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-Introduction to Return on Investment (ROI) for small businesses
-Basic equation for calculating ROI
-Importance of evaluating both monetary and non-monetary returns
-Personal anecdotes from Audrey's finance degree
-Assigning value to learning experiences and connections
-How deep connections contribute to business success
-Encouragement for entrepreneurs to make informed financial decisions
Key Takeaways:
-ROI is a powerful tool for understanding the value of investments.
-Both monetary gains and non-monetary benefits should be considered in ROI calculations.
-Learning experiences and connections are valuable aspects of investments.
-Entrepreneurs should evaluate investments based on their unique goals and circumstances.
Quotes:
-"With awareness, that's when you gain the power and the knowledge to make better decisions."
-"Connections are currency."
-"Understanding your finances is a lifelong skill that empowers you endlessly."
Call to Action:
-Subscribe to the podcast for more insights on financial literacy for small business owners.
-Follow Audrey on social media for additional tips and updates.
Follow Us:
www.thegracefulpenny.com
https://www.instagram.com/gracefulpenny/
-Introduction to Return on Investment (ROI) for small businesses
-Basic equation for calculating ROI
-Importance of evaluating both monetary and non-monetary returns
-Personal anecdotes from Audrey's finance degree
-Assigning value to learning experiences and connections
-How deep connections contribute to business success
-Encouragement for entrepreneurs to make informed financial decisions
Key Takeaways:
-ROI is a powerful tool for understanding the value of investments.
-Both monetary gains and non-monetary benefits should be considered in ROI calculations.
-Learning experiences and connections are valuable aspects of investments.
-Entrepreneurs should evaluate investments based on their unique goals and circumstances.
Quotes:
-"With awareness, that's when you gain the power and the knowledge to make better decisions."
-"Connections are currency."
-"Understanding your finances is a lifelong skill that empowers you endlessly."
Call to Action:
-Subscribe to the podcast for more insights on financial literacy for small business owners.
-Follow Audrey on social media for additional tips and updates.
Follow Us:
www.thegracefulpenny.com
https://www.instagram.com/gracefulpenny/