• Business Words Ep 7. - Resources

  • Jan 16 2025
  • Length: 46 mins
  • Podcast

Business Words Ep 7. - Resources

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  • Summary

  • Managing Business Resources: Time, Money, and Energy

    In this episode of Business Words, Maria Chