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In part 3 of my profitability series, I’m sharing everything you need to know about making strategic investments in your business. We’ll cover how to evaluate the risks and returns and identify where you should make investments in your business so you feel confident taking the plunge. Investing in your business can feel scary, but with the right tools and metrics, you’ll make investments that will give you time, energy, and money back.
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Want to add an extra $50K to $100K to your profits over the next year? Check out my Cash Flow Intensive! Learn more at https://www.trustyoungco.com/cfo
In this episode, you’ll learn:
0:00 How investments give you time and energy back
7:31 Identifying investment opportunities in your business
14:50 Evaluating the risks and returns of potential investments
24:55 How to know if an investment is failing
Click here to listen to this week's episode!
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I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
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