How To Make Your First Million Dollars
Most people get it all wrong when they think about making their FIRST MILLION DOLLARS, but when you know the truth, then you know what target to aim at, and because of that, you’re far more likely to reach your goal.
Here’s an example…
Most people think that if they get into business, and their business makes a million dollars, they’re a millionaire.
But that’s NOT the case!
After you take out expenses and taxes and everything else, you’re not left with much, in fact, I know businesses that gross a million dollars and after all is said and done, they’re left with less than $400,000 to their bottom line, and the owner might be able to take ½ of that for himself or herself.
So, grossing a million IN YOUR BUSINESS is not the answer.
And for those of you who have companies that NET a million to you, meaning that you, as the owner can take a million as distributions from your company, you know that after personal taxes (because once you take the money out of your business and put it into your personal account, you have to pay even more taxes on it) and after all that, you’re DEFINITELY not left with a million.
So, to make your FIRST MILLION DOLLARS, I’m going to suggest that you...
Watch now to see more...
ABOUT THIS CHANNEL
Chris Guerriero is an entrepreneur, investor, bestselling author, and advisor to a handful of high growth companies. He has built four 8-figure companies, developed winning leadership teams across multiple industries, and designed business systems that predictably grow multi-million-dollar brands. He's been featured in financial periodicals such as Success, Inc, Bloomberg, and in Entrepreneur as a top entrepreneur of the time.
For more proven business tips and advice for businesses wanting to achieve massive growth. We cover actionable advice from business mindset, growth strategies, and scaling systems.
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