Why Making a Profit Isn’t Enough to Survive in Business

Why Making a Profit Isn’t Enough to Survive in Business

Today we’ll hear about: • A business owner who made $8 million last year but is going broke • The best way to structure bonuses for your team that doesn’t negatively affect your profits • Someone wanting to buy a gym, but the current owners aren’t being honest • What to take into consideration when determining how to pay yourself as the owner of a business Links mentioned in this episode: • The EntreLeadership Podcast • Stages of Business Assessment • Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL Support our sponsors: • NetSuite • BELAY • Payority • Trainual Learn more about EntreLeadership Events: • EntreLeadership Summit • EntreLeadership Master Series Learn more about EntreLeadership Coaching: • Elite • Advisory Groups • Executive Coaching • Workshops Find out what stage of business you’re in and what you can do to level up with our Stages of Business Assessment Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq Learn more about your ad choices: https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(639)

The Best Calls of 2025

The Best Calls of 2025

Today, we’ll hear about: • A man dealing with the consequences of bad financial decisions • A manager whose team is upset they didn’t receive profit sharing • A young business owner considering lea...

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The Best 65 Minutes You Could Spend for Your Business in 2026

The Best 65 Minutes You Could Spend for Your Business in 2026

Dave Ramsey talks about the goals that challenged him and built the foundation for what exists today. Get the blueprint for creating unstoppable momentum in your own business.    Next Steps: ·     ...

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Why Real Leaders Never Waste Time

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Today, we’ll hear about: •             Dave’s method for using commutes and daily routines to develop your leadership skills •       A business owner wanting to expand despite a lack of profitabilit...

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I’m Going to Be the New CEO (Will the Old One Be a Problem?)

I’m Going to Be the New CEO (Will the Old One Be a Problem?)

Today, we’ll hear about: •             How to lead when the previous business owner struggles to truly let go of control •       What happens when leaders tolerate incompetence  •       How Dave pr...

8 Des 202539min

Passing the Torch Without Burning the Family

Passing the Torch Without Burning the Family

Today, we’ll hear about:  A daughter confronting her father’s refusal to plan for succession for a $150 million business What happens when business growth collides with the reality of debt ...

1 Des 202551min

How to Rally People Around a Shared Vision (Secrets From America’s Founders)

How to Rally People Around a Shared Vision (Secrets From America’s Founders)

In this episode, we take a deep look at the Pilgrims’ perilous journey to the New World, the brutal first year marked by starvation and loss, and the surprising events that shaped the very first Thank...

24 Nov 202539min

Build Trust Fast: What Great Leaders Always Do

Build Trust Fast: What Great Leaders Always Do

Today, we’ll hear about:  A 30-year-old learning to lead a veteran team with humility, service and trust How to design compensation plans that drive results without breaking your business m...

17 Nov 202542min

My Toxic Husband Is Hurting Our Business (and Our Marriage)

My Toxic Husband Is Hurting Our Business (and Our Marriage)

Today, we’ll hear about: How a business owner faces her husband’s toxic leadership Dave’s advice for keeping legacy clean and fair for a father with two sons The right way to mentor e...

10 Nov 202531min

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