Debossified With Sterling Valentine | Top Secret Strategies For Undercover Entrepreneurs
About This Show
You are trapped in an artificial construct of corporate control. If you’ve been slaving away earning profits for the machine, but secretly dream of running your own business, then you are an Undercover Entrepreneur, and you are not alone. Your secret mission is to reach your true potential, start your own business, escape the nine to five and become Debossified. Chief Espionage Officer Sterling Valentine broadcasts a new secret transmission from the resistance to Liberation Nation seven days a week. Each daily episode is a highly classified debriefing with a successful business owner to reveal the top secret strategies they discovered in their journey from employee to entrepreneur. You’ll get insider access to Bad Boss Stories, Escape Plans, the action-packed Rapid Fire Round, Social Surveillance, a Quick Quote of The Day, plus tips, tools, techniques, and more, so tune in to the sound of the underground and join the fight for your freedom. You are now part of the movement, so get moving, because it’s time to rise up against the machine and live the life you’ve been dreaming of. Quitting is for winners. Standby for transmission...
Most Recent Episode
Budget Planning Tips Every Entrepreneur Should Know with Financial Expert J.D. Roth
Apr 29 15
Let's face it, budgeting isn't super fun, but you can't deny that a flexible operating budget can make fun happen. When you're a budget-savvy entrepreneur, the financial lows can be much more tolerable.
Today's Decoded will make you a budget-savvy entrepreneur with actionable tips from "accidental finance expert" J.D. Roth.
J.D. learned his lessons through his own mistakes and hardships. He actually took his aches and pains and turned it into a full-time living!
On today's Debossified podcast, J.D. shares with us the ingenious move of basing your budget on the minimal income made in the lowest month in the past twelve months. Example: if $3k was the least you made in a month last year, then you allow yourself a $3k budget for the coming month. With this, you reduce the risk of bottoming out.
Huge Share: J.D. reveals to us the Balanced Money Formula - cut your spending on your needs (ex: transportation, food, housing) below 50% of your take-home pay. Additionally, save 20% of your take-home pay by way of paying off debt or setting dollars aside in a savings account. This leaves you with about 30% to spend on "wants" such as sneakers, electronics, gym equipment, books, etc.
In this episode, J.D. shares:
Preparing for next month's budget using last year's lowest month
The balanced money formula - look at big picture and dollars
Having a cash cushion allows for other risks
Learn what percentage of your income goes to housing
33% of Americans budget covers housing
17% of the average American's budget goes to transportation
If you take care of the big things, then you can take more smaller calculated risks
And much more!