How to Control Your Largest Business Expense

The EntreLeadership Podcast

Lampo Licensing, LLC.

Entrepreneurship, Business, Management

4.7 • 4.1K Ratings

🗓️ 11 March 2024

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today we’ll hear about: How delegation is the key to scaling your business The best way to establish bonus structures that don’t rob you of your profits How Dave Ramsey pays his executive board How there’s no way around being taxed on retained earnings Next Steps 🗳️ Submit your question for a chance to be on the show with Dave Ramsey: https://bit.ly/3HUgAgi 👣 Find out what stage of business you’re in: https://ter.li/axd39b ✉️ Sign up to receive tactical tools, advice and resources in your inbox every week: https://ter.li/y8qdo7 🏢 Attend EntreLeadership Summit: https://ter.li/fcazl2 🎤 Attend EntreLeadership Master Series: https://ter.li/wcjhpu ☎️ Learn more about EntreLeadership Coaching: https://ter.li/ycznhl 💵 Learn more about Ramsey SmartDollar: https://ter.li/4imot0 🗳️ Help us make the show better! Please fill out this quick survey form: https://bit.ly/3O8fRvh Offers From Today's Sponsors NetSuite: https://ter.li/x1t20q BELAY: https://ter.li/yohiu6 Payority: https://ter.li/fh2oau Trainual: https://ter.li/a8zexl Listen to More From Ramsey Network 🎙️ The Ramsey Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 💼 The Ken Coleman Show Ramsey Solutions Privacy Policy https://www.ramseysolutions.com/compa…

Transcript

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0:00.0	From the headquarters of Ramsey Solutions, this is the Entree Leadership Podcast, where I take calls from
0:16.5	leaders like you about what it takes to win at any stage of business or leadership.
0:21.7	I'm Dave Ramsey, your host with over 30 years of
0:23.8	experience in the trenches here just like you. Today I've made some of the
0:28.0	decisions you've made. Today I made some mistakes you made. Today I made some mistakes
0:30.7	you made. And today I made some mistakes that you haven't gotten to yet and that's why we're here to help you.
0:36.0	The phone number if you want to be a caller on this show is 844, 944, 1070.
0:42.7	Or if you want to just leave a message at the website,
0:44.7	we'll make you a caller by having Christian or Eboo
0:47.5	or one of them get in touch with you and having you on the air.
0:50.4	The email or the website rather is Entre Leadership.
0:54.3	dot com slash ask.
0:57.2	Dustin is in Los Angeles.
0:59.2	Hi Dustin, welcome the Entre Leadership Podcast.
1:01.8	What's up?
1:05.0	Hey Dave, thanks for taking my call. Sure man. How can we help?
1:07.0	Well, I'm 35 years old and going into my 15th year in business.
1:12.0	I started a small business when I was 20.
1:14.8	And the main reason for my call
1:16.9	I've just been kind of thinking about how I want to navigate this next 15 years
1:20.3	is they're going to look a lot different, you know, now married, we got our first kid on the way.
1:26.2	And the main thing that's kind of been dumping me a little bit and wanted to get your advice is,
	...

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