Many business owners keep track of their costs and sales in their head. But what if your numbers are just a little off? By setting up the proper accounting materials I realized I was only charging 95% of my cost!
By letting my ego lead my business I nearly killed it. You can learn more about this lesson and others I have picked up on my way to building a successful business.
I have two goals:
- Become financially smart so my family is taken care of.
- Share my lessons - especially the painful ones - so that other people can learn from my mistakes.
I'm not offering anything for sale. I'm not a guru. I'm just a guy in the trenches that is willing to let you know about the problems I face and solutions I come up with.
I believe in giving back and offering a hand up. I am hopeful that our children won't have to suffer financially the way we have because they'll be raised with a better understanding of finance, business and how to build - and keep - wealth.
If this sounds like something you are interested in, you can start with my most valuable lesson so far: accounting matters.