The Greg McAfee Show

TGMS EP 28 (PT2) : Reduce Debt, Reduce Stress


Listen Later

In today’s episode I talk about being debt free, reducing debt and running a debt free business. I have been in debt; and I have leveraged millions of dollars in the past. I talk about the number one reason most businesses fail is from debt problems. If you’re going to run a debt free business, you need to know the true cost of delivering your product. Be very clear where your money is going. Develop and use an operating budget as a decision-making tool. Always know your financial condition and situation. Consistency measure revenue, gross profit, and cash, I get those numbers every day because it’s that important to me. I sleep better at night because I have money in the bank, I have created my own line of credit, and even pay myself interest.

...more
View all episodesView all episodes
Download on the App Store

The Greg McAfee ShowBy Greg McAfee

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

10 ratings


More shows like The Greg McAfee Show

View all
The EntreLeadership Podcast by Ramsey Network

The EntreLeadership Podcast

4,427 Listeners

REAL AF with Andy Frisella by Andy Frisella

REAL AF with Andy Frisella

32,865 Listeners

The Contractor Fight with Tom Reber by Tom Reber

The Contractor Fight with Tom Reber

406 Listeners

The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

The Home Service Expert Podcast

729 Listeners

Service Business Mastery for Skilled Trades: HVAC, Plumbing & Electrical Home Service by Skilled Trades Syndicate - Tersh Blissett and Josh Crouch

Service Business Mastery for Skilled Trades: HVAC, Plumbing & Electrical Home Service

91 Listeners

The Tucker Carlson Show by Tucker Carlson Network

The Tucker Carlson Show

17,050 Listeners