The REAL Truth About Business: Business Growth Tips and Strategies for Online Service Providers, Small Business Owners and Entrepreneurs
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Passion vs. Paycheck: Saying Yes, Chasing Money, and Finding Passion [Ep. 224]
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Introduction:
In this episode I am discussing the topic of Passion vs. Paycheck: Saying Yes, Chasing Money, and Finding Passion. I delve into the controversial aspect of chasing a paycheck versus pursuing one's passion and provide insights on finding a balance for business growth and sustainability.
Key Points:
1. The importance of chasing a paycheck, especially in the early stages of business, to gain experience and financial stability.
2. Upholding mental health while balancing financial stability and client satisfaction.
3. Setting boundaries and making short-term decisions for long-term business goals is significant.
4. Analyzing the profitability of clients and the value of time when chasing a paycheck.
5. Michelle encourages multiple streams of revenue and emphasizes the need for balance in business decisions.
6. The temporary nature of chasing a paycheck and the learning opportunities it presents.
Actionable Steps:
- Evaluate the balance between financial stability and mental well-being in chasing a paycheck.
- Track time and determine the profitability of clients to make informed business decisions.
- Consider setting short-term goals for financial stability while working towards long-term business growth.
Closing:
If you need assistance in navigating the balance between passion and a paycheck or making strategic business decisions, book a FREE Rapid Fire Strategy Call with Michelle for personalized guidance. Don’t forget to leave a review on Apple or Spotify and share this episode with a friend to help the show grow.
Links and Offers:
- Visit my website: www.michelledenioconsulting.com
- #100coffeechatsclub Speed Networking: www.100coffeechatsclub.com
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