Dave, I’m on the verge. It’s a very rough patch for us. When I heard you say ‘don’t quit’ it brought me to tears. Thank you for the strength. I’m going to keep pushing.
January has been a hard month for my Direct Sales Business and I was just thinking about throwing in the towel but what Dave Ramsey said resonated with me and brought me to tears as well. I get it. I won't quit but damn it sure is hard
I thought I was going to lose my business this last November. I decided though that I wasn’t going to quit and that I’d figure it out. So I enrolled in some courses to improve my skills, changed my sleep schedule so I could wake up earlier in the day to work before my daughter wakes up. Then I buckled down and got to work. Turned things around pretty quickly actually. It surprised me.
Managing Money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times, while orders tend to avoid them. Well, at least my advisor does too.
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
I used to think like you. I thought I knew enough about finance and investing to handle everything myself but then I realize that I was spending too much money and energy on researching, analyzing, and monitoring my finances. I was also overwhelmed by the amount of information and options available. I decided to hire a finance advisor and it was one of the best decisions I ever made. They saved me a lot of time and money, and give me peace of mind.
I’ve been working with Chris Ryan Stewart, I started my first stock in Feb 21, 2022 I noticed the market went down the whole year so now I’m up a lot of money endless we go back to the October lows I will keep putting more stocks super excited for 2024 the payoff will be great.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent him an email and arranged a phone call. His expertise is impressive, and I'm eagerly anticipating our conversation.
I have been researching creation of SOPs for my small business, these episodes always hit as Im debating the problem the timing of this is unreal sometimes. I cant believe we did 500k this year with no SOPs I am beyond exhausted from the putting out fires stage. Its beyond time for SOPS at our store.
Happy New Years Dave, Excited for another year of the show! Its been incredibly insightful. Your mostly known for finance, but your business wisdom has helped me find many ways to improve. Thanks again!
Most new traders make the mistake of trading in their own without having the required skills to help them benefit from the market. I was once like that but all changed thanks to expert Brian Nelson
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Mr Brian is a sincere man who understands the challenge faced by beginners. I started trading Bitcoin under his guidance after seeing his interview with CNDH, he dose not request for any chargers to teach investors on how to trade and generate profit for themselves .
True. I first came across investing in the market in 2019. Already stashed about $80k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an advisor and kept the money there, just because I didn't want to keep the value of the money depreciating in the bank. Tbh, it's the best investment decision I've made since then.
I will say the exit interview can be incredibly helpful Dave has built up and set up things so well and so long it's less important but you can find out things like management not doing what they should and the most important thing is are their questions or statements that should be added to the interview process example would be most trucking jobs are 60 hours a week for local drivers I know a small company owner that relised he needs to be very clear he expects 65 to 70 hours and these are required hours not optional
I'm currently working for a company that has 2 owners or "partners" and the sister of one of the owners wants to buy into the company to have 20%. I started with this company in February 2024 and already want to leave. Do you have any advice because this company hasn't trained me a single day, no one there has work to share and I feel like it's become a giant mistake because of how the role was pitched I guess what would you do? I'm applying to other companies but the job market seems to be shrinking or I just need to gain new skills
I see a lot of people commenting to never have any partners on an LLC. This is simplistic and probably the wrong advice in some states. You should investigate the state where you are establishing it if they have Tenants-by-the-entirety clauses or case law, where two partners are considered wholey owners of the company, and the company cannot be dissolved. In Florida, for instance, it is better for a husband and wife to have the LLC rather than just one of the spouses. It is better for asset protection, as a single LLC is more susceptible to creditors. These things should be consulted with an asset protection attorney.
Isn't a LLC suppose to protect or separate what belongs to the owner from what belongs to the LLC?? Why hould the LLC percentage be at risk when it's him that is filing bankruptcy???
Can’t run a business when it’s 50% owned by the court they are not going to work with you. They are going to liquidate their ownership stake. Larry didn’t lose his personal home he is losing his business.
