👉 Receive a Business Diagnosis for your company. Click on the link and learn more: https://eag.com.br/programa-eag?utm_s... The theme of episode 115 of the Self-Managed Company Podcast is: HOW TO DEFINE THE SALARY OF THE BUSINESS OWNER. Marcelo Germano will teach you THE RIGHT WAY to know how much a successful entrepreneur earns. If you DON'T DO THIS in your company, be careful! You may be making a FINANCIAL MISTAKE... 🎙️ TOPICS OF THIS PODCAST 00:00 - What is pro-labore? 03:00 - Financial success requires discipline 05:00 - I work hard, but my company doesn't make a profit: what should I do? 06:40 - This is financial stupidity! 10:57 - Difference between personal finances and business finances 12:00 - The Marshmallow experiment: how entrepreneurs harm management 17:00 - Is pro labore a cost or an expense? 20:40 - How to calculate a company's profit? 23:24 - What to do with the company's profit? 23:50 - How to distribute dividends in the company? 26:00 - The owner of the company cannot do whatever he wants with the company's money 27:10 - How to define the company owner's salary? 28:00 - I'm earning little with my company: what to do? 30:00 - How to calculate the company's partner's salary? 33:00 - Is profit distribution an expense in the company? 34:30 - Step by step to find out how much an entrepreneur earns 36:00 - Should a company with a loss continue to pay the owner's salary? 38:00 - How to get rich as an entrepreneur? 40:40 - How to reproduce this content? 💬 IMPORTANT PHRASES FROM THIS EPISODE 📌One of the company's goals is to make a profit 📌You can't mix personal accounts with legal accounts. Because many times the company makes a profit, but the owner makes a loss 📌There is no company without financial management 📌As a natural person, anything you buy that depreciates you are not entitled to buy on credit. Anything that appreciates, you can take out a credit 📌The pro-labore is the owner's salary 📌Profit is the difference between all revenues, minus all expenses. The result, if it is negative, is a loss and if it is positive, it is a profit 📌 Pro-labore is an expense and the company must have a profit even with the owner's salary included as an expense 📌 Part of the profit you reinvest in the company and the other part you can distribute as dividends or profit distribution 📌 Distributing dividends every month is a lack of management 📌 It is not possible to distribute dividends if the company has not made a profit 📌 What is the point of doing whatever you want with the company's money and being without a company? 📌 How much does a businessman earn? He earns the pro-labore 📌Your pro-labore cannot harm your profit margin 📌The ideal pro-labore is how much your company can pay the owner of the company and still make a profit 📌The salary of the company's partner must be defined according to the function and the percentage agreed upon for the contribution that each one makes 📌Profit distribution is not an expense 📌If it is not to generate results, there is no point in being an owner! 📌Either you have a cool lifestyle or build wealth. It is not possible to do both. But, if you focus on building wealth, you can have a cool lifestyle 📌You only build wealth with financial management Commander, if you: ☑️Haven't calculated the pro-labore yet; ☑️Take money out of the company to pay personal bills; ☑️Do you think you are earning too little with your company or ☑️Do you want things that you don't deserve to have (yet)? So, you need to redo your company's FINANCIAL MANAGEMENT URGENTLY! EAG can help you with that! The Self-Managed Company Podcast helps you, the owner of a small or medium-sized company, to build a self-managed company! In it, Marcelo Germano and other successful entrepreneurs bring you business management tips every week. Follow other episodes in the Playlist ▶️ • VIRTUES and RESPONSIBILITIES for entrepreneurs... Did you like this video? 👉Like the video 👉Leave your opinion in the comments 👉Share with your friends 👉Click on the bell to receive our next videos on YouTube 👉Subscribe to the Self-Managed Company channel Follow EAG on your networks! 📍Instagram: / self-managedcompany 📍Facebook: / self-managedcompany 📍Telegram: https://t.me/marcelogermano #howmuchdoesanentrepreneurearn #companyownersalary #prolabore #marcelogermano #self-managedcompanypodcast #self-managedcompany