Join host and Harvard Business School Online Creative Director Chris Linnane as he sits down with HBS faculty to discuss business education in a way that’s both entertaining and insightful. The Parlor Room is your key to breaking down academic theory without sacrificing depth—all while gaining practical takeaways for navigating the business world.
…
continue reading
コンテンツは Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson によって提供されます。エピソード、グラフィック、ポッドキャストの説明を含むすべてのポッドキャスト コンテンツは、Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson またはそのポッドキャスト プラットフォーム パートナーによって直接アップロードされ、提供されます。誰かがあなたの著作物をあなたの許可なく使用していると思われる場合は、ここで概説されているプロセスに従うことができますhttps://ja.player.fm/legal。
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278 - How Much Should You Pay Yourself?
Manage episode 448630161 series 2800693
コンテンツは Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson によって提供されます。エピソード、グラフィック、ポッドキャストの説明を含むすべてのポッドキャスト コンテンツは、Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson またはそのポッドキャスト プラットフォーム パートナーによって直接アップロードされ、提供されます。誰かがあなたの著作物をあなたの許可なく使用していると思われる場合は、ここで概説されているプロセスに従うことができますhttps://ja.player.fm/legal。
In this episode, you'll discover:
- Fully-Loaded Books is the requirement of a Remarkable Business
- How should you ACCOUNT for your Compensation on your books?
- How to arrive at a TRUE Profit and Profit Margin
- Understand the difference between Direct and Indirect costs in your business
- Differentiate between COGS and COSD
- Calculate owner’s discretionary earnings (ODE) or Seller's discretionary earning (SDE)
Episode Highlights
00:49 - The importance of discussing self-compensation which is often overlooked.
02:34 - The necessity of setting up a compensation model that energizes the owner.
04:01 - A look at the "Remarkable Money Metrics" as part of the vital signs and standards for business compensation.
05:09 - The three ways that a business owner gets paid.
08:01 - The importance of understanding business compensation regardless of your current level of knowledge.
12:15 - Scenario 1 - A look at the framework for compensation in a million dollar practice.
24:14 - Scenario 2 - A look at compensation in a $500,000 practice.
28:09 - Scenario 3 - Compensation framework in a $750,000 practice
29:59 - The importance of paying oneself right and using the provided framework to scale business compensation.
Resources Mentioned
Download your copy of the REM Money Metrics here: www.theremarkablepractice.com/podcast-ep278-moneymetrics
To learn more about the REM CEO Program, please visit: http://www.theremarkablepractice.com/rem-ceo
Subscribe to our newest podcast "Build Your Remarkable Practice" here: https://podcasts.apple.com/us/podcast/build-your-remarkable-practice-for-chiropractors/id1734107477
Schedule a Brainstorming call with Dr. Pete
Dr. Stephen’s Book –
The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business
281 つのエピソード
シェア
Manage episode 448630161 series 2800693
コンテンツは Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson によって提供されます。エピソード、グラフィック、ポッドキャストの説明を含むすべてのポッドキャスト コンテンツは、Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson またはそのポッドキャスト プラットフォーム パートナーによって直接アップロードされ、提供されます。誰かがあなたの著作物をあなたの許可なく使用していると思われる場合は、ここで概説されているプロセスに従うことができますhttps://ja.player.fm/legal。
In this episode, you'll discover:
- Fully-Loaded Books is the requirement of a Remarkable Business
- How should you ACCOUNT for your Compensation on your books?
- How to arrive at a TRUE Profit and Profit Margin
- Understand the difference between Direct and Indirect costs in your business
- Differentiate between COGS and COSD
- Calculate owner’s discretionary earnings (ODE) or Seller's discretionary earning (SDE)
Episode Highlights
00:49 - The importance of discussing self-compensation which is often overlooked.
02:34 - The necessity of setting up a compensation model that energizes the owner.
04:01 - A look at the "Remarkable Money Metrics" as part of the vital signs and standards for business compensation.
05:09 - The three ways that a business owner gets paid.
08:01 - The importance of understanding business compensation regardless of your current level of knowledge.
12:15 - Scenario 1 - A look at the framework for compensation in a million dollar practice.
24:14 - Scenario 2 - A look at compensation in a $500,000 practice.
28:09 - Scenario 3 - Compensation framework in a $750,000 practice
29:59 - The importance of paying oneself right and using the provided framework to scale business compensation.
Resources Mentioned
Download your copy of the REM Money Metrics here: www.theremarkablepractice.com/podcast-ep278-moneymetrics
To learn more about the REM CEO Program, please visit: http://www.theremarkablepractice.com/rem-ceo
Subscribe to our newest podcast "Build Your Remarkable Practice" here: https://podcasts.apple.com/us/podcast/build-your-remarkable-practice-for-chiropractors/id1734107477
Schedule a Brainstorming call with Dr. Pete
Dr. Stephen’s Book –
The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business
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The Remarkable CEO for Chiropractorsに似ているもの
Join host and Harvard Business School Online Creative Director Chris Linnane as he sits down with HBS faculty to discuss business education in a way that’s both entertaining and insightful. The Parlor Room is your key to breaking down academic theory without sacrificing depth—all while gaining practical takeaways for navigating the business world.
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continue reading
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continue reading
Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
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continue reading
Each week, Another Bite breaks down the latest and greatest pitches from Shark Tank. It's practical business advice delivered in a fun way. All the substance of an HBR article, but fun. Hosted by Jorie Munroe, Ariel Boswell, and Jon Dick.
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continue reading
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continue reading
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Rachel Cooke is your guide to leadership and communication, helping you craft a workplace environment you can feel good about. She’ll share tips to help you balance your work and personal life, effectively invest your time, and be mindful about where you’re devoting your energy. Let Rachel help you navigate your path to success—however you define it.
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Whatever you lead can only grow when you do. Experience real-life, real-time business and leadership coaching from Dave Ramsey, a successful CEO, popular radio personality, bestselling author, and now the host of The EntreLeadership Podcast. Dave takes your calls and draws on over 30 years of experience as the CEO of Ramsey Solutions to help you overcome the challenges you're facing. More at https://www.ramseysolutions.com/shows/the-entreleadership-podcast.
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Player FMアプリでオフラインにしPlayer FMう！
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