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.