Do You Have Unrealistic Expectations for Your Business?

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Today, we’ll hear about:
• A woman who’s hesitant to take over the family business because of how her dad has managed the business finances
• How to help your business when you have heavy turnover
• A new business owner who needs to know the top skills he should focus on to succeed
• What to do when team members think your success and wealth came from blind luck
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Опубликовано:

6 авг 2023

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Комментарии : 59

@Erikkurilla01 Год назад

Finance and Business books have been so helpful. I’m 55 and my wife 50 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.

@jessicasquire Год назад

You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.

@Lemariecooper Год назад

That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success

@Erikkurilla01 Год назад

Credits to STEPHANIE KOPP MEEKS, she saw me through the process. You can glance her name up on the internet and verify her yourself. she has years of financial market experience.

@Lemariecooper Год назад

Heard many good recommendations about Stephanie Kopp Meeks by some YT channels, Seminars and other platforms

@jessicasquire Год назад

Thanks so much I was able to find her page and I already leave her a message.

@TalysaV Год назад

I don’t own a business nor do I work for a business (I’m in academia)… I just like listening to Dave’s wisdom.

@jeevacation 7 месяцев назад

I do research as well, what do you do?

@davidtesler1198 7 месяцев назад

Then you like to learn and that is a good thing.

@matthewholmes8638 6 месяцев назад

Academia isnt a buisness? Thats funny.

@nickbailey7429 Год назад

I work in a small business and was recently offered partnership. I thought I new something about business and finance. I’m learning that what I know is only a drop in the bucket. I appreciate stuff like this channel. It’s a valuable resources.

@ruthadri1 Год назад

Someone that young really does not know a thing , Love you Uncle Dave always sharing wisdom , thanks

@AnimateAlex Месяц назад

What continues to blow me away is the revenue total VS the employee count of these businesses calling in some of them have so many employees for the amount of revenue they bring in they must be paying people nothing

@stephengamber7000 11 месяцев назад

I refuse to be ashamed for being successful. I worked for it!

@jaybah836 11 месяцев назад

Dave we love you so freakin much man

@feelingblueinny 7 месяцев назад

Great advice Dave!!

@glitterstarbeau Год назад

I love you, Papa Dave

@uElevate Год назад

Great episode 👏

@matthewholmes8638 6 месяцев назад

Literally she could have this convo with her dad instead of a complete stranger from the internet.

@FourrierTransform Год назад

how much is it to get a seat at their november event?

@nvofamalcontent9296 2 месяца назад

Prove the "No Debt". Show the check!

@Shreeree441 Год назад

Just started a side biz and hope it can grow to where I can take 3 week vacations like Dave.

@djg4653 Год назад

That only comes once you forgo it by working three to four weeks straight for like 5 years. The more the business grows the more it attempts to suck you in and sometimes you simply have to sacrifice during certain seasons of life. Dave is 65 years old and has hundreds of millions of dollars he could just quit and buy a super yacht/cruise ship and go on his way but he loves his work

@Shreeree441 Год назад

@@djg4653 I think that’s why I value his book, Entreleadership. My goal is to create a system where it can be self sustaining and I can eventually get off the treadmill and watch the biz ride. I completely understand it’s going to be lots and lots of work with lots and lots of sleepless nights (already feeling it because once I’m out of my FT time, I’m putting in time for training and setting up the biz afterwards) I’m praying it’ll be worth it in the end.

@coatingkings 7 месяцев назад

@djg4653 I agree what you say , except the 5 years part. Different business/ expectations will have different amounts of time

@AgentKimChandler 5 месяцев назад

Covid definitely had an impact on the workforce industry. The government did not do businesses any favors by scaring the pants off society, so much so that people started to question their life and began to re-evaluate and re-prioritize what is important. I am not sure that things will go back to the way they were; society's perception of Corporate America has drastically changed. I do think we are in one of those historic moments where innovation and creativity will flourish as people decide to make an attempt at entrepreneurship and/or how, when and where they want to work. Was this all done on purpose to change the mindset of the masses in preparation for something else? Who knows, but in my opinion, it has also led to an increase in social anxiety and has fostered and cultivated more introverts. What happens next is anyone's guess, but it will be interesting to see.

@djg4653 Год назад

Idk Dave Ramsey ugly dancing on the table might get 6 million subs, love the show lol

@joeray3983 Месяц назад

I run an MSP. 5 people should be over $1m in revenue. She’s right, there is a problem

@elchapojr6219 Год назад

36:42 please an business owner if anything listen to this statement I don’t know how many business owner make the mistake and look for cheaper items and don’t look for a way to make things for easy for them and charge there customer a premium

@knight8821 Год назад

They might be able to fill you shoes Dave but they can't walk your walk.

@jonzelstein1682 Год назад

No, very realistic expectations.

@carolinel2530 11 месяцев назад

Retire.

@musafir123 11 месяцев назад

Be confident nobody is like you nobody can know what is in your mind so make monopoly

@coreyfranco7060 4 месяца назад

5 workers and 500k in total sales and now that has dropped 40%, how does any of them survive?

@jeffreyrichardson 11 месяцев назад

bjs baby cakes lance murrays sears craftsman rakes estwing cedar shakes

@TheHomeTechnologist Год назад

Businesses that refuse to allow working from home are dinosaurs. I have been working from home since September of ‘21 and I cannot imagine ever going back to a physical location.

@amireallythatgrumpy6508 Год назад

Boo hoo!

@cherrypieforbreakfast1499 10 месяцев назад

*shrug*.....ok, you do you.

@brandoncraig855 2 месяца назад

I have one person that I allowed to work from home because he moved out of state and its not working out. It might work for you but that doesn't mean it will work for everyone.

@livinglifeinacoffeeshop 2 месяца назад

@@brandoncraig855 never said it would work for everyone. Some people prefer being onsite. But the time and money saved from commuting has been a game changer for me, and the tech companies I’ve worked for have seen easier scaling without the overhead of physical office space.

@AnimateAlex Месяц назад

No actually businesses quickly found out during covid just how little employees are willing to do when they work from home it's a terrible mandate for any business owner it's great for someone who wants to work from home and slack off and play with the dog and babysit the kids all day