How Much Should You Pay Yourself As A New Business Owner | Profit First Method

In this video, I will be explaining how much you should pay yourself as a new business owner. I will be using the Profit First Method by Mike Michalowicz

Disclaimer: I am sharing this video based on my own personal experience.

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[antionettemurray]

You the first one that broke it all down so easy Thankyou for this.

[kaiuofficial]

Destiny, if you ever see this just know you have given me more value than the courses I’ve paid over $100 for. I got my business address and phone number because of you and I know there’s so much more to learn. Grateful is an understatement

[Misedwardsu]

This is super easy and to the point! Thank you! I’m definitely going to purchase this spreadsheet. I’m starting my business soon by myself and this is going to save me so much time.

[CharlesBooth-iwjm]

This all comes down to how people lifestyle style just because you own a Business doesn't mean drown yourself in debt and live above your meanings if you start small and grow your lifestyle then you'll tend to spend less in less in taxes and in expenses to profit more to reinvest in your business

[jadaeharmon]

Thank you so much for this! I’ve been struggling with what to pay myself and put away. I will open two more accounts for profit and taxes asap. Also—Thanks for the downloadable content 🖤

[adejokediamond]

OMG! You’re just an answered prayer 🙏
Thank you so much for sharing this

[lashawndalagriffin]

Thank you so much this is so helpful 😃

[__makeupbytati]

Currently creating business plan and needed help with money management breakdown. This video was very helpful.

[tayloryyaj]

Thank you so much you are appreciated! ❤

[jaquintastewartrosegold]

So glad you made this video. Because i just noticed I haven’t been paying myself. Thank you ❤

[yourhostfrancesca]

Thank you for this, there is not a lot of information out on this topic!

[destyneptv]

Hi, I’ve been binge watching your channel this week at work. Great content!’ I know you’ve said you can’t be luxury and affordable but what about selling different priced collections within your hair company? Such as virgin collection (lower cost) & raw collection (higher cost). Could you please do a more in depth video on that. Is it a good idea for both or do you have to choose? Are you selling yourself short if you do both ?

[lisaerewa]

Hi, Destiny. Thank you for this video. I do have a What is a good percentage to set aside to donate to charities/ organizations?

[eprohoda]

yaahoo-Yeah. interesting masterpiece, 😇

[AdjaeHall]

I made a mistake and made myself a registered agent on my Llc and made my daughter the manger. What do I have to do to make myself the only owner of my Llc. Thank you for this video and all your other videos.

[ChristelClearPhotography]

Should we move the money 1 time per month? What day is best?

[trendingwithLesenzo]

Hey Destiny the price for Business Budget Template do it change or that’s the set price to purchase it?

[sarahchang]

What if you have 2 ownership LLC how to pay your self/owner

[coolthingsforfree.]

Oh my God, I just found out that I have to pay myself, but I'm already have 1 year with my business, is there anyway that I still doing it?

[iranie]

I can barely see the words on the document that you pulled up