The Headaches of Leading Your Own Business

04/03/23 • 60 min

1 Listener

The EntreLeadership Podcast

Today, we hear from:

• A business owner wondering how much cash she needs to hire her first team member

• A solopreneur wanting to know how to reduce the taxes his business pays

• A son seeking advice on the succession plan for his dad’s business

• A framing contractor struggling with cash flow since he keeps getting paid late

Links mentioned in this episode:

• The EntreLeadership Podcast: https://bit.ly/TheEntreLeadershipPodcast

• Learn more about EntreLeadership’s Stages of Business: http://bit.ly/3yvdavv

• Find a RamseyTrusted tax pro: https://bit.ly/3RQZSlO

• Learn more about the EntreLeadership framework: https://bit.ly/3yvdavv

• Start your free trial of EntreLeadership Elite: https://bit.ly/3tI2fN8

• Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask

Take our listener survey and let us know what you think about The EntreLeadership Podcast being a caller-driven show. If you do, you’ll be entered to win a $100 gift card: http://bit.ly/40dV9hf

Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL

Support our sponsors:

• Hite Digital: https://bit.ly/HiteDigital

• NetSuite: https://bit.ly/NetSuiteEntre

• BELAY: https://bit.ly/351P9AE

• Payority: https://bit.ly/3IaA5SK

• Staples: https://staplesbusinessadvantage.com/ramsey

Learn more about EntreLeadership Events:

• EntreLeadership Summit: https://bit.ly/EntreLeadershipSummit

• EntreLeadership Master Series: https://bit.ly/EntreLeadershipMasterSeries

Learn more about EntreLeadership Coaching:

• Elite: https://bit.ly/3tI2fN8

• Advisory Groups: https://bit.ly/EntreLeadershipAdvisoryGroups

• Executive Coaching: https://bit.ly/EntreLeadershipExecutiveCoaching

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Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq

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Today, we hear from:

• A business owner wondering how much cash she needs to hire her first team member

• A solopreneur wanting to know how to reduce the taxes his business pays

• A son seeking advice on the succession plan for his dad’s business

• A framing contractor struggling with cash flow since he keeps getting paid late

Links mentioned in this episode:

• The EntreLeadership Podcast: https://bit.ly/TheEntreLeadershipPodcast

• Learn more about EntreLeadership’s Stages of Business: http://bit.ly/3yvdavv

• Find a RamseyTrusted tax pro: https://bit.ly/3RQZSlO

• Learn more about the EntreLeadership framework: https://bit.ly/3yvdavv

• Start your free trial of EntreLeadership Elite: https://bit.ly/3tI2fN8

• Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask

Take our listener survey and let us know what you think about The EntreLeadership Podcast being a caller-driven show. If you do, you’ll be entered to win a $100 gift card: http://bit.ly/40dV9hf

Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL

Support our sponsors:

• Hite Digital: https://bit.ly/HiteDigital

• NetSuite: https://bit.ly/NetSuiteEntre

• BELAY: https://bit.ly/351P9AE

• Payority: https://bit.ly/3IaA5SK

• Staples: https://staplesbusinessadvantage.com/ramsey

Learn more about EntreLeadership Events:

• EntreLeadership Summit: https://bit.ly/EntreLeadershipSummit

• EntreLeadership Master Series: https://bit.ly/EntreLeadershipMasterSeries

Learn more about EntreLeadership Coaching:

• Elite: https://bit.ly/3tI2fN8

• Advisory Groups: https://bit.ly/EntreLeadershipAdvisoryGroups

• Executive Coaching: https://bit.ly/EntreLeadershipExecutiveCoaching

• Workshops: https://bit.ly/EntreLeadershipWorkshops

Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq

Learn more about your ad choices: https://www.megaphone.fm/adchoices

Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy

Previous Episode

These Are Crucial Decisions Every Leader Needs to Make

Today, we hear from:

• A vice president who is trying to balance leading a large team while doing her own job

• A solopreneur who needs help but doesn’t have time to hire anyone

• An Instagram follower who is trying to decide when to hire a contractor on as a team member

• A managing partner who is wondering if her work expectations are too high for millennials and Gen Zers

• A caller who wants to know how her faith should influence her work

Links mentioned in this episode:

• The EntreLeadership Podcast: https://bit.ly/TheEntreLeadershipPodcast

• Download the Time Tracker Tool from EntreLeadership: http://bit.ly/3ZaaPRR

• Take the Stages of Business Assessment: http://bit.ly/40r4sdJ

• Start your free trial of EntreLeadership Elite: https://bit.ly/3tI2fN8

• How to Hire Employees: https://bit.ly/3qx7DAw

• Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask

Take our listener survey and let us know what you think about The EntreLeadership Podcast being a caller-driven show. If you do, you’ll be entered to win a $100 gift card: http://bit.ly/40dV9hf

Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL

Support our sponsors:

• Hite Digital: https://bit.ly/HiteDigital

• NetSuite: https://bit.ly/NetSuiteEntre

• BELAY: https://bit.ly/351P9AE

• Payority: https://bit.ly/3IaA5SK

• Staples: https://staplesbusinessadvantage.com/ramsey

Learn more about EntreLeadership Events:

• EntreLeadership Summit: https://bit.ly/EntreLeadershipSummit

• EntreLeadership Master Series: https://bit.ly/EntreLeadershipMasterSeries

Learn more about EntreLeadership Coaching:

• Elite: https://bit.ly/3tI2fN8

• Advisory Groups: https://bit.ly/EntreLeadershipAdvisoryGroups

• Executive Coaching: https://bit.ly/EntreLeadershipExecutiveCoaching

• Workshops: https://bit.ly/EntreLeadershipWorkshops

Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq

Learn more about your ad choices: https://www.megaphone.fm/adchoices

Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy

Next Episode

The Team Is Threatening to Leave! What Should I Do?

Today, we hear from:

• A team member looking to purchase a business, but the team doesn’t want to stay

• A business owner wanting to hire another chiropractor, but it would cut his salary in half

• A street vendor making $1.5 million and wanting to increase his traffic level

• A start-up business owner wondering if he should take on investors or go into debt to pay his team

Links mentioned in this episode:

• The EntreLeadership Podcast: https://bit.ly/TheEntreLeadershipPodcast

• Start your free trial of EntreLeadership Elite: https://bit.ly/3tI2fN8

• Learn more about EntreLeadership’s Stages of Business: http://bit.ly/3yvdavv

• Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask

Take our listener survey and let us know what you think about The EntreLeadership Podcast being a caller-driven show. When you do, you’ll be entered to win a $100 gift card: http://bit.ly/40dV9hf

Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL

Support our sponsors:

• Hite Digital: https://bit.ly/HiteDigital

• NetSuite: https://bit.ly/NetSuiteEntre

• BELAY: https://bit.ly/351P9AE

• Payority: https://bit.ly/3IaA5SK

• Staples: https://staplesbusinessadvantage.com/ramsey

Learn more about EntreLeadership Events:

• EntreLeadership Summit: https://bit.ly/EntreLeadershipSummit

• EntreLeadership Master Series: https://bit.ly/EntreLeadershipMasterSeries

Learn more about EntreLeadership Coaching:

• Elite: https://bit.ly/3tI2fN8

• Advisory Groups: https://bit.ly/EntreLeadershipAdvisoryGroups