Per Diem Podcast
Jump in the front seat as the host Keaton Turner takes you on a daily ride through his life as if you were sitting right there in the action with him. The Per Diem Podcast is a daily dialogue of the good, the bad, and the ugly of building a business.
Gucci Slippers vs. Business Growth: Cash is a Catapult to One or the Other
In this episode, Keaton Turner kicks off with a warm welcome and expresses gratitude to listeners, followed by shoutouts and discussions on thoughtful gift giving. He shares the excitement of shipping out Per Diem Podcast mugs to fans. Keaton delves into the nuances of balancing business growth with personal income, emphasizing the importance of delayed gratification in achieving successful business outcomes. He offers insights on managing both personal and business finances effectively. The conversation shifts to the dynamics of building a business with a spouse and the art of shopping frugally. Keaton wraps up by addressing common misconceptions about business growth and the allure of personal luxury.
Key Points
- Building a business often requires delaying personal financial gratification to ensure long-term growth and stability.
- Maintaining cash within the business is crucial for funding growth initiatives like hiring, equipment purchases, and marketing.
- Aligning family expectations with the financial realities of building a business is essential to avoid personal and professional conflicts.
Chapters
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Transcript
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