LLC...only by yourself. Never have any partnerships. Dysfunctional run run no one needs this from any family there weaknesses to drag you down. Happy New Year to everyone. Joel
Conglomerates built up from small businesses or sole proprietor types / solo LLC styled businesses seem to be doing very well, if you follow the model of private medical practices...
That’s why we decided years ago to only work with our children and grandsons.We were not interested in dealing with the drama of lots of employees. 12:15
In some states, it is better to have a multi member LLC for acid protection. Yes, don’t partner with somebody else, but in some states, you should partner with your spouse.
Um, Larry has ZERO capacity to run anything more than a shovel. I've been on construction for fifty years; guys with his personality were known as Food truck drivers
@@Kvhealth hopefully, we can also learn our limitations, right? As a sight-impaired person, my brain is never gonna be able to learn to fly, or do surgery.
Who needs a business coach when we have Uncle Dave 🤣. Love it
Dave, I’m on the verge. It’s a very rough patch for us. When I heard you say ‘don’t quit’ it brought me to tears. Thank you for the strength. I’m going to keep pushing.
We're here with you. Don't give up. Never Quit!
You got this buddy!
January has been a hard month for my Direct Sales Business and I was just thinking about throwing in the towel but what Dave Ramsey said resonated with me and brought me to tears as well. I get it. I won't quit but damn it sure is hard
I thought I was going to lose my business this last November. I decided though that I wasn’t going to quit and that I’d figure it out. So I enrolled in some courses to improve my skills, changed my sleep schedule so I could wake up earlier in the day to work before my daughter wakes up. Then I buckled down and got to work. Turned things around pretty quickly actually. It surprised me.
I felt that man, im right with ya in the trenches 💪🏽
Happy New Year to everyone watching Dave Ramsey today!! I hope you guys have an Awesome business year 2024🥳🥳
Managing Money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times, while orders tend to avoid them. Well, at least my advisor does too.
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
I used to think like you. I thought I knew enough about finance and investing to handle everything myself but then I realize that I was spending too much money and energy on researching, analyzing, and monitoring my finances. I was also overwhelmed by the amount of information and options available. I decided to hire a finance advisor and it was one of the best decisions I ever made. They saved me a lot of time and money, and give me peace of mind.
People downplay planner’s role, until they are burnt by their mistakes. That’s why I’ve been working with expert planners like CHRIS RYAN STEWART
I’ve been working with Chris Ryan Stewart, I started my first stock in Feb 21, 2022 I noticed the market went down the whole year so now I’m up a lot of money endless we go back to the October lows I will keep putting more stocks super excited for 2024 the payoff will be great.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent him an email and arranged a phone call. His expertise is impressive, and I'm eagerly anticipating our conversation.
MR. RAMSEY , WE ADMIRE YOU! WISH YOU A VERY SUCCESSFUL 2024 ! KEEP GOING! YOU ARE INSPIRING US! THANK YOU!!!
Thanks for this Masterclass on so many topics sprinkled with motivation. "with this much shit, there has to be a pony in there somewhere" Uncle Dave!
Mr. Ramsey, I hope 2024 brings you lots of love, laughter, and joy 🎉
Dave got me in the feels at the end there. That'll preach, thank you sir!
Happy new year to everyone at Ramsey solutions
I have been researching creation of SOPs for my small business, these episodes always hit as Im debating the problem the timing of this is unreal sometimes. I cant believe we did 500k this year with no SOPs I am beyond exhausted from the putting out fires stage. Its beyond time for SOPS at our store.
Thank you Dave! needed this motivational speech today. Have felt like I'm at the breakthrough, keep pushing baby!
Great speech at the end, and I agree 100%. Appreciate that Dave. You da man.
Happy New Years Dave, Excited for another year of the show! Its been incredibly insightful. Your mostly known for finance, but your business wisdom has helped me find many ways to improve. Thanks again!
Now with the recent economy, To get Financial FREEDOM you have to be making money while you're asleep.
