95: Three Ways to Pay Yourself $100K This Year
Listen on Apple | Spotify | Android | Google
If you’re reading this, I’m calling it: this is the year you pay yourself a six figure salary as the CEO of your business. In this episode, I cover how to overcome the mindset blocks around paying yourself more, the terms you need to understand to calculate your numbers, and how to reach that $100 paycheck depending on your business model.
To Enter the 100 Reviews by 100th Episode Giveaway:
- Leave a review on Apple Podcasts and take a screenshot
- Fill out this form and attach the screenshot of your review
- Encourage your business besties to listen, rate, and review so we can hit 100 reviews by the deadline!
Ready to scale your business to secure your $100K paycheck? Apply for my Scaling Made Simple program! If you pay in full for the program in January 2024, you’ll get a BONUS 2-hour 1:1 strategy session with me!
Links Mentioned:
- Episode 54: How I Would Pay Myself $50K, $100K, and $300K
- Build a Dream Team Series | Part 1: The Right Role for Your Next Hire
0:00 Avoiding getting burned out by your business
6:25 Thinking bigger about what your business can do for you
11:06 The financial terms and benchmarks you need to understand
16:51 The high-ticket, low-expense model
19:08 The Medium- to high-ticket services with a team model
21:19 The Low- to medium-ticket services model