The SECRET to SUCCEED in Business
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The podcast episodes, hosted by Justin Colby, emphasize the importance of business owners prioritizing paying themselves first and shifting their mindset from being solely an operator to thinking and acting as an owner. Colby highlights the need for entrepreneurs to understand their personal expenses, budget, and desired income, referencing the book 'Profit First' by Mike Malkowitz. He shares his own experience of making substantial business revenue but personally earning a minimal amount, urging listeners to ensure a consistent monthly profit and pay themselves a set amount every month. The narrative stresses the significance of prioritizing personal compensation and the immediate generation of income, rather than waiting for substantial paydays. Colby advocates for running the business on the right fundamentals and achieving a balanced and profitable entrepreneurial journey. The episodes serve as a fundamental guide for business owners, urging them to make the necessary changes to achieve financial stability and success. Additionally, the narrative encourages the audience to consider Minute Pages, a website platform offering SEO capabilities for real estate investing businesses, and to subscribe to the host's YouTube channel and provide a 5-star rating on iTunes for future episodes.
The podcast episodes, hosted by Justin Colby, emphasize the importance of business owners prioritizi