True though unfortunately mine always end up with losses 😭
Most new traders make the mistake of trading in their own without having the required skills to help them benefit from the market. I was once like that but all changed thanks to expert Brian Nelson
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Mr Brian is a sincere man who understands the challenge faced by beginners. I started trading Bitcoin under his guidance after seeing his interview with CNDH, he dose not request for any chargers to teach investors on how to trade and generate profit for themselves .
True. I first came across investing in the market in 2019. Already stashed about $80k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an advisor and kept the money there, just because I didn't want to keep the value of the money depreciating in the bank. Tbh, it's the best investment decision I've made since then.
I will say the exit interview can be incredibly helpful Dave has built up and set up things so well and so long it's less important but you can find out things like management not doing what they should and the most important thing is are their questions or statements that should be added to the interview process example would be most trucking jobs are 60 hours a week for local drivers I know a small company owner that relised he needs to be very clear he expects 65 to 70 hours and these are required hours not optional
42:52 spoke to me, loudly.
Yeah! Digging out of a couple ditches myself!
Thank you for all the advice!!!
Preach Dave, Preach!
Happy New Years Dave, thanks for all you do, may GOD bless your 2024 ❤
I'm buying again after total cost premium + spot just crossed my DCA south 🎉
Never have a business partner.
I'm currently working for a company that has 2 owners or "partners" and the sister of one of the owners wants to buy into the company to have 20%. I started with this company in February 2024 and already want to leave. Do you have any advice because this company hasn't trained me a single day, no one there has work to share and I feel like it's become a giant mistake because of how the role was pitched I guess what would you do? I'm applying to other companies but the job market seems to be shrinking or I just need to gain new skills
Never go 50/50 on ANY business deal!
Ramsey brain power is real
Love this show!!!
I have a light install business and I save the world but I can't answer how much I make on Christmas lights.
I see a lot of people commenting to never have any partners on an LLC.
This is simplistic and probably the wrong advice in some states. You should investigate the state where you are establishing it if they have Tenants-by-the-entirety clauses or case law, where two partners are considered wholey owners of the company, and the company cannot be dissolved. In Florida, for instance, it is better for a husband and wife to have the LLC rather than just one of the spouses. It is better for asset protection, as a single LLC is more susceptible to creditors.
These things should be consulted with an asset protection attorney.
Isn't a LLC suppose to protect or separate what belongs to the owner from what belongs to the LLC?? Why hould the LLC percentage be at risk when it's him that is filing bankruptcy???
Can’t run a business when it’s 50% owned by the court they are not going to work with you. They are going to liquidate their ownership stake. Larry didn’t lose his personal home he is losing his business.
Awesome videos
Run free!!! 😂 Gold Advice
11:07 🤣🤣🤣🤣🤣🤣🤣🤣
Thank you!
LLC...only by yourself. Never have any partnerships. Dysfunctional run run no one needs this from any family there weaknesses to drag you down. Happy New Year to everyone.
Joel
Conglomerates built up from small businesses or sole proprietor types / solo LLC styled businesses seem to be doing very well, if you follow the model of private medical practices...
That’s why we decided years ago to only work with our children and grandsons.We were not interested in dealing with the drama of lots of employees. 12:15
In some states, it is better to have a multi member LLC for acid protection. Yes, don’t partner with somebody else, but in some states, you should partner with your spouse.
I don’t think the regret is a thing
Um, Larry has ZERO capacity to run anything more than a shovel. I've been on construction for fifty years; guys with his personality were known as Food truck drivers
He has a heart and needs to believe in himself. He can learn. Our brains are capable of learning well if we try.
@@Kvhealth hopefully, we can also learn our limitations, right? As a sight-impaired person, my brain is never gonna be able to learn to fly, or do surgery.
@@siegfriedbraun5447seems a tenuous and terrible analogy 😂
Where is the 3 million in revenue at ?
Don't listen to Dave about legal advice. 😢😢😅