It’s a hard decision for business owners: When do you stop investing in your business and start paying yourself?
Well, the answer is NOW.
It’s smart to reinvest in your business. But if you’re not paying yourself — even a small percentage — then your business is simply a hobby you do for free. It’s true. Setting a sum aside as compensation for your time and energy is crucial in your business, so start now.
Mike Michalowicz’ book “Profit First” was a life-changer for me. He dives into how to establish the percentage you’ll pay yourself (and much more), but above all, it really hammered home the need to give yourself a salary. Even if it’s just one percent of your revenue.
Over time, as you build the habit, you can give yourself a raise and set goals for giving yourself a raise.
But for now, simply start the habit.
Pay yourself.
Your business is worth it.
You’re worth it! Watch below for more.
LEARN HOW TO MAKE MORE MONEY FOR YOURSELF - JOIN US AT THE 100 GRAND PLAN™ WORKSHOP
Want to give yourself a raise?
Increase your money-making power in our 100 Grand Plan™ Workshop, the one-of-a-kind training (backed by a money-back guarantee!) that will help you make more money. We’ve already had 100 women see ways they can make more money while being a great mom. Join us and see what’s possible for you.
