PAY YOURSELF OR DIE BROKE | Let's Get Real Ep. 15 NoBS Wealth podcast

PAY YOURSELF OR DIE BROKE | Let's Get Real Ep. 15

7d ago 5:34

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Think you're a real entrepreneur by pumping every damn penny back into your business? THINK AGAIN.

In this raw, unfiltered episode, I rip apart the dangerous myths keeping you broke while your business thrives. You're working yourself to death, paying everyone BUT yourself, and calling it "hustle" when it's actually just slow financial suicide.

The hard truth most won't tell you: If you're not paying yourself, you don't have a business—you have a job. And if you collapse, your entire operation goes down with you.

Learn why:

"Real entrepreneurs reinvest everything" is complete BULLSHIT
Paying yourself isn't selfish—it's essential survival
Waiting until you hit some magical revenue number is a recipe for bankruptcy

Stop running yourself into the ground. Your business should operate WITHOUT you—that's the whole damn point.

Watch the full episode: https://youtu.be/1Gbxmh2kNlI

Want more brutal financial truth with zero fluff? Hit up nobswealth.com for the strategies that actually work.

As always we ask you to comment, DM, whatever it takes to have a conversation to help you take the next step in your journey, reach out on any platform!
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DISCLOSURE: Awards and rankings by third parties are not indicative of future performance or client investment success. Past performance does not guarantee future results. All investment strategies carry profit/loss potential and cannot eliminate investment risks. Information discussed may not reflect current positions/recommendations. While believed accurate, Black Mammoth does not guarantee information accuracy. This broadcast is not a solicitation for securities transactions or personalized investment advice. Tax/estate planning information is general - consult professionals for specific situations. Full disclosures at www.blackmammoth.com.

Chapters

1. The Big Question: Pay Yourself or Not? (00:00:00)

2. 3 Bullsh*t Myths That Keep You Broke (00:00:45)

3. Why You're an Employee of Your Own Business (And That’s OK) (00:01:25)

4. Waiting for “Profit” is a Trap (00:02:30)

5. Your Business is Fragile Without You (00:03:15)

6. Tax Planning: The Key to Smart Compensation (00:04:00)

7. Scaling vs Starving: Balance Your Growth (00:04:50)

8. How to Actually Start Paying Yourself (Real Steps) (00:05:20)

9. Exit Planning Starts NOW (00:06:10)

10. Where Else to Reinvest (Outside of Just Your Biz) (00:06:40)

11. The Hard Truth: If You Don’t Pay You, You’ll Pay Later (00:07:00)

162 episodes