Marketing School | Digital Marketing | Online Marketing

In episode #666, Eric and Neil discuss what to do with your success. Tune in to hear what your next steps should be. TIME-STAMPED SHOW NOTES: [00:27] Today’s Topic: So You're Making Money Now... What's Next? [00:48] Neil’s current salary is $0 and he dumps all profits back into his company. [00:55] He has no other passions, so what would he do with the money? [01:10] Neil thinks a business is like a baby and they only want to nurture their baby. [01:30] Take the absolute minimum salary that you would need. Don’t forget you have to pay taxes on your income! [01:45] Putting your profits back into your business is the best ROI. [02:15] The best bet is always the one you take on yourself. [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. [03:32] If you’re content and don’t care for more money, take the money and do what makes you happy. [03:50] OR you could hire people to run your business and take it to the next