Hidden Blockers That Will Keep Your Business from Growing

The EntreLeadership Podcast

Lampo Licensing, LLC.

Entrepreneurship, Business, Management

4.7 • 4.1K Ratings

🗓️ 8 January 2024

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today we’ll hear about: • What to do when your leadership team can’t get on the same page • A business owner who hasn’t taken a salary in five years because they have so much debt • The pros and cons of having your business as an LLC vs. an S-Corp • Three steps to determine the true value of your business Links mentioned in this episode: • The EntreLeadership Podcast • EntreLeadership Elite • Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL Support our sponsors: • NetSuite • BELAY • Payority • Trainual Learn more about EntreLeadership Events: • EntreLeadership Summit • EntreLeadership Master Series Learn more about EntreLeadership Coaching: • Elite • Advisory Groups • Executive Coaching • Workshops Find out what stage of business you’re in and what you can do to level up with our Stages of Business Assessment. Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq Learn more about your ad choices: https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy

Transcript

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0:00.0	From the headquarters of Ramsey Solutions, this is the Entre Leadership
0:14.5	Podcast where I take calls from leaders like you about what it takes to win at any
0:20.6	stage of business. I'm Dave Ramsey, your host with over 30 years of
0:25.2	experience in the trenches. I'm down in there myself every day, just a shoveling
0:30.5	like you, baby. We're here to help you and we're going to lead right
0:33.8	alongside you and help you get to the next level. We love small business people and
0:38.0	we want you to succeed. We want you to prosper. We want you to become so successful that it sickens your friends.
0:45.0	Leave us a number and a phone message if you want to at entree leadership
0:52.8	dot com slash ask put in what you want to talk about we'll call you
0:56.5	and get you all set up or leave a voicemail at 844 944 1070 and we
1:01.4	will put you on here and we'll talk. Nick is in Chicago. Hi Nick, welcome to the
1:06.8	podcast. Hey Dave, it's an honor to talk to you today. You too, man, what's up?
1:12.0	Yeah, so I work for a digital marketing company in
1:16.7	Chicago we have about 50 employees our revenue last year was 12 million
1:21.5	dollars and we it was a startup for 10 years last year was $12 million.
1:23.0	And we, it was a startup for 10 years,
1:26.4	10 year old company.
1:28.0	And just recently have started the process
1:30.7	of putting some systems and processes in places.
1:33.2	You know, startups things.
1:35.4	People wear lots of hats, you do things quickly,
1:37.5	and the processes follow sometimes later down the road.
	...

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