Ep 141 Do What You Love, Make More, Work Less with Paul Maskill

Do What You Love, Make More, Work Less

Becoming an entrepreneur can provide the freedom and money to live an abundant life. However, most business owners get stuck in running the business instead of creating a business that runs itself.

Take away: Systematize your business so you can work less and make more.

Action step: Get started on delegating one thing.

Money Learnings: Schools don’t teach us about money. Paul grew up in a blue collar family and everyone around them worked for the auto industry. His father ran a flooring business.

Bio: Paul Maskill started his first business in 2011. He was soon working 60-80 hours a week with a business that couldn’t survive without him. So Paul started systematizing everything while empowering a team to run the business better than he could. Before he knew it his revenue doubled to almost $500k while the number of hours he worked dropped below 40. Paul then sold his business for 3x net profit. He’s now back into business ownership with 3 local businesses while also coaching overwhelmed business owners who are hungry to uncover the income and freedom they always knew was possible.

Highlights from this episode:

The power of compounding.
Teaching money lessons to a 3 year old.
Paul’s exit from corporate America.
How to get your work done in half a day.
Paul’s first business.
Make more work less.
Get out of the way!
Know the numbers of your business.
Profit First
The struggles of small business.
Learning to systematize your business.
Listener question from Caleb.
How to screen potential employees.
Build the culture that you desire.
How to create systems.
Focus on your why.

https://www.paulmaskill.com/

Facebook: https://www.facebook.com/BusinessFreedomFormula/

Link: https://buildingabetterculture.com/

Richer Soul Life Beyond Money. You got rich, now what? Let’s talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let’s figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It’s about personal freedom!

Thanks for listening!

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Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

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