Cutting Profit Sharing After a Tough Year

Mike asks about reducing profit sharing; Dave explains profits aren't guaranteed and must be framed correctly.

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Episode notes

Today, we’ll hear about:

• A man dealing with the consequences of bad financial decisions

• A manager whose team is upset they didn’t receive profit sharing

• A young business owner considering leaving his full-time job for a profitable side hustle

• A father seeking advice on how to divide his estate between his children

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

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• 🏢 Attend EntreLeadership Summit: https://ter.li/summit

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• 📖 Order Dave’s new book, Build a Business You Love: https://ter.li/b4kru2

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Listen to More From Ramsey Network:

🪑 Front Row Seat with Ken Coleman

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