@lior
Instagram · One Shot
@lior Here are my 9 business & money lessons I learned the hard way ↓ 1️⃣ Reinvest aggressively in the beginning. Early on, every dollar has a job: help the business grow. Keep what you need to live, and put the rest back into the business. 2️⃣ Avoid lifestyle “shiny object syndrome.” Don’t upgrade your lifestyle every time your income grows. Let the business grow faster than your lifestyle. 3️⃣ Choose the people around you carefully. One of my closest friends stole over $100K from our business. Who you build with matters just as much as what you build. 4️⃣ Buy back your time. I use the 70% rule: if someone can do something 70% as well as you, hire them. Your time should move toward the things only you can do. 5️⃣ Pay for great advice. I once paid $30K for a business advisor. It sounded insane at the time. It became one of the best investments I ever made. 6️⃣ Know your numbers. Understand your financials inside out, especially your P&L. You can’t make good decisions if you don’t know what’s actually happening in your business. 7️⃣ Set clear money milestones. A business needs to make money. Set the target, know the number, and stay focused until you hit it. 8️⃣ Money isn’t the goal. Freedom is. Money gives you choices. It lets you take care of the people you love, buy back your time, and decide what you want to build next. 9️⃣ If you’re making money just to retire, you probably won’t make it. The people who really succeed are addicted to the game. Money was never the goal. Building is. I sold my company for $92M at 28. I’m 31 now. And I’m still building. These aren’t rules or financial advice. Just lessons from my own journey. Follow for more lessons from my journey.
