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The EntreLeadership Podcast

Is It Time for Me to Get a Business Partner?

The EntreLeadership Podcast

Lampo Licensing, LLC.

Entrepreneurship, Business, Management

4.74.1K Ratings

🗓️ 21 October 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

Today we’ll hear about:  A man asking if he should take on investors  A woman wondering if her business is growing too fast  Dave’s take on how to balance humility and confidence  A business owner deciding how to use his profit    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

Transcript

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0:00.0

From the Headquarters of Ramsey Solutions, this is the Entre Leadership Podcast Podcast where I take calls from leaders like

0:15.3

you about what it takes to win at any stage of business and leadership. I'm Dave

0:20.8

Ramsey, your host with over 30 years of experience leading in the trenches right alongside you.

0:26.0

If you've got a question you want to ask on the show, fill out the form on Entree Leadership.com slash Ask.

0:33.3

And you can call and leave a voicemail at 844 944 1070.

0:39.0

We'd love to have you there as well.

0:40.5

844 944 1070. We'll put you on as a caller.

0:45.0

You and I will talk and I'll try to help you move your business and leadership forward.

0:50.0

That's the idea.

0:51.0

Brian is with us in Fort Myers, Florida. Hey Brian, how are you?

0:55.0

Good afternoon, Dave Ramsey. I'm doing great in yourself.

0:59.0

Better than I deserve. How can we help today?

1:02.0

Man, I love it when you say that.

1:05.0

I am in the construction industry.

1:08.0

I am the general contractor and owner for Minneapolis.

1:12.0

We currently have four employees. Last year our

1:16.6

revenue was 1.4 million. This year we're headed to surpass 3 million. My question for you is should I entertain

1:25.4

partnering with investors? No. Why? Why would you do that your business is exploding?

1:35.0

I agree. Why would you bring in people?

1:38.0

Why would you what?

1:40.0

What'd you say?

1:42.0

I said it's so tempting. do what? What are you wanting to do that you can't do?

...

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