Managing Business Resources: Time, Money, and Energy

In this episode of Business Words, Maria Chapman and Stephen Duetzmann explore the three essential resources every entrepreneur must balance: time, money, and energy. They share practical strategies for optimizing these resources to achieve business success.

• Success requires having an abundance of at least two resources
• When one resource is limited, you need more of the others
• Strategic planning helps optimize resource allocation
• Importance of paying yourself as a business owner

• Smart technology investments can significantly boost productivity
• Recommended financial allocation: 50% pay, 40% operating expenses, 10% taxes
• Value of investing in personal development and learning
• Using AI tools to optimize workflows

Maria Chapman (Connected Ghostwriting) and Stephen Duetzmann (Side Quest Solutions) share insights from their entrepreneurial journeys.

New episodes of Business Words are released bi-weekly on all major podcast platforms.

Tags: business resources, entrepreneurship, time management, financial planning, business strategy

In this episode, Maria and Stephen explore the word 'culmination'.

They discuss personal experiences with project completions, the varying definitions of culmination, and the importance of reflection at year-end.

Licensor's Username: https://pixabay.com/users/top-flow-28521292/ Licensee: shduetzmann Audio File Title: Sunshine Whistle Audio File URL: https://pixabay.com/music/rock-sunshine-whistle-175139/

Maria Chapman and Stephen Duetzmann are joined by Allison Field CPC, ELI-MP (Certified Professional Coach, Energy Leadership Index Master Practitioner).

Together, they explore the concept of energy and its profound impact on business and personal development.

They discuss the seven levels of energy, self-awareness, and how to approach challenges in the workplace.

Links:

https://connectedghostwriting.com/

https://sidequestsolutions.org/

https://allisonfield.com/

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