If your goal is to level up your personal brand, you have to get your money right first.
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▶️ Invest in things that are going to make you more money. Get an Acorns account. Invest in yourself and back into your business.
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▶️ Nothing worth living for comes easy. You gotta put in the work to reap the crops. in will get you out.
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▶️ Build up your war chest. Use the Jim Rohn 70/10/10/10. It changed my life.
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▶️ Invest in building digital products for your business (especially if you’re a personal brand) It’s how you stop trading time for money.
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▶️ Get your money right and sky is the limit for you. It’s never too late
I started using the 70/10/10/10 formula and works like a charm.
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▶️ Never spend more than 70% of your income
▶️ 10% goes into investments (Acorns account)
▶️ 10% goes into marketing / ads
▶️ 10% goes into a savings
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At the end of the year, I’ll take 5% and donate to charity.
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This is what I do and works really well. You have to find what works for you but it’s a must to be financially intelligent. Otherwise you and your business doesn’t stand a chance.
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Thanks DJ @thesharkdaymond for making this such an important aspect of life and biz!
4 money traps to avoid
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Excellent tips by warren buffett.
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What’s your favourite from this selection?
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There’s so many good books out there!! Gotta Read ‘Em All
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When I pulled up to the arena today. Somebody said to me... Thank you for working on a Saturday.
Does this look like work? I am honored that thousands of people would take the time to come out and see me.
I Love what I do. I hope you feel the same way about what you do.
Thank you @therealWFG for allowing me to help you spread the knowledge of financial intelligence.
I sure wish you were around when I first started out. I could of avoided so many mistakes.
DJ
#Lovewhatyoudo
#financialintelligence
It took a while before I was able to get my hands wrapped around these 3 important parts of building my business and brand.
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Without understanding and being able to tackle them, your building your business blindfolded and timidly.
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Someone once told me, “The ones who can’t talk about money or afraid to are the ones that don’t make any.”
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It’s a bit harsh but it’s true.
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Know how much it costs to acquire a customer. Understand your financials. Don’t be afraid to talk about price points. Speak with confidence. Know your point of difference inside and out.
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Do these 3 things and you’ll build a strong practice!