Why so many business owners barely pay themselves — and how to fix the problem — with Tuesday P. Brooks
Release Date: 12/06/2022
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Measure Success Podcast
What happens when you reach success but still feel empty? Bill Carmody knows that struggle firsthand. Despite building a seven-figure business, he realized that more money wasn’t the answer. In this episode, Bill shares the mindset shift that changed everything—moving from scarcity to abundance and service over self-interest. Key takeaways: ✅ Why "more" doesn’t always mean better ✅ How service and purpose create true success ✅ The three myths that keep people trapped in scarcity Interested in becoming a podcast sponsor? If you want...
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Train Your Mind to Thrive Under Stress
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What does it take to succeed on Amazon? In this episode of the Measure Success Podcast, Steven Pope of My Amazon Guy shares his insights on growing a brand in today’s competitive e-commerce landscape. Steven discusses the importance of understanding your product, building strong marketing strategies, and overcoming the unique challenges sellers face on Amazon. He also shares how his passion for teaching and his commitment to leveling up has fueled his success. Subscribe and set notifications to our . Tune in to hear actionable advice and inspiring stories that will help you...
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How to Balance Leadership and Results
Measure Success Podcast
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Culture & Core Values: Foundation for Business Growth
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How to Drive Success in Gaming Culture
Measure Success Podcast
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info_outlineEven when companies are raking in 6- and 7-figure sales, too many business owners end up working so many hours, and paying themselves so little of the profits, that they actually make minimum wage (or lower). Our guest this week is an expert in helping entrepreneurs reverse the trend and actually pay themselves what they’re worth.
Tuesday P. Brooks, MBA is a business owner, educator, and trusted tax and accounting advisor whose company, AJOY, is committed to improving profitability of women-led micro and small business enterprises.
Listen to the full episode for more on Tuesday’s company, her tax advice, why business owners have been thinking about profit all wrong, and more.
Here’s a Glimpse of What You’ll Learn:
- More about Tuesday’s company, AJOY, and who they help
- Why accounting and taxes end up being such a big problem for business owners, and the role that fear plays
- The rough percentage of Tuesday’s business owner clients who are actually making approximately minimum wage
- The problem with the “reinvesting in the business” philosophy that so many business owners operate under
- What it means to have “pretty financials”
- The benefits of paying taxes as a business owner — and the biggest misconception around tax-paying that entrepreneurs have
- Why so many of Tuesday’s clients struggle to come up with financial goals and why it’s often so hard for them to accept that it’s okay for them to make more money (instead of just “reinvesting” it)
- Why day-to-day impact is the biggest measurement of success in Tuesday’s business
- More about Tuesday’s program that helps train women in Africa about the basics of business and accounting in the U.S.
- The habits that Tuesday has integrated into her daily life to keep up with everything she has going on
Resources Mentioned in This Episode: