Too many entrepreneurs get stuck on the business treadmill, hustling nonstop, unable to scale, and unknowingly stalling their growth. That’s where Dave Ramsey began. After crashing into $3 million in debt, he rebuilt from scratch, turning a small radio program into a national show with millions of listeners. With over three decades of experience in entrepreneurship, business growth, and content creation, he knows what it takes to build a lasting business. In this episode, Dave reveals the six drivers of long-term success, the five key stages of startup growth, and how he balances life as an entrepreneur and a content creator. In this episode, Hala and Dave will discuss: (00:00) Introduction (00:23) The Core Principles of Financial Freedom (05:42) Adapting to Change as a Content Creator (09:22) Balancing Content Creation and Entrepreneurship (12:34) How to Create a Clear Path in Business (15:19) The Truth About Starting a Business Today (18:22) The Six Drivers of Business Success (26:20) Shifting From Tactical to Strategic Thinking (29:44) The Five Stages of Business Growth (41:10) Leading with Care, Clarity, and Accountability (47:10) Identifying the Right Leadership Skills (48:35) Starting a Media Business as an Entrepreneur Dave Ramsey is a personal finance expert, radio personality, bestselling author, and the founder and CEO of Ramsey Solutions. Over the past three decades, he has built a legacy of helping millions achieve financial freedom. As the host of The Ramsey Show , Dave reaches more than 18 million listeners each week. He is the author of eight national bestselling books. His latest, Build a Business You Love , helps entrepreneurs navigate growth and overcome challenges at every stage. Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify OpenPhone: Streamline and scale your customer communications with OpenPhone. Get 20% off your first 6 months at openphone.com/profiting Airbnb - Find yourself a co-host at airbnb.com/host Indeed - Get a $75 sponsored job credit at indeed.com/profiting RobinHood - Receive your 3% boost on annual IRA contributions, sign up at robinhood.com/gold Factor - Get 50% off your first box plus free shipping at factormeals.com/factorpodcast Rakuten - Save while shopping at rakuten.com Microsoft Teams - Stop paying for tools. Get everything you need, for free at aka.ms/profiting LinkedIn Marketing Solutions - Get a $100 credit on your next campaign at linkedin.com/profiting Resources Mentioned: Dave’s Book, Build a Business You Love: bit.ly/BuildaBusinessYouLove Dave’s Website: ramseysolutions.com Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap Youtube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Side Hustle, Passive Income, Online Business, Solopreneur, Networking.…
NFIB, the leading advocacy group for Small Business, brings on experts to discuss and analyze current issues that directly affect small businesses across the nation.
NFIB, the leading advocacy group for Small Business, brings on experts to discuss and analyze current issues that directly affect small businesses across the nation.
This tax season, small business owners discuss how they use the savings from the 20% Small Business Tax Deduction to invest in their business, employees, and community. NFIB members Kellie Loudin and Tim Corbitt discuss specific ways they use deduction savings and why it is crucial for Congress to make the deduction permanent to prevent a massive tax hike. U.S. Representative Mike Kelly (PA-16) is a member of U.S. House Ways and Means Committee and gives his perspective on small business policies in Congress as a small business owner, expectations for the tax bill, and the importance of small business owners getting involved and staying engaged. Find Line 13 on your IRS form 1040. See state-specific reports on benefits of the 20% Small Business Tax Deduction. Send a message to urge your elected officials to make the deduction permanent. To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
NFIB member Michael Ervin, owner of Coal River Coffee Co. in West Virginia discusses the role of the 20% Small Business Tax Deduction in his small business a what a massive tax hike would mean for his business and employees. U.S. Representative Carol Miller (WV-01) explains her legislative priorities including her view on the Small Business Deduction, and NFIB Vice President of Federal Government Relations Jeff Brabant provides legislative updates on small business issues in Congress. To help support small businesses in your community, please take a moment to reach out to your lawmakers in Congress and urge them to make the 20% Small Business Tax Deduction permanent before it expires this year. Get the latest information and resources on the 20% Small Business Tax Deduction. To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
