Summary of David Richter's Profit First for Real Estate Investing

Everest Media

Description

Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 Money is not the root of all evil. I believe the root of most evil is the lack of money. I want to help you get more money so you can start living the good life today and building wealth for tomorrow.
#2 I want to help you get more money so you can start living the good life today and building wealth for tomorrow. This book will teach you how to implement the Profit First system to grow your money and your business. If you are a business owner, you know how important it is to have a plan. I want to help you figure out what that plan looks like and give you the tools to make that happen. Take a breath, memorize these words, and get ready to learn more about money: Profit First. Let’s get started! -> Money is not the root of all evil. The root of most evil is the lack of money.
#3 You're more stressed financially than ever. You work more hours than you ever have. You don't make enough money to support your lifestyle.
#4 You want the money! -> You are more stressed financially than ever. You work more hours than you ever have. You don't make enough money to support your lifestyle.

Sujets

• General officer
• Economics
• Business
• General

Informations

• Publié par: Everest Media LLC
• Date de parution: 18 septembre 2022
• Nombre de lectures: 0
• EAN13: 9798350029239
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

Insights on David Richter's Profit First for Real Estate Investing
Contents Insights from Chapter 1 Insights from Chapter 2 Insights from Chapter 3 Insights from Chapter 4 Insights from Chapter 5 Insights from Chapter 6 Insights from Chapter 7 Insights from Chapter 8 Insights from Chapter 9 Insights from Chapter 10
Insights from Chapter 1

#1

Money is not the root of all evil. I believe the root of most evil is the lack of money. I want to help you get more money so you can start living the good life today and building wealth for tomorrow.

#2

I want to help you get more money so you can start living the good life today and building wealth for tomorrow. This book will teach you how to implement the Profit First system to grow your money and your business. If you are a business owner, you know how important it is to have a plan. I want to help you figure out what that plan looks like and give you the tools to make that happen. Take a breath, memorize these words, and get ready to learn more about money:Profit First. Let’s get started! -> Money is not the root of all evil. The root of most evil is the lack of money.

#3

You're more stressed financially than ever. You work more hours than you ever have. You don't make enough money to support your lifestyle.

#4

You want the money! -> You are more stressed financially than ever. You work more hours than you ever have. You don't make enough money to support your lifestyle.

#5

You should pay yourself first.

#6

You should pay yourself first because you are a business owner and you know how important it is to have a plan.

#7

Pay yourself first because you are a business owner and you know how important it is to have a plan.

#8

Every single month there was a pain point brought up with my business partner because we didn’t pay ourselves consistently or much of anything from our real estate business. When we received a huge tax bill, we finally realized the goal of getting ourselves paid.

#9

As a business owner, you will need to know how to manage money. As a real estate investor, you will need to know how to manage your business. To do this, you must learn how to read a financial statement.

#10

Businesses need to be profitable first, not individuals. You will learn how to stay profitable forever in the next few pages.

#11

Your business needs to be profitable. You need a financial plan. You must understand your financial statements. You have never seen these words before:I am a business owner. I am a real estate investor. I will pay myself first. You are ready to start investing in yourself and your business. -> As a business owner, you must know how to manage money. As a real estate investor, you must know how to manage your business. To do this, you must learn how to read a financial statement.