Open phones on the show today. Justin answers questions ranging from what to do with an early withdrawal from a 401(k) plan to how to stay focuse on a small business despite the bad economy.
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From the monthly archives:
October 2008
Most likely if you don’t want your business to make you at least six-figures per year then you probably just have a hobby.
Here are 8 Reason’s why Your Business Does Not Make $100,000 per Year or More:
- You are unqualified to help your clients
- You don’t have a plan
- Your business only has one referral source for customers
- No specific niche
- Have not identified your target market
- Operating out of fear
- Trying to compete with Wal-Mart
- Lack of skill
Any one of these can bring your business down.
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Debt
Financial Coach Preston McLaurin and I were the special guests on a world-wide radio program to talk about what’s holding you back in business? Specifically we talked about what you need to begin doing today to manage the debt in your business and how to function in today’s economy.
If you’re struggling in your business right now, or just want to do better, this radio show deserves a listen.
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Plan
Want to know what to do with your money regardless of the economy? Really, the economy should not drive the decisions you make about money. Whether the economy is up or down, you NEED to have each of these 6 things in place in your financial plan. If just one of them is missing, your plans will not succeed.
Callers had questions ranging from, is it a good time to start a business to what should I do with the money I have left over each month if I’m not in debt. Should I invest in the stock market right now?
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