NFIB member and small business owner Aileen Band, located in Daytona Beach Shores, Florida, describes how her small business recovered from being hit by two hurricanes in 2022. California’s NFIB State Director John Kabateck and Florida’s NFIB State Executive Director Bill Herrle give details on the ways NFIB connects small business owners with relevant information and ensures the voice of small business is part of the state’s natural disaster response and recovery. Together, they also discuss the resilience of small businesses fighting through the recent wildfires in California and hurricanes in Florida, and the ways small businesses give back to their communities during devastating times. Find more rebuilding resources for small businesses affected by recent wildfires in California. Learn more about Florida news, advocacy efforts and resources. To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
This bonus episode focuses on federal beneficial ownership information (BOI) reporting requirements. Executive Director and Vice President of the NFIB Small Business Legal Center Beth Milito and Vice President of NFIB Federal Government Relations Jeff Brabant explain the latest on this unconstitutional federal mandate, NFIB’s lawsuit to stop it, and the details of a victory for 32 million small businesses. Take action and urge Congress to fully repeal the reporting requirement Learn more on NFIB’s website Get information directly from the Financial Crimes Enforcement Network website Send questions to info@nfib.org To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
NFIB member Marcie Strouse, U.S. Representative and NFIB member Kevin Hern, and NFIB’s Principal of Federal Government Relations Josselin Castillo discuss the health insurance affordability crisis for small business. Marcie sheds light on the challenges small business owners face offering health insurance to their employees, Rep. Hern provides information on key legislation in Congress, and Castillo explains small businesses’ top priorities in health care policy. Take Action: Tell Congress to increase health care choices and lower costs for small businesses. Learn more: “Addressing the Health Insurance Affordability Crisis for Small Businesses” policy paper. To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
While attending NFIB’s Small Business Deduction Summit, small business owners Tim Boeve, Derrick Roberts, James Tyson, and Angela Zuba discuss what the 20% Small Business Tax Deduction has enabled their businesses to do, and what would happen if Congress allows it to expire this year causing a massive tax hike. During the Summit, attendees met with members of Congress, shared how they use the deduction, and discussed the urgency to make it permanent. NFIB Vice President of Federal Government Relations Jeff Brabant explained the impact of small business owners sharing their stories directly with their elected officials and discussed updates on legislation that would stop the massive tax hike, known as the Main Street Tax Certainty Act. You can help amplify and reinforce their message with lawmakers by sending your own personalized story on issues that affect your small business. To learn more, go to SmallBusinessDeduction.com.…
A recent survey provided an in-depth look at the vital role small businesses play in their communities. NFIB member and small business owner Brian Funtleyder and NFIB Research Center Executive Director Holly Wade discuss ways small businesses contribute to their communities and NFIB’s recent survey findings. Hear the ways in which small businesses across the nation, including Brian’s are giving back to their communities and some of the ways pro-small business policies help make that possible. Urge Congress to make the 20% Small Business Tax Deduction permanent before it expires at the end of the year. Read the full research repor t on small businesses’ contributions to their communities. Urge Congress to repeal the Corporate Transparency Act and relieve small businesses of its beneficial ownership information reporting requirements. To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
A federal small business registry deadline, known as beneficial ownership information reporting, was set to take effect on January 1, but an NFIB lawsuit against it has put that deadline on hold. NFIB member Michael Murray, U.S. Representative Warren Davidson, and the NFIB Small Business Legal Center’s Vice President and Executive Director Beth Milito discuss the latest updates on the law, its impact on small businesses, and efforts to stop it. TAKE ACTION: Send an email message to your lawmakers in Washington in support of the Repealing Big Brother Overreach Act . To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
NFIB President Brad Close and Vice President of Federal Government Relations Jeff Brabant discuss NFIB members’ top small business policy priorities for the next two years with a new Congress and incoming Presidential Administration. They provide details on the current state of small business in America, legislative priorities, and expectations for the first months of the 119th Congress. TAKE ACTION: Sign NFIB’s petition to make the 20% Small Business Deduction permanent before it expires at the end of the year. Urge Congress to fully repeal the beneficial ownership reporting requirement. Urge Congress to inject competition into the credit card market and bring down swipe fees . Find more issues that matter to your small business and share your story . To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
The path to pro-small business laws and regulation starts with electing candidates who support pro-small business policies. U.S. Representative-elect Mark Messmer (IN-08), and Missouri’s Governor-elect Mike Kehoe – both small business owners and NFIB members – join this episode to discuss why they decided to run for office, why it’s important to have small business owners as lawmakers, and their small business-focused policy priorities. Learn more about the effort to stop a massive tax hike on small businesses Sign NFIB’s petition to make the 20% Small Business Tax Deduction permanent. Learn more about running for office as a small business owner. To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
Find out what the recent election results mean for small businesses from experts Tim Goodrich, NFIB’s Vice President of State Government Relations, and Sharon Sussin, NFIB’s Senior National Political Director. They discuss the impact when small business owners run for office and take on roles in state government, and they provide insight into ballot measures and the policy outlook in states across the nation. Resources: Get candidate resources and learn more about running for office Find ways to get involved in your state To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
NFIB’s research shows a labor shortage continues to be an issue, with small business owners reporting little success filling their many job openings. NFIB members Jesus Arriola and Brandi Pine own small businesses in the staffing industry and discuss best practices and challenges in hiring. They highlight how they have diversified the ways they recruit, the reasons they have noticed businesses struggling to find skilled workers, and tips employers can keep in mind when trying to recruit and retain employees. TAKE ACTION: Make your voice heard on labor and workforce issues such as workplace regulations , and hiring or working as an independent contractor . More information: NFIB Research Center releases a monthly Small Business Economic Trends report with more information on labor shortages and small business uncertainty. To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
NFIB Research Center Executive Director Holly Wade explains the findings of a new survey including what small businesses are saying about their biggest tax challenges, how tax policy impacts them, and how they would be affected by the loss of the 20% Small Business Tax Deduction. Also hear directly from several small business owners as they discuss how the end of the Small Business Deduction would affect their business, employees, and community. Learn more about the 2024 NFIB Tax Survey . TAKE ACTION : Join the fight with over 95,000 others by signing NFIB’s petition urging Congress to make the Small Business Deduction permanent before it expires at the end of 2025. Stay up-to-date on the latest in the fight to make the 20% Small Business Deduction permanent. To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
Political experts join the Small Business Rundown ahead of Election Day with the inside scoop on the races that matter most to small businesses. Hear from National Political Analyst Jim Ellis and NFIB Senior National Political Director Sharon Sussin about the key battleground races, surprise races that could decide the majority, and issues to keep an eye on as results come in Nov. 5. Take Action: Join over 80,000 small business owners by signing NFIB’s petition for Congressional action to make the 20% Small Business Tax Deduction permanent before it expires in 2025. Voter information and resources can be found on NFIB’s Elections center. To submit your questions, please email podcast@nfib.org .…
A deep dive into a new report by EY explains the positive economic impact if Congress protects small businesses from a massive tax hike, and four small employers detail how the 20% Small Business Tax Deduction empowers their small businesses. Hear from Holly Wade, Executive Director of NFIB’s Research Center, Brandon Pizzola, a partner with the Quantitative Economics and Statistics Practice at EY, and small business owners from California, Massachusetts, Nebraska, and West Virginia. NFIB’s top federal advocacy priority is stopping a massive tax hike on nine out of 10 small businesses by making the 20% Small Business Tax Deduction permanent. Customize an email to your U.S. Senators and Representatives to amplify this effort. Find out if your small business qualifies for the deduction. Stay up to date on the latest Small Business Deduction news . To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org .…
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