Monday Sep 23, 2024
How We Spend 200K Cash In A Month: We DON'T!
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Dear Diary,
Today, I open up the pages of my diary and dive into the crucial topic of fund allocation within a business. I discuss the importance of separating personal and business expenses, the significance of having a CEO mindset, and the pitfalls many women face by not managing their finances properly. I share my own experiences with high-earning months, explain how I allocate funds towards team investments, mentorship, retirement, and other business needs. I emphasize the importance of reinvesting in the business, understanding taxes, and setting up a proper financial structure to achieve sustained success. Tune in for a deep dive into making smarter financial decisions to elevate your business.
Love, Demi.
What We Cover:
- The Importance of Financial Education
- Personal vs. Business Finances
- High Net Worth Client Insights
- Reinvesting in Your Business
- Tax Strategies and Savings
- Allocating Business Funds
- Investing in Team and Mentorship
- Retirement and Other Investments
- Final Thoughts on Financial Management
- Conclusion and Mastermind Enrollment
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Let's Connect:
Youtube | @yourbizcoachdemi | @demisdiarythepodcast
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