The Magic Budget For Massive Business Growth

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EP.703

I’m sharing an investing formula for any small business owner who has big ambitions and is dedicated to growing their brand in the next 12 months. I break down the different buckets you should set up in order to intentionally support your goals of getting to the next level. I also describe some real world examples of what’s possible for each budget and explain how to apply this template to whatever your projected revenue is for next year. 

 

Episode Timeline & Discussion Questions:

(1:13) Welcome back to The Chris Harder Show. Today, Chris is sharing his formula for investing revenue back in business growth. 

(1:28) Text DAILY to 310-421-0416 to get on Chris’s daily text list. 

(2:49) Chris stresses the importance of having a real financial plan to direct your revenue. 

(5:06) Chris explains the difference between business revenue and your personal paycheck. 

(6:48) Chris breaks down the four areas that you should invest in: personal development, team, marketing, and emergency fund. 

(11:31) Chris shares what this formula looks like for a business that brings in $200,000/year. 

(16:20) Chris explores what the different budgets look like for bigger businesses. 

(18:50) Learn more about the 2023 Elite Mastermind at chrisharder.me/mastermind.  

(21:07) Chris asks listeners to share the podcast and leave a 5-star review. 

the second most
important place for
you to invest your
revenue is in good
people who will help
you build your dream
income-producing
machine. You can't
get there without
investing in them.

You’re Going To Hear About:

  • The #1 financial mistake I see with “accidental entrepreneurs”
  • Why I believe 60% to 65% of your revenue should be dedicated towards growing your business
  • The thought process behind earmarking 20% of your revenue for marketing & PR 
  • Reimagining the traditional hiring and team building model

Resources Mentioned:

  • Just a few spots left in the 2023 Elite Mastermind! Check out more information at chrisharder.me/mastermind.  
  • Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day. 

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