As a retailer and business owner, you work really hard. I see you. I’ve been there. But like I did for years and I see so many retailers doing this, you cannot forget to pay yourself. You are in business to make a profit, not hang on and see what’s left in the till.
“If you are not paying yourself a living wage, your business is not profitable.”
You need a steady income from your business. Understanding your inventory, knowing where your money is going and paying yourself a living wage is mind-shifting and business-shifting.
This episode is a little bit of tough love, but it’s going to pay off, literally, if you start writing yourself a regular paycheck, just like your rent check. Let’s dive in.
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