Profiting through Prudence The Art of Spending Less in Business
July 7, 2023
In this episode of The Shankar Poncelet Podcast, the hosts discuss the art of spending less in business and share strategies for maximizing profits through prudence. They explore the importance of managing expenses, avoiding unnecessary investments, and utilizing existing resources for success. Join them as they offer practical tips and insights for financial stability in entrepreneurship.
On this episode of The Shankar Poncelet Podcast, titled 'Profiting through Prudence: The Art of Spending Less in Business,' Shankar Poncelet, Antréa Ferguson, and Shanee Moret discuss the importance of prudence in spending, especially in the early years of business. They emphasize that while expenses may increase as a business grows, it is crucial to avoid unnecessary costs and invest strategically.
The hosts share their own experiences and provide practical tips, such as utilizing existing tools and technology, managing subscriptions, and assessing the usefulness of various services. They also explore the idea of offering services at a specific price point to cover overhead expenses and start making a profit.
Throughout the episode, the hosts engage with the audience, address questions and comments, and highlight the significance of community building, live interactions, and investing in assets. They draw inspiration from Robert Kiyosaki's teachings on assets and liabilities, encouraging listeners to prioritize building assets for long-term success.
This informative and engaging episode also features insights from other speakers on the stage and invites listeners to participate in upcoming events and opportunities. Whether you're a seasoned business owner or just starting out, this episode provides valuable guidance on how to spend wisely and maximize profitability. Join Shankar Poncelet and his co-hosts on The Shankar Poncelet Podcast as they explore the art of spending less in business."
The hosts share their own experiences and provide practical tips, such as utilizing existing tools and technology, managing subscriptions, and assessing the usefulness of various services. They also explore the idea of offering services at a specific price point to cover overhead expenses and start making a profit.
Throughout the episode, the hosts engage with the audience, address questions and comments, and highlight the significance of community building, live interactions, and investing in assets. They draw inspiration from Robert Kiyosaki's teachings on assets and liabilities, encouraging listeners to prioritize building assets for long-term success.
This informative and engaging episode also features insights from other speakers on the stage and invites listeners to participate in upcoming events and opportunities. Whether you're a seasoned business owner or just starting out, this episode provides valuable guidance on how to spend wisely and maximize profitability. Join Shankar Poncelet and his co-hosts on The Shankar Poncelet Podcast as they explore the art of spending less in business."