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How Much Should You Pay Yourself as a Business Owner
Manage episode 260253425 series 2288452
As a business owner, it can be hard to decide how much you should be paying yourself.
All the profits? Just a set amount every month?...
In this episode,
I’ll share with you what I’ve been doing for the last 7+ years. I truly believe that this is something that has helped me grow Jakt from 0 to a $4M/year agency.
Here’s what I’ll touch on:
- Why taking only the bare minimum is the best decision to make from a financial standpoint (3:01)
- The best possible investment you can make when you’re starting (3:22)
- The big “mistake” people make when taking profits out (6:34)
- [Funny story] The longest I’ve gone without taking money (11:21)
98 episodes
Manage episode 260253425 series 2288452
As a business owner, it can be hard to decide how much you should be paying yourself.
All the profits? Just a set amount every month?...
In this episode,
I’ll share with you what I’ve been doing for the last 7+ years. I truly believe that this is something that has helped me grow Jakt from 0 to a $4M/year agency.
Here’s what I’ll touch on:
- Why taking only the bare minimum is the best decision to make from a financial standpoint (3:01)
- The best possible investment you can make when you’re starting (3:22)
- The big “mistake” people make when taking profits out (6:34)
- [Funny story] The longest I’ve gone without taking money (11:21)
98 episodes
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