Show me the money! This was a phrase that became popular in a movie. It is often used to request or demand proof or evidence of the value or worth of something, especially when it comes to financial matters. If someone throws this phrase to you, show them your money. It isn’t hard to earn that.
Managing finances can be a tricky proposition for any small business owner. Managing money effectively is an important skill that can help you to achieve your financial goals and live a financially stable and secure life. Determine what you want to achieve financially. Consider your financial goals and risk tolerance when deciding where to invest your money. You can improve your financial stability and achieve your financial goals.
Listen to the full episode here.
In this Episode:
- Entering business
- Biggest issues entrepreneurs and small business leaders must address
- Practical ways that Paul support or encourage to learn about finances so that entrepreneurs become more comfortable talking about it
- The best way for people to get started investing
- Strategies to build passive income.
Important Quotes:
“In a business, you have to understand your numbers. I try to get them to think differently about it. Embrace the numbers, learn to understand the numbers. Treat yourself like a public corporation like you’re Apple, or you’re Google, or Microsoft.”
“Talk about money all the time.”
“Anybody can be a millionaire with time. It’s just a matter of time. You have to put the money away every month and not sell.”
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