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🎙️Pay yourself the RIGHT way! -Sponsored by Flow Digital and Pipedrive!

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PtexGroup

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You want to make an investment, how should you distribute the self money? You're going to show me a check from your business and then tell me, "Yeah, this is what it really is." So, what is the right way? The right way to do it is cut a check to you personally, to your personal account. Now, that's a distribution. Perfectly legit. You're allowed to take a distribution. As far as we're concerned, that's where the relationship ends with this half a million dollars. That's where the relationship ends with your company. Now, from your personal check >> I invest? cut a check to that LLC. Now, if 5 years from now I ask you, "Where did you Where did you invest the half a million dollars?" You have a personal check showing it, right? And you're taking the money out of your company. Take it out personally and then from your personal account, invest it. Don't skip steps. If you skip steps, you're running into problems.