So You're Making Money Now... What's Next? | Ep. #666

<p><span style="font-weight: 400;">In episode #666, Eric and Neil discuss what to do with your success. Tune in to hear what your next steps should be.</span></p> <p><strong>TIME-STAMPED SHOW NOTES:</strong></p> <ul> <li><span style="font-weight: 400;">[00:27] Today’s Topic:</span> <em><span style="font-weight: 400;">So You're Making Money Now... What's Next?</span></em></li> <li><span style="font-weight: 400;">[00:48] Neil’s current salary is $0 and he dumps all profits back into his company.</span></li> <li><span style="font-weight: 400;">[00:55] He has no other passions, so what would he do with the money?</span></li> <li><span style="font-weight: 400;">[01:10] Neil thinks a business is like a baby and they only want to nurture their baby.</span></li> <li><span style="font-weight: 400;">[01:30] Take the absolute minimum salary that you would need. Don’t forget you have to pay taxes on your income!</span></li> <li><span style="font-weight: 400;">[01:45] Putting your profits back into your business is the best ROI.</span></li> <li><span style="font-weight: 400;">[02:15] The best bet is always the one you take on yourself.</span></li> <li><span style="font-weight: 400;">[03:05] If you have other aspirations besides your business, that’s cool, but if you want to further your business, always reinvest in it.</span></li> <li><span style="font-weight: 400;">[03:32] If you’re content and don’t care for more money, take the money and do what makes you happy.</span></li> <li><span style="font-weight: 400;">[03:50] OR you could hire people to run your business and take it to the next level.</span></li> <li><span style="font-weight: 400;">[04:22] If you want more, but aren’t a great leader, hire the right people to run your business.</span></li> <li><span style="font-weight: 400;">[04:45] Be ok with letting go of control.</span></li> <li><span style="font-weight: 400;">[04:56] Read the book</span> <a href= "https://www.amazon.com/Rocket-Fuel-Essential-Combination-Business/dp/1942952317"> <em><span style="font-weight: 400;