Chapter
Advice on Investing Money for Entrepreneurs
25:00 - 29:16 (04:16)
The speaker shares his experience of investing money in advance and suggests entrepreneurs to invest as well, while also advising them on the best place to put their money.
Clips
The best place to put money after making a big profit is in investing in your current company rather than starting a new venture or upgrading it, according to a podcast speaker.
25:00 - 27:19 (02:19)
Summary
The best place to put money after making a big profit is in investing in your current company rather than starting a new venture or upgrading it, according to a podcast speaker. Despite some entrepreneurs not agreeing, investing in your current business can lead to even greater growth and success.
ChapterAdvice on Investing Money for Entrepreneurs
Episode773 Take Your Business to a New Level with the Shark Tank Masters
PodcastThe School of Greatness
Instead of constantly chasing new marketing trends, invest in what has already proven successful.
27:19 - 27:46 (00:27)
Summary
Instead of constantly chasing new marketing trends, invest in what has already proven successful. Focus on the sources of past sales and put all your money into them until they stop working.
ChapterAdvice on Investing Money for Entrepreneurs
Episode773 Take Your Business to a New Level with the Shark Tank Masters
PodcastThe School of Greatness
The guest explains that talented entrepreneurs thrive under pressure and are willing to bet on themselves.
27:46 - 29:16 (01:30)
Summary
The guest explains that talented entrepreneurs thrive under pressure and are willing to bet on themselves. Taking risks and having a sense of urgency is necessary for success.