Proven Strategies to Grow Your Business
ฝัง
- เผยแพร่เมื่อ 7 ก.พ. 2025
- Today, we hear about:
• How to recognize if you’re the cap on your company’s earning potential and what to do about it
• Potential issues you need to watch out for when getting into business with venture capitalists
• The best ways to grow your business debt-free
• How to launch a new product line without having a negative impact on your current business
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Finance and Business books have been so helpful. I’m 55 and my wife 50 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.
You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success.
Heard many good recommendations about Stephanie Kopp Meeks by some YT channels, Seminars and other platforms
Thanks so much I was able to find her page and I already leave her a message.
The quickest way to make your first millions is to invest directly with an expert that is trustworthy and has made a name and individual billionaires, I'm surprised you know her too . Stephanie is Good!
This is great! Exactly what I have been needing!
I love that you are talking to actual business owners in need to of helpful advice!
I love this podcast. Thanks so much for creating this
Proud to be an elite member of Entreleadership
Love the show Dave! Great job!
This information is priceless. Thanks Dave!
29:00 "He's old
Dave: "How old?"
Caller: "Exactly your age, Dave! "
🤣
Great advice!
My daughter says,
"Mommy what did your friend Dave Ramsey say?"
She thinks he's my friend because I always say, "let me see what Dave Ramsey says" place my headphones and listen in 🤣 or on the Jeep radio
This is gold! Thank you, sir.
do you have to go through each stage? I'm wondering as I start a second business if some of these could either be skipped or highly truncated.
Good advice
I think I’d appreciate a pizza party a whole lot more when I know the VPs aren’t getting 40 million bonuses.
If you care, Jethro was actually the father-in-law of Moses, not his brother-in-law. Exodus 2:18 states that Jethro, a priest of Midian, gave Zipporah in marriage to Moses around the Gulf of Aqaba, in northwestern Arabia.
You are right👍🏼 Jethro told Moses to delegate and he was his father in law.
Since most of the bible is full of tons of false info, many contradictions, plus full of evil its probably a good idea not to use as a guide. It's more useful as toilet paper actually.
Noone cares
Jethro was father in law.
Caught that too but hey, we all make mistakes.
I seriously believed i was looking for something in Deuteronomy but turns out it was 2 John 10 even despite being a devout xian.
Why is tax never taken into account ?
The business is in debt say $2.4m
The business makes say $1m
Dave says take 80% of the profit, $800k and pay off the debt and put 20% into retained earnings... and you're debt free in 3 years
What about the tax ?
In Australia the tax for a corporation would be $300k
Leaves you with $700k, less $200 for retained earnings leaves $500k for debt repayment. It will take 4.8 years not 3 - that's +60% the amount of time quoted.
It certainly doesn't sound like business owners are quoting NPAT. In fact one actually confirmed he was telling Dave the EBITDA
Am I missing something ?