301: How I use the Profit First system in my podcasting business.
Podcasting Business School
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The Owner's Comp Book Review
Mike McAllolowitz: I want you to consider breaking that profit bucket up into investment or investment slash debt repayment. So with this higher operating expense shift, if we made $1,000, still putting in 30% into the owners comp, that's 300 bucks. That way we're taking care of all of these stress points. The next week, I'm going to talk about my early retirement goals,. My plan to be retireable by 45, between 45 and 50 is when he'll probably end up hanging it up.
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