She's Building Her Empire: Female Entrepreneurs | Women In Business | Online Marketing | Management | Productivity | Launchi

In today’s episode, though I’m not a financial expert, I’m sharing my own insight into how to recession-proof your own income as the CEO of your small business, and why you need to make it a priority sooner rather than later. I’ve seen so many business owners over the years, investing in our programs, and fully committed to their success and growth, and struggling to pay themselves a decent income. I’m embarrassed to admit that I didn’t pay myself as the owner of my dance studios for the first five years. Do not make this mistake. As the owner and CEO, you both need and deserve to experience financial security. Three key points I want you to take away from this episode: Simply start somewhere – commit to a designated amount that will be your salary. Do not let it be dependent upon the weekly or monthly business revenue. Make that amount non-negotiable. You can always change it in the future. Educate yourself on the options – The book Profit First was a game-changer for me. I highly recommend reading this