September 14, 2023
Common Mistakes When Paying Yourself
I think every business owner should know how to pay themselves.
Whether you’re doing it now or not, it’s a part of business owning that can either empower you or confuse the heck out of you.
Back in Episode 58 of the podcast, I did a deep dive on everything you need to know about paying yourself. So, if you squirm in your seat a little bit on this topic, listen to that so you can feel uber-confident.
However, just because you know how to pay yourself doesn’t mean you won’t still make mistakes because … we’re human.
Depending on which mistake you make when paying yourself (I cover six in today’s episode), it can range from being a tax issue to something that stunts your business growth.
In today’s On Your Terms podcast episode, I cover people’s most common mistakes when paying themselves so you can learn from them and make practical changes.
We chat about everything from…
💸 Paying yourself too much
💸 Paying yourself too little
💸 Paying yourself with a “feast or famine” mindset
Plus, three more super common mistakes and key takeaways!
You can listen to this episode on Apple, Spotify, or directly on my podcast page. Oh, and if this could be super helpful for a friend or peer, please feel free to send them the link to the episode.
So What Do you think?