What do Mr. Beast and Dame Dash have in common?
Mr. Beast recently revealed on the podcast Diary of a CEO that, despite owning several companies totaling $Billions, he has very little money in the bank.
Dame Dash made headlines recently when he famously got into it with Breakfast Club podcaster Charlemagne tha’ God over how much money Dame had.
What Mr. Beast and Dame Dash have in common is that they pour money back into their businesses-almost to the point of obsession.
This is the entrepreneur’s dilemma, knowing when to pour back into the business, or when to take some for yourself.
When you’re in the arena fighting for your entity to survive and grow, that’s all you can see, and it’s all you come to know.
Michael Gerber wrote in his book the E-Myth, how this can also be a trap.
How do you escape this maze?
I don’t know. I just recognize that it exists.
It affects small businesses as well as big business enterprises like Mr. Beast.
-Monk
1. Personal Finance is a game. But if you haven’t realized this yet, then you’re the one getting played.
2. Because, you’re playing this game already but someone else is profiting (off of you).
3. Your Financial Literacy is the pathway to your Financial Freedom.
So, to the youth, young adults, and the mothers who raise them, Financial Literacy: Monk Says… Learn the Game
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