014: Exactly How To Fire Your Worst Business Partner, The IRS

Published: July 8, 2020, 8 a.m.

Every business needs structure, strategy, and system. This is the trifecta of your business and part of this is having a good plan in place every step of the way.\xa0

If you don't have a plan, then the IRS has one for you anyway. But their plan is going to cost you a ton.

So today, I want you to fire your worst business partner you've ever had \u2013 the IRS.

You've got to take control.\xa0

You\u2019ve got to be able to sleep at night knowing your numbers.\xa0

And this is one area in your business that you need to master... seriously.

By having a good understanding of your numbers, the right systems in place, and the right people around you, you will soon be on your way to your destination freedom.\xa0

In this episode, you will hear:

  • Why you need to know your numbers (cash flow, expense, sales)
  • You need to hire a team of professionals
  • Other numbers entrepreneurs need to know (value of time, price point, client lifetime value)
  • Setting specific timelines

\xa0

Subscribe and Review

Please share this podcast with your friends and family. Our beliefs really do drive our behavior and you are born for more.

Have you subscribed to my podcast? If the answer is no, I\u2019d love for you to subscribe. Live Life Rich is full of stories of business, some behind the scenes, and freaking amazing guests.

If you\u2019re feeling really generous, I\u2019d love for you to give me a review over on Apple Podcasts. Simply select \u201cRatings and Reviews\u201d and \u201cWrite a Review\u201d then a quick line with your favorite part of the episode. It only takes a second and it helps me out a ton!

If you really enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://marissanehlsen.com/llr014 to download it.

\xa0

Supporting Resources:

https://marissanehlsen.com\xa0

Facebook: https://www.facebook.com/marissa.nehlsen

Instagram: https://www.instagram.com/marissa_nehlsen/

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

7 Steps to Financial Freedom: https://marissanehlsen.com/7steps/

The E Myth by Michael E. Gerber: https://www.amazon.com/Myth-Revisited-Small-Businesses-About/dp/0887307280

\xa0

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.

He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world.

Find out more at https://emeraldcitypro.com