Is $100K All it’s Cracked Up to Be? Setting realistic money goals, with Sarah Young

<p>Do you know your numbers enough to know how much money you need to pay yourself to keep the lights on and vehicles registered? </p> <p>Do you know how much your business needs to cover its expenses? </p> <p>Do you even know what your business expenses are? </p> <p>We don’t always take time to pause and ask ourselves these questions or dive into the numbers enough to know what's really going on under the hood in our businesses. </p> <p>Furthermore, the online space perpetuates a whole lot of loose advice and notions that we THINK we should be going along with, rather than sharing the behind-the-scenes of:</p> <ul><li>What it really looks like to achieve / attain a goal </li> <li>What's involved in maintaining a certain level of income </li> </ul> <p>For this week's episode on whether or not $100K is the ticket to sunshine, unicorns, and rainbows, I brought in Sarah Young, host of the Profit + Prosper Podcast and Founder of Young + Co., a virtual CFO agency. Sarah’s life work is to help business owners find financial peace and generate freedom and wealth. </p> <p>In this conversation, Sarah Young and I get into: </p> <ul><li>How to determine how much to pay yourself from your business</li> <li>The reasons businesses aren't as profitable as they could be</li> <li>Some money mindset issues she sees her clients struggle with</li> <li>Why $100K might not be all it's cracked up to be  </li> <li>Questions to start asking yourself when looking to scale and grow</li> <li>And more! </li> </ul> <p>Connect with Sarah Young: </p> <p><a href='https://podcasts.apple.com/us/podcast/ceo-diaries-55-an-honest-behind-the-scenes-of/id1608220698?i=1000604468219'>Episode #55) Profit and Prosper: An Honest Behind the Scenes of Scaling My Business</a></p> <p><a href='https://podcasts.apple.com/us/podcast/50-creating-highly-profitable-offers-profit-series-pt-1/id1608220698?i=1000598842853'>Episode #50) Profit and Prosper: Creating Highly Profitable Offers</a></p> <p><a href='https://www.trustyoungco.com/podcast'>All Podcast Episodes</a>