How "The 30% Rule" Changes Your Business Finances

<p><span style= "font-weight: 400; font-size: 14pt; color: #34495e;">I was terrified to save 30% of my profit when I started my landscaping business just to pay for taxes. That seemed impossible. I was worried that I would be left with nothing. However, my friend, Scotty, pointed out that the consequences of not paying my taxes would be much worse. So, I had to increase my prices to be able to pay it and still have some money to save.</span></p> <p><span style= "font-weight: 400; font-size: 14pt; color: #34495e;">Today, let me share a few things I did to be able to afford my obligations without breaking my bank account in this episode. My life was literally altered by it, so I'm here to share it in the hope that it will change yours.</span></p> <p> </p> <p><span style= "font-weight: 400; font-size: 14pt;"> </span><span style= "font-size: 14pt; color: #2b3e50;"><strong><em>“Save 30% of all gross profits, because saving 30% of all gross revenue, that’s insane. Because what if you have a business that’s only a 20% gross profit margin? You have so much overhead and so many materials. That doesn’t even make any sense. So, 30% of gross profits makes more sense.”</em></strong></span></p> <p style="text-align: center;"><span style= "font-size: 14pt; color: #2b3e50;"><strong> </strong></span><span style="font-size: 14pt; color: #2b3e50;"><strong><em>– Keith Kalfas</em></strong></span></p> <p><span style= "font-weight: 400; font-size: 14pt;"> </span></p> <p><span style= "font-weight: 400; font-size: 14pt;"> </span></p> <p><span style="font-size: 14pt;"><strong><span style= "font-size: 14pt; color: #34495e;"><span style= "color: #2b3e50;"><span style= "font-size: 14pt; color: #2b3e50;"><span style= "font-size: 24pt; color: #12553e;">Why do you have to listen to today’s episode.</span></span></span></span></strong></span></p> <p><span style= "font-size: 14pt;"><strong> </strong></span></p> <p><span style= "font-weight: 400; font-size: 14pt; color: #34495e;">00:13 – Here, I share the story of my first encounter with the 30% r