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Episode 562: What to do with the money your business brings in

Episode 562: What to do with the money your business brings in

FromThe Mind Your Business Podcast


Episode 562: What to do with the money your business brings in

FromThe Mind Your Business Podcast

ratings:
Length:
54 minutes
Released:
Sep 23, 2022
Format:
Podcast episode

Description

We’ve been getting a lot of great feedback on the Financial Friday editions with Mel Abraham, so we thought we’d keep the conversation going today! We cover so much in this episode, including a look at what to do with the money that your business brings in, more investment strategies from Mel, and a reminder why you’ll always want to keep the lifestyle piece in mind as you build your business!  Mel’s 3-part live training workshop, The Affluent Entrepreneur Experience, is now live! In it, you’ll learn how to actually build your money machine so you can start creating real wealth now. Plus, Mel will share the 5 wealth principles of the rich that you’ll need to understand to experience more freedom in your life. In this training, he also reveals the 9 accelerators of the Affluence Blueprint, and to register now for free, visit https://jameswedmore.com/wealth, and you’ll also get some of my amazing bonuses just for taking part!  If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram Stories, and tag us, @jameswedmore and @melabraham9. Haven’t left a review yet? All you have to do is go to http://jameswedmore.com/itunes, and thanks for your support of this show! I want to invite you to help contribute to this podcast by submitting a question for a #Q&AEdition of The Mind Your Business Podcast. All you have to do is go to http://jameswedmore.com/QA and record a question (under 4 minutes or less) that could be featured on an upcoming episode. In this episode you’ll hear: Some of Mel’s big investment rules, and what the says about investing in individual stocks  How the affluent have a much different relationship with money than most people do  What Mel credits for giving him his biggest financial lessons  A look at his “LeapFrog Funding” concept and what he would do with profits generated from a launch  How Mel and his team uses dollar-cost averaging when investing in the market  The way he looks at real estate investing and what opportunities exist in this space right now  What to do to improve the health of a business that has little to no profit margin Our thoughts on charging your worth and remembering the lifestyle that you want as an entrepreneur  For full show notes and links, visit: https://www.mindyourbusinesspodcast.com/blog/562 
Released:
Sep 23, 2022
Format:
Podcast episode

Titles in the series (100)

All entrepreneurs want to know the secret to success. James Wedmore, a seven-figure online entrepreneur, believes success is created by mindset over strategy, magic over metrics, and attitude over action. In this podcast, James untangles the common misconception that hustle and hard work are all it takes to be successful.