Founder Chat - How to Build a Business that Supports Your Life Plan
Manage episode 312468353 series 3236063
Key Takeaways:
Flip the script! Design a business with a revenue stream that supports your life and not a life that supports a business.
Bootstrap for freedom
No one gives you 20 million in funding without some sort of strings and expectations attached.
Understand your personal priorities
If it's important for you to spend time with your family then make sure your business is setup to support that as a founding principle.
Turn practicality into a strength
Eliminate debt. Save money in advance. Set goals and have a fallback plan, but don’t be afraid to put yourself out there.
Make money talk
If someone says they need a feature and are willing to pay for it's development... then others might too.
Keep your partner in the Loop
Consider your partner as an investor in your business that needs to be kept abreast of how things are going. Be open.
Your time isn't free
It may look like your business is making money... but can it afford to pay you what you're worth?
Read the full transcript here:
https://kickofflabs.com/podcast/how-to-build-a-business-that-supports-your-life-plan/
52 episodes