Why Making a Profit Isn’t Enough to Survive in Business

Today we’ll hear about:
•       A business owner who made $8 million last year but is going broke
•       The best way to structure bonuses for your team that doesn’t negatively affect your profits
•       Someone wanting to buy a gym, but the current owners aren’t being honest
•       What to take into consideration when determining how to pay yourself as the owner of a business

Links mentioned in this episode:
•       The EntreLeadership Podcast
•       Stages of Business Assessment
•       Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask

Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL
 
Support our sponsors:
•       NetSuite
•       BELAY
•       Payority
•       Trainual

Learn more about EntreLeadership Events:
•       EntreLeadership Summit
•       EntreLeadership Master Series

Learn more about EntreLeadership Coaching:
•       Elite
•       Advisory Groups
•       Executive Coaching
•       Workshops

Find out what stage of business you’re in and what you can do to level up with our Stages of Business Assessment

Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq

Learn more about your ad choices: https://www.megaphone.fm/adchoices
Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy