S4E5 - Tara Newman - How to earn 30% - 40% profit with a small business

Do you want to learn how keep 30% to 40% of your profits? The big issue a lot of small business owners face is they don’t pay themselves enough. This leads to lower salaries, more constraints within their personal life, and no money to invest in the stock market or other wealth-building channels. My next guest is a coach who uses the Profit First methodology to help small business owners keep more money. In this episode, we talk about small moves we can all make to profit more as a business owner. Please welcome, Tara Newman. Watch full episode on ⁠⁠⁠YouTube. Key Timecodes (01:27) - Show intro and background history (02:48) - Deeper into her background history (05:06) - Understanding her business model (07:36) - Deeper into her background history and business numbers (09:17) - How to learn from failures and grow from them (12:39) - How to be productive with today's distractions (17:51) - Deeper into her business strategies (21:52) - A bit about her book (24:26) - How business owners can build a healthy company (27:41) - What other types of business models does she have experience with? (31:03) - How to start a business to achieve financial freedom (34:37) - A key takeaway from the guest (39:51) - What is the worst advice he ever received (40:31) - What is the best advice he ever received (43:07) - Guest contacts Payback Time Podcast A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place. Want to start investing in the stock market with confidence? 👉Join Tykr for free: ⁠⁠⁠https://tykr.com/⁠⁠⁠   👉Investing courses: ⁠⁠⁠https://edu.tykr.com/⁠⁠⁠  🙏Trustindex Rating (4.9/5.0): ⁠⁠⁠https://www.trustindex.io/reviews/tykr.com⁠⁠⁠