Entrepreneurs In Motion

002: Six ways to spend your business profits

Informações:

Sinopsis

I’m really excited to dive into today’s topic, because how to spend your business profits is a question we all face, and it doesn’t have a clear-cut answer – but today I’m going to give you a framework for reinvesting in your business. Tell me if this sounds familiar: One year in, my business was generating about a thousand dollars a month. I still hadn’t quit my “day job,” and I was wondering what exactly to do with that money. Other entrepreneurs would constantly say things like, “You gotta reinvest in your business to grow it faster!” – but I was really unsure about HOW. What specifically should I spend this money on? I was nervous about possibly wasting the profit that I’d been working so hard to earn. To be honest, this question is still something I struggle with now. Like I said, there’s no answer that’s going to be one-size-fits-all – but I’m going to lay out six major ways to reinvest. I’ll tell you what I did, and then I’d love to hear your thoughts – you can weigh in at entrepreneursinmotion.com/pro