2min chapter

Tropical MBA: Entrepreneurship & Founder Lifestyle cover image

TMBA 661: The Rewards Of Challenging Assumptions

Tropical MBA: Entrepreneurship & Founder Lifestyle

CHAPTER

How to Get the Most Out of Your Business

A lot of this goes back to knowing what you, as a business owner wants out of your business. You should be able to spit out between ten to 20 % net profits. If you can't do that, there's something mentally wrong with your business. And so if you can figure out what you need, and you can fit that within the net profit, the dividend generating side of your business, then you theoretically should beable to bring somebody in who can run it better than you.

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