When Should You Take a Salary | Episode 095
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Description
Cody and Jake were asked, "At which point should you take a salary at your agency?" which brings up a good point... when should you?The answer to this question has a lot of variables, especially if you're dealing with multiple owners of that agency.How much recurring profit is coming into the agency? Are you using the Profit First system? How are you forecasting?Although a salary leads to increased stability in your personal life, it often leads to inflexibility and instability in the business during the early stages.----------------------------------If there's anything we've learned about owning a digital agency, it's that your online security is #1. After facing a Facebook hack with the hacker spending $30,000 on our ads account in a matter of 2 days, we've partnered up with Aura to monitor our online presence and secure our accounts.Secure yourself and your agency while supporting the podcast by running a scan of your personal information for free when you sign up for a free 14-day trial at aura.com/everbros (aura.com/everbros).You can also get up to 50% off security and monitoring plans with the same link after your trial expires!----------------------------------⭐⭐⭐⭐⭐As always, if you enjoyed this episode or this podcast in general and want to leave us a review or rating, head over to Apple and let us know what you like! It helps us get found and motivates us to keep producing this free content.----------------------------------Want to connect with us? Reach out to us on the everbrospodcast.com (everbrspodcast.com) website or connect with Jake on socials:* Twitter/X: @HundleyJake (https://twitter.com/HundleyJake)* LinkedIn: linkedin.com/in/jake-hundley/ (https://www.linkedin.com/in/jake-hundley/)* Facebook: facebook.com/jake.hundley.1 (https://www.facebook.com/jake.hundley.1/)* Instagram: instagram.com/jakehundley/ (https://www.instagram.com/jakehundley/)* Reddit: u/JakeHundley (https://www.reddit.com/user/JakeHundley)
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