Making Money Work For You
The art of managing money starts with you! To unlock it for your business, you better master beforehand how to handle your personal finances and your own budget.
Find out now if you’re building a high-value, exitable business (even if you have no immediate plans to sell it). You’ll get an instant PDF report with powerful insights specifically tailored to your business in just 4 minutes.
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KEY TAKEAWAYS
Cash flow in business is the most important thing. If you can’t properly pay all the people that help you grow your business, then it may not be a viable business. Manage your emotions effectively. Yes, your finances, your budget, and money, in general, are rational objects, but they’re underpinned by emotions. Nick himself had problems managing his finances. Instead of saving up or investing his money, he’d prefer to use it for buying more material possessions and pay for his hobbies.Three things that his coach told him about Money:
Money flows from people who value it least, to people who value it the most. If you’re not a millionaire by the time you’re 40, then you simply haven’t put enough focus to this area of your life and therefore, need to change your focus. Wealth is a spiritual concept measured by the number of zeros in your bank account.Three Important Strategies:
Give a percentage of your money every year or every month to those who need it. Develop psychology around money that attracts wealth and abundance to you. Create a clear plan around debt reduction, if you have it, and asset location.BEST MOMENTS
“Your ability to manage money and cash flow in business are critical.” “Everyone should have financial mastery is one of their goals.” “What I was really doing was I was masking certain perceived deficiencies in other areas of my life by the short-term hits of satisfaction.” “If you add enough value to people in life without expectation, you’ll have everything you want in life.” “Like anything, where you focus on is where your energy flows.”VALUABLE RESOURCES
The Richest Man in Babylon by George S. Clason Rich Dad Poor Dad by Robert T. Kiyosaki Money: Know More, Make More, Give More by Rob Moore Money: Master the Game by Tony Robbins The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel by Benjamin GrahamABOUT THE HOST
Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert.
His background is growing and scaling Venture Capital and Private Equity backed businesses globally. Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars.
His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact.
CONTACT METHOD
Nick’s Facebook page: https://scaleup.vip/FB
Nick’s LinkedIn: https://scaleup.vip/LI
Nick's Instagram: https://scaleup.vip/IG
Scale Up Your Business, coaching/consulting: https://suyb.global
