How Much Should I Reinvest in My Business?

AskPat 2.0: A Weekly Coaching Call on Online Business, Blogging, Marketing, and Lifestyle Design

Pat Flynn

Business, Small Business, Getting Started, Passive Income, Business Advice, Business Strategy, Marketing, Podcasting, Online Entrepreneurship

4.9 • 636 Ratings

🗓️ 8 February 2018

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today’s coaching call is with Cathy, a full-time professor and mom of three. She helps academic women—specifically moms—write and publish more. She makes most of her money via coaching and online courses. She’s had a great first year, but is wondering how much she should reinvest in her business. What should she be spending it on, business-wise? Check out Cathy’s site at CathyMazak.com. If you want to be considered for a coaching session, apply via the form at AskPat.com. Today’s sponsor is FreshBooks, who make the best financial management software out there. Go to FreshBooks.com and enter “Ask Pat” in the “How Did You Hear About Us?” section for more information. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	AskPat.
0:02.5	Ask Pat.com.
0:08.1	What's up, everybody, Patlin here, and welcome to episode 1002 of Ask Pat 2.0.
0:13.9	And Aspat 2.0 is a coaching call between myself and somebody who had applied on Askpat.com to get coached.
0:19.4	If you have a business and you want to get coached too and potentially be featured on this show, all you have to do is go to Askpad.com and you can
0:25.7	apply right there. Now, I'm here through this to help you make more money, save more time, and help
0:32.3	more people. And we do that one by one for these amazing people who generously shared their problems and their
0:38.7	issues and their pains in their business so that I can coach them through that process.
0:42.7	But you, being a fly on a wall, you're able to listen and learn at the same time too.
0:46.5	And I truly hope that you'll enjoy this show so much that you'll subscribe and help
0:51.0	with this movement.
0:52.7	So before we get to today's call with Kathy and her questions.
0:57.6	And really, I mean, this was one where there's definitely a transition.
1:01.5	I mean, this often happens.
1:02.7	I've already recorded a number of these.
1:04.2	So again, you should subscribe because they're great.
1:05.9	But a lot of times a person comes in with a singular question,
1:10.5	and we kind of through
1:11.9	extraction of why that's important to them, we actually find something different that is
1:18.4	more important to talk about. And that happens here in this session too. So I think you'll
1:22.5	really, really enjoy this conversation between myself and Kathy. And like before, I'm not
1:27.3	even going to introduce her because she introduces herself and
	...

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