Personal Finance as a Founder (# 60)

Jim is joined by Tommy Griffith, Clickminded CEO, and they dive into a subject that is often overlooked: personal finance strategies for founders. Both Jim and Tommy have lived and learned what it's like to balance the different financial approaches you would apply to business finances and personal finances and they share mistakes they've made and tips and tricks they've learned along the way.

Show Notes

Jim is joined by ClickMinded co-founder Tommy Griffith and they dive into a subject that is often overlooked: personal finance strategies for founders. Both Jim and Tommy have lived and learned how difficult it can be to balance the different financial approaches you apply to business finances and personal finances and they share mistakes they've made and tips and tricks they've learned along the way.

TOPICS DISCUSSED IN TODAY’S EPISODE

·      How to approach personal finance as a business owner

·      Betting on yourself vs. Betting on a stable market

·      The benefits and downsides to a high-risk tolerance

·      Is it better to own your own business or work around and get stock options

·      Angel investing: funds or single businesses?

Additional episodes you might enjoy:

• Startup Ideas by Paul Graham (#45)
• Nathan Barry: How to Bootstrap a Company to $30M in a Crowded Market (#41)
• How I Met My Biz Partner and Less Learned Hitting $2M ARR (#44)
• Ryan Hamilton on his Netflix special, touring with Jerry Seinfeld, & how to write a joke (#10)
• How We're Validating Startup Ideas (#51)

Resources:

· Clickminded
· The Psychology of Money
· I Will Teach You to Be Rich
· Jim Huffman website

· Jim's Twitter

· GrowthHit

· The Growth Marketer's Playbook

 

What is The Shopify Growth Show?

What would you do if you were starting today? To help, here are half-baked startup ideas, growth marketing tactics, and stories from founders and creators - including my own journey as a bootstrapped business owner. All of the content is centered around helping founders, creators, and investors starting today.