In episode #584, Eric and Neil explain why spending lavishly on business expenses is worth it. Tune in to hear what you should be spending your money on!

TIME-STAMPED SHOW NOTES:
[00:27] Today’s Topic:  Lavish Business Costs that Are Actually Worth It
[00:38] Masterminds, which can cost $20,000/year, allow you to build great relationships with high caliber people.
[01:22] If you have extra money, fly Business or First Class, because you can meet really interesting people who are valuable to network with.
[02:35] Attend and speak at conferences.
[02:49] “Brain Dates” at conferences allow you to speak to people you normally wouldn’t have the chance to speak with.
[03:20] Even though they are expensive, it’s worth the splurge for the networking.
[03:34] Spend a lot of money on your team.
[03:45] Richard Branson told Neil, “You don’t build a big company without the team; it’s the team that makes the company. Don’t forget to take care of your team members.”
[03:58] Gifts, bonuses, and perks like free lunch keep team morale up.
[04:32] When you invest in your team, they will stick out the hard times.
[05:15] Think about what your core values are and figure out how to help your team better their skills.
[05:53] Consider nice clothes and expensive watches, which gives you the appearance of success and changes the way you are perceived.
[06:22] Neil spent thousands of dollars on clothing and accessories and his business relationships improved.
[07:10] Eric and Neil agree that credit card fees are worth it, because of the benefits and leeway they provide.
[07:30] Spend lavishly on dinners! Take care of your guests and don’t cheap out.
[08:05] That’s it for today!
[08:10] Go to Singlegrain.com/Giveway for a special marketing tool giveaway!

Leave some feedback:
What should we talk about next? Please let us know in the comments below.
Did you enjoy this episode? If so, please leave a short review.

Connect with us:
NeilPatel.com
Quick Sprout
Growth Everywhere
Single Grain
Twitter @neilpatel
Twitter @ericosiu





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In episode #584, Eric and Neil explain why spending lavishly on business expenses is worth it. Tune in to hear what you should be spending your money on! TIME-STAMPED SHOW NOTES: <ul> <li>[00:27] Today’s Topic:  Lavish Business Costs that Are Actually Worth It
</li> <li>[00:38] Masterminds, which can cost $20,000/year, allow you to build great relationships with high caliber people.</li> <li>[01:22] If you have extra money, fly Business or First Class, because you can meet really interesting people who are valuable to network with.</li> <li>[02:35] Attend and speak at conferences.</li> <li>[02:49] “Brain Dates” at conferences allow you to speak to people you normally wouldn’t have the chance to speak with.</li> <li>[03:20] Even though they are expensive, it’s worth the splurge for the networking.</li> <li>[03:34] Spend a lot of money on your team.</li> <li>[03:45] Richard Branson told Neil, “You don’t build a big company without the team; it’s the team that makes the company. Don’t forget to take care of your team members.”</li> <li>[03:58] Gifts, bonuses, and perks like free lunch keep team morale up.</li> <li>[04:32] When you invest in your team, they will stick out the hard times.</li> <li>[05:15] Think about what your core values are and figure out how to help your team better their skills.</li> <li>[05:53] Consider nice clothes and expensive watches, which gives you the appearance of success and changes the way you are perceived.</li> <li>[06:22] Neil spent thousands of dollars on clothing and accessories and his business relationships improved.</li> <li>[07:10] Eric and Neil agree that credit card fees are worth it, because of the benefits and leeway they provide.</li> <li>[07:30] Spend lavishly on dinners! Take care of your guests and don’t cheap out.</li> <li>[08:05] That’s it for today!</li> <li>[08:10] Go to <a href="http://www.singlegrain.com/giveaway">Singlegrain.com/Giveway</a> for a special marketing tool giveaway!</li> </ul> Leave some feedback: <ul> <li>What should we talk about next? Please let us know in the comments below.</li> <li>Did you enjoy this episode? If so, please leave a short review.</li> </ul> Connect with us: <ul> <li><a href="http://neilpatel.com/">NeilPatel.com</a></li> <li><a href="https://www.quicksprout.com/">Quick Sprout</a></li> <li><a href="http://growtheverywhere.com/">Growth Everywhere</a></li> <li><a href="http://www.singlegrain.com/">Single Grain</a></li> <li><a href="https://twitter.com/neilpatel">Twitter @neilpatel</a></li> <li><a href="https://twitter.com/ericosiu">Twitter @ericosiu</a></li> </ul>   Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

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In episode #584, Eric and Neil explain why spending lavishly on business expenses is worth it. Tune in to hear what you should be spending your money on! TIME-STAMPED SHOW NOTES:  [00:27] Today’s Topic:  Lavish Business Costs that Are Actually...

Lavish Business Costs that Are Actually Worth It | Ep. #584

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