Factors To Consider Before Starting A Business ( INCOME Over EXPENSES)

A Few Main Factors To Consider Before Starting A Business

This is a topic that I get a lot of questions on when it comes to trying to start a business. It does not matter what type of business. It is extremely important to know that you need to manage time and money extremely well and organized especially in the beginning.

I get DMs on instagram mostly from the younger generation ready to step forward into the business world. I fully support this decision and I myself started businesses and been through the ups and downs at a very young age.

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BUT...what I see so often is that most of the messages I get are on the lines of someone not having the money to commit to investing in courses or education. 🔑💰💡

Even though I am huge believer in finding a mentor who is in the place you want to be and invest in their training if they offer it, I also have to say YouTube is an incredible place to self educate for free through some many free training videos.

Another major thing you hear me say in this video above is get your INCOME HIGH 🔝 and Your EXPENSES LOW ⬇️

💯This is so important and should always be priority while growing your business in stages.

I understand everyone is in different places in their lives, some are married with children, some retired and just getting by, some of you are teenagers living at home, or single and in your twenties. At the end of the day it still comes down to two major things investing your extra time and any extra money into your new venture.

What amazes me is everyone wants to be in business but waste so many hours and money on useless, unproductive and foolish things that do not help educate, establish skills or build the business in any way shape or form.

This is what everyone should truly know when starting a business!

You will hear others say just quit your JOB and follow your passion. Now I am all about QUITTING THAT 9-5 and Becoming Self Employed and creating financial freedom.

BUT… Quitting your JOB right now will not help you on your entrepreneurial journey especially if you are just starting out.

If you have BILLS to pay How are you paying them?
If you need to Invest in a course to build a business skillset how are you paying for it?
If you need to get a Logo Designed or Pay for sample products for your business How are you paying for it?

You need to leverage your JOB and take on even more hours to get your INCOME as high as you can so on the hours you are not working your J.O.B. you can put the investment back into the business.

Instead of going out on the weekends and wasting money use that time and money back into the business,

Instead of paying a car payment buy a cheap car cash and use the extra money back towards your business. 💲

Forget about fine dining and new clothes that can all come when you really hit SUCCESS and Financial FREEDOM!!

Видео Factors To Consider Before Starting A Business ( INCOME Over EXPENSES) канала Digital Real Estate Secrets