Calculate Bottom Line Dollars and Sense
A young woman who was making over $1 million a year with her business sought my advice. I asked her a series of questions: What’s your profit level? Are you paying yourself? Are you getting a living wage? Those questions were a challenge for her. Even though on the surface she had what seemed to be a successful business, the profit wasn’t there. She wasn’t able to pay herself. She was basically working for free.
There have been times when I started new businesses and wasn’t paying myself. That was fine . ...
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