“It is so vital for you all to know that in order for your business to be a legitimate business, in order for it to grow and prosper, you are going to have to spend money.”

 

This week on the Fierce as F*ck Podcast, our discussion will revolve around answering the question, “Why is investing money an important part of growing and expanding my business?”

 

If you’re an entrepreneur and the proud owner of your own business, particularly a startup company, who just jumped into the entrepreneur world, you’d be pretty reluctant to spend on things that you deem unnecessary. Therefore, having that can-do mentality is a common occurrence. You end up doing everything and anything that your business requires even if you don’t have to. The reason behind this usually has nothing to do with an abundance of your time or surplus of your expertise, but more about your refusal to delegate tasks because you want to have as much of a profit as possible.  

 

A change in perspective is in order. I’m telling you now that first, you need to let go of your fear of losing control. I get that spending your hard-earned money is scary, but once you get past that and realize that spending more will only mean good things for your business, you won’t be as hard-pressed to invest. 

 

Bottomline is, every dollar you spend on meaningful investments will yield exponential dividends for your business in the long run. 

If you enjoyed this episode, take a screenshot of the episode to post in your stories and tag me!

 

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