When it comes to bank accounts, bigger is better, right?
Chris Cooper says "no!"
Don't misunderstand: He's not saying you should spend every dime you make. But if your go-to financial strategy is to squirrel away every dollar into your business' bank account, you're actually limiting your earning potential.
Coop explains it all in this sprint episode of Two-Brain Radio.
Links:
AGuard
Beyond the Whiteboard
Gym Owners United
Timeline:
1:11 – Hoarding too much money is wasteful.
2:21 – Your safety net doesn’t need to be that big.
4:06 – How much cushion you really need.
6:03 – Don’t let insecurity drive your financial plan.
7:13 – Examine where that insecurity comes from.