EPISODE E6.008 Update Retained Earnings Distribution

RESULTS RADIO..."Let's Grow Together"

Introduction
Hope everyone is looking forward to a great week. We have a few announcements to make about growth of the IBGR Network. 

First, we are doubling the number of new and returning visitors to the site. July was twice June’s numbers and we beat July’s numbers over the weekend.

Second, with the addition of Gambia on Sunday, IBGR is now heard by entrepreneurs in 100 countries. That is 51% of all the countries on the planet. 

Third, we have declared war on Covid19. That is not on the disease itself, just a worse variant of the flu. Our declaration is aimed at those politicians and bureaucrats that are making arbitrary, non-science based decisions on economic activity. People with no skin in the game, collecting checks from our taxes are deciding which business lives or dies. If you do your own research, a stark reality will become apparent - what is happening in your country is not based on science - it is based on power and control.

Check these articles out as reference points:

• Sweden Hits COVID-19 "Triple Whammy": No Lockdowns, Low Deaths & Minimal Economic Damage
• Lockdown Restrictions Are A Test To See How Much Tyranny Americans Will Accept
• THE TRUTH ABOUT COVID19 - DON'T LET THE BUREAUCRATS AND POLITICIANS GIVE YOU A LINE OF BULL.

Put all of this together and we are your advocates against the forces of statism and command economies. We understand entrepreneurs are a different breed that don’t live by the leave of others - why? Because everyone at and associated with the station are entrepreneurs. We are building a network of ideas, insights, and tools that will help you navigate the pandemic and beyond.

JOIN our Community and Let’s Grow Together!
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Show Objectives - The Why
This is hard to do in the generic - not having the financials to make the call. So this show will talk in general terms but the point is clear - how do you free up as much money as possible without leaving the company broke.

Key Issues - Owner Perspective:

1. Just how far can I go before putting everything into jeopardy?
2. What external options do I have?
3. This is a total budget for reinvention and marketing.

What You Need to Know - The What

• ​EPISODE E5.005 IMPROVE PROFITABILITY FROM RETAINED EARNINGS INVESTMENTS
• EPISODE A3.008 BUILDING THE TOTAL FINANCIAL PICTURE OF THE BUSINESS
• EPISODE A6.008 RETAINED EARNINGS DIVIDEND PAYMENTS TO OWNER
• EPISODE B5.007 SELL NOW OR PREPARE FOR REINVENTION

​What You Need to Do​​ - The How

1. Reinvention Pool - how much is available from the Investment Slice of the Pie?
2. Increase your salary and skip your dividend payment until Stage VI is completed. Also stop all distributions except COH (Cash On Hand).
3. What is your credit situation - how much free-board do you have between credit limit and amount borrowed?
4. Estimate amount of additional funds available if all investment accounts minimized to minimums?
5. Set up a meeting with your banker to discuss the situation and see how much help you can expect if needed?
   1. Critical metric: cost of borrowing vs lost opportunity from closing accounts.
6. Create a budget - not just for the reinvention Project, include the first phase of the Marketing Campaign to sell the new 'offer' beyond the test account.
   1. Without outside financing (without investments)
   2. Without outside financing with investments
   3. With outside financing

Shows

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