Episode 395: “How much revenue should you have for your business in reserves before you start investing in other assets?”

Today’s episode was recorded in the MOBE Film Studio in Kuala Lumpur, Malaysia with Diamond Mastermind partner, Dale Bundy, who lives in California in America. Dale wants to know how to determine how much of your business revenue should be set aside for operating reserves, before you begin to invest in other business assets.

I talk about Bill Gate’s philosophy on this topic; as well as my own personal practice.

I discuss finding ways to invest in other business assets that can not only compliment your current business; but also can stand on their own financially, in the unforeseen circumstance that something happened to your business.

I share some details about an exciting new venture that is in the works for MOBE.

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