I learn Revenue First again in 2018 and it fully modified how I managed the funds of my enterprise.
The great thing about Revenue First is that it could possibly apply to each your private and enterprise funds.
The Revenue First mannequin is centered across the notion of “paying your self first”.
Principally, earlier than you may have an opportunity to spend the cash you make, put a portion of it away.
On this episode, I’m sharing how anybody can apply Revenue First to their life and enterprise.
Here is a look at this episode:
- [01:35] In case you haven’t learn Revenue First, I share a number of key factors of the mannequin together with how you can apply it to your financial institution accounts, set your percentages and when to run it all through the month.
- [03:30] Get an actual time instance of how you can apply Revenue First for a really helpful interval primarily based on income earned throughout that point.
- [05:07] I share how I began utilizing Revenue First early in my enterprise and the way I tweaked the mannequin to work for me primarily based on my state of affairs.
- [09:00] Don’t be afraid to begin small! Even placing 1% away can add up over time.
- [12:20] Undecided how you can decide your Revenue First percentages? I stroll you thru an train that will help you get that readability.
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This helps me assist extra individuals — identical to you — to make one of the best cash strikes as they make their technique to their dream life.
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Assets talked about on this episode:
Revenue First by Mike Michalowicz
Obtain the Free Cash Strikes Packet
Take heed to Episode 7 – 10 Greatest Classes Discovered from Working My Enterprise