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The ultimate dream: spend a dollar in your business, earn ten dollars on the other side. But calculating business ROI isn't such simple math. Matt and Andrew discuss how they justify making big business purchases and figure out whether or not their large recurring expenses are worth it. How do they know if hired contract work will pay off? How do you put a price tag on things like mental health? And how do you make sure your business can handle a new monthly expense? It's simple, really: Phase 1: Spend Money. Phase 2: ? Phase 3: Profit. Enjoy!
P.S. Like the show? Let us know what topics you'd like us to discuss on the show! Send us a note at matt@moneylab.co
Show Notes
The ultimate dream: spend a dollar in your business, earn ten dollars on the other side. But calculating business ROI isn't such simple math. Matt and Andrew discuss how they justify making big business purchases and figure out whether or not their large recurring expenses are worth it. How do they know if hired contract work will pay off? How do you put a price tag on things like mental health? And how do you make sure your business can handle a new monthly expense? It's simple, really: Phase 1: Spend Money. Phase 2: ? Phase 3: Profit. Enjoy!
P.S. Like the show? Let us know what topics you'd like us to discuss on the show! Send us a note at matt@moneylab.co
Creators and Guests
What is Money Lab?
The Money Lab Podcast with Matt Giovanisci is a lo-fi show where Matt shares his real-world experiences running a successful online education business. With over 20 years of experience building Swim University from the ground up, Matt talks through his strategies, personal insights, and tactics for online entrepreneurs looking to create profitable lifestyle businesses. Each solo episode dives deep into content creation, email marketing, product development, and productivity, backed by his own successes and failures.