Side Hustle Teachers

Last week I shared my system for tracking income and expenses, but knowing where your money is coming from, and where it’s going to, is only part of the process. Most likely - if you’re like the vast majority of business owners - when you start to track your income and expenses you’ll likely notice that very little of your income (if any) is going to you! That’s what today is all about. What’s Profit? I’ve mentioned before that in my first month of blogging I made $2.11, but what I didn’t share was that, as excited as I was about it, I didn’t actually get that money. I left it in my blog accounts and “reinvested” it.  Of course, since we’re talking about just a couple bucks, that’s no big deal, right? Sure. But what if I told you I continued to reinvest everything I made the first year of my blog?  Essentially, though I made a couple thousand dollars, I didn’t actually make anything… Not one penny got put into my family’s accounts. This story is incredibly common for new business owners of all kinds - and not