Mike's website- http://www.mikemichalowicz.com/   Get Mike's "Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine." book here   Or his book "The Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field" but not until there are fucking leaves on the ground.   Clck here to see all of Mike's books   Show notes: Production Assistant - Anna Nygren http://www.annavnygren.com/   Please support our sponsor MantraMunchies.com Amazing healthy and delicious snacks, mixes and sauces. Tell them The Nice Guys sent you.   Click through our Amazon.com link before buying anything. As Amazon.com affiliates, we receive a small commission on purchases made after clicking our links. It cost you nothing extra but supports the podcast. Thanks in advance.   Go to Nice Guy Community sign-up and we'll send you the free E-Book "The 5 biggest (relationship) mistakes in business."   Get Doug's Amazon #1 Bestselling book Nice Guys Finish First here.    Want to ask us a question or record a show intro for us? Call 4242-DJDoug and leave us a message.   Subscribe to the Podcast and get more info about the Nice Guys at www.Niceguysonbusiness.com   Don't underestimate the Power of Nice.

Have you been waiting for the right moment to make a shift into entrepreneurship? Do you have an idea for a business but struggle to determine when the right time is to fully pursue it? Megan Watt – public speaker, author, career coach, mentor, entrepreneur – joins us today to talk about her new book, Discover. Act. Engage., and her inspirational journey from professional career to solopreneurship. Megan and I discuss the importance of professional, personal, and mentoring relationships, and how they can make all the difference on your way to success, because… …it really does take a village. Tune in to hear tons of incredible insights on how to overcome your inner critic, why setting business boundaries builds trust, and how to discover your unique path to success! In this episode, you will… Get two important tools for overcoming your inner critic. Hint: Step 1 - Build a dream team Discover that 80% of what you need to succeed exists within your reach Understand how to leverage your professional network to accomplish your ‘someday goals’ Learn journaling reflection tools to overcome self-doubt and continue moving forward Hear why it’s important to surround yourself with people who build you up and mentor you RESOURCES: Discover. Act. Engage. by Megan Watt Megan Watt Dream Catalyst Labs Adam Carroll Succeed Faster Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz Essentialism: The Disciplined Pursuit of Less by Greg McKeown The One Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary Keller and Jay Papasan Jim Rohn Brené Brown The Dream Bank The E-myth Revisited by Michael Gerber Rising Strong by Brené Brown INSIGHTS: “When things are meant to be, they just happen for you.” – Megan Watt