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EntreLeadership

Should I Sacrifice a High Salary for Business Growth?

EntreLeadership

Ramsey Network

Management, Entrepreneurship, Business

4.74.4K Ratings

🗓️ 23 September 2024

⏱️ 37 minutes

🧾️ Download transcript

Summary

Today we’ll hear about:  How to determine your salary as a business owner  Why delegation is the key to running a successful business  How raising prices is essential for all businesses  A business owner struggling with how to prioritize clients    Next Steps  📞 Have a question for the show? Call 844-944-1070 or send us a message: https://ter.li/ask-us  📚 Learn about the EntreLeadership System: https://ter.li/system-p  💻 Get EntreLeadership Elite for your business: https://ter.li/elite-p  ✉️ Sign up to receive tactical tools, advice and resources in your inbox every week: https://ter.li/enl  🏢 Attend EntreLeadership Summit: https://ter.li/summit   🎤 Attend Entreleadership Master Series: https://ter.li/masterseries    Offers From Today's Sponsors  NetSuite: https://netsuite.com/ramsey  BELAY: https://www.belaysolutions.com/entreleadership  Payority: https://www.payority.com/entreleadership  Trainual: https://trainual.com/entre  Found: https://found.com/entre    Listen to More From Ramsey Network  🎙️ The Ramsey Show    💸 The Ramsey Show Highlights  🧠 The Dr. John Delony Show  🍸 Smart Money Happy Hour  💡 The Rachel Cruze Show  💰 George Kamel  💼 The Ken Coleman Show    Learn More About Your Ad Choices   Ramsey Solutions Privacy Policy  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

From the Headquarters of Ramsey Solutions, this is the Entre Leadership Podcast,

0:14.6

where I take calls from leaders like you about what it takes to win at any stage of

0:19.8

leadership and business.

0:21.6

I'm Dave Ramsey, your host with over 30 years of

0:23.8

experience in the trenches. I'm in here as the CEO of Ramsey making these

0:28.0

decisions every day. This is not a think tank, this is not theory, I'm not a

0:31.3

college professor who's never made payroll.

0:33.2

Made payroll last week. Make it again next week. This is how we do it around here.

0:37.0

So if you want to talk to a practitioner, you got the right place. I'll help you with your

0:41.3

business. We help businesses tens of thousands of

0:44.4

them across America do better and move up through the stages of business.

0:49.1

Give me a call at 8449441070 that's 844, 944, 1070, that's 8 44944, 1070.

1:00.4

Or you can go to the website at entree leadership.

1:02.4

com slash ask, leave your question there.

1:05.5

We'll get back to you, make you a caller on the show.

1:07.8

Alex is in Nashville.

1:09.2

Hi Alex, how are you?

1:11.4

Hey Dave, I'm doing good. How are you?

1:13.0

Better than I deserve.

1:14.0

How can I help?

1:15.0

Well, I'm the owner of a pool service business in Nashville.

1:20.0

Did about a million in revenue last year on track to do about the same this year.

...

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