The Magic Budget For Massive Business Growth
The Chris Harder Show
Chris Harder
4.9 • 1.5K Ratings
🗓️ 5 December 2022
⏱️ 22 minutes
🧾️ Download transcript
Summary
I'm sharing an investing formula for any small business owner who has big ambitions and is dedicated to growing their brand in the next 12 months. I break down the different buckets you should set up in order to intentionally support your goals of getting to the next level. I also describe some real world examples of what's possible for each budget and explain how to apply this template to whatever your projected revenue is for next year.
IN THIS EPISODE, WE TALK ABOUT:
- The #1 financial mistake I see with "accidental entrepreneurs"
- Why I believe 60% to 65% of your revenue should be dedicated towards growing your business
- The thought process behind earmarking 20% of your revenue for marketing & PR
- Reimagining the traditional hiring and team building model
RESOURCES
- Just a few spots left in the 2023 Elite Mastermind! Check out more information at chrisharder.me/mastermind.
- Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.
CONNECT WITH CHRIS
Follow Me: @chriswharder
Visit My Website: https://chrisharder.me
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You ever wonder why the brands just a little bit bigger than you or the, you know, |
| 0:03.7 | the personal brands, the solar producers, you see just a little bit bigger. |
| 0:06.8 | You ever wonder why they seem to be growing exponentially faster? |
| 0:09.7 | It's because they're sticking to these rule of thumbs. |
| 0:12.2 | They don't come back on the marketing when they start making more. |
| 0:14.5 | They don't pay themselves more. |
| 0:16.1 | They reinvest that 20% in this case $100,000 into audience growth and marketing. |
| 0:22.5 | Welcome everybody to the Chris Harder Show where we are making you |
| 0:30.4 | unapologetic about your pursuit of success. |
| 0:32.8 | Knowing that when good people like you make good money, they can then do great things. |
| 0:37.2 | My name is Chris Harder and several times per week. |
| 0:39.6 | I will bring you epic guests, solo episodes, and every single tool trick and skill set you need |
| 0:44.7 | to grow your business, grow your money mindset, and to grow your wealth to levels that you have |
| 0:48.9 | never reached before. |
| 0:50.4 | I've ended up in a unique place in life where I've got the experience, the connections, |
| 0:54.2 | and all of the secrets that it takes to be successful. |
| 0:57.1 | And I'm lifting the curtain to reveal it all to you in an effort to help put you in a position |
| 1:02.0 | of abundance so great that you can then be as generous as possible. |
| 1:06.8 | So let's lock arms and let's get started. |
| 1:13.1 | Hey everybody, welcome back to the Chris Harder Show. |
| 1:15.2 | It's another money Monday here where we absolutely believe that both prosperity and generosity |
| 1:19.0 | can and must coexist. |
... |
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