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What To Do With Business Profits
Manage episode 430400576 series 3482081
内容由Jeff Sauer and Chris Mercer提供。所有播客内容（包括剧集、图形和播客描述）均由 Jeff Sauer and Chris Mercer 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品，您可以按照此处概述的流程进行操作https://zh.player.fm/legal。
Topics Covered In This Episode
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- Mercer and Jeff examine business profits, discussing gross, net, and gross margin, and the implications of effectively managing these profits.
- They emphasize the importance of reinvesting profits for business growth and stability, highlighting the balance between investment and cash optimization.
- Next Jeff and Mercer explore strategies for building a strong business team, including effective hiring and the benefits of outsourcing to increase productivity.
- Managing and separating finances is crucial, they share insights on setting aside profits for personal use and separating personal and business accounts.
- The duo then discuss diversifying investments across various assets like stocks, small businesses, and real estate as a strategy for long-term growth.
- Finally, they stress becoming an owner rather than just an operator, with advice on investing in startups and prioritizing ownership for long-term success and wealth.
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