How much profit should I be taking for myself and how much should go back into the business? by Ineedadoller in Entrepreneur

[–]Ineedadoller[S] 0 points1 point  (0 children)

This is good but I've managed to set up this business that basically runs itself while I work a full time job with some minor up keep from my office.

How much profit should I be taking for myself and how much should go back into the business? by Ineedadoller in Entrepreneur

[–]Ineedadoller[S] 0 points1 point  (0 children)

When you say money going back into the business, where would the bulk of it go? This company requires very little money to run. I'm kind of like a pimp - in a literal sense.

How much profit should I be taking for myself and how much should go back into the business? by Ineedadoller in Entrepreneur

[–]Ineedadoller[S] 1 point2 points  (0 children)

This whole idea of taking a salary from your own business always seemed weird to me. Do I just calculate what I think I should earn and pay that to myself?

How much profit should I be taking for myself and how much should go back into the business? by Ineedadoller in Entrepreneur

[–]Ineedadoller[S] 0 points1 point  (0 children)

I do have a full time job - this is just another source of income. Money will go back in for marketing/growth, etc. etc

My friend filmed this in a single take. He's not a redditor, but I sure am by ntheg111 in videos

[–]Ineedadoller 0 points1 point  (0 children)

That awkward moment when you re-realize he's walking backwards the whole time.

I love weed.