Daily Task: 15 minutes
Distribute yesterday’s blog post or Quickcast. Instructions here.
Project Focus: NOB
This week, we’re giving you a raise.
Yesterday, we set up automated payments from your business to your personal account.
Today, we’re going to set up an increasing wage over time.
Go back to your automated payment system (probably your banking app).
Every quarter, give yourself a raise. Write a larger amount on the postdated payments. How much? 10 percent is a great start. But $50 per check is still good because you’re still going up. Set this up in advance.
Don’t wait until the business is “ready” to pay you more because you’ll always just spend the money on something else.
Tomorrow, we’ll automate the next level of the process: taking dividends and reinvesting them.
You can order the book here: www.simplesix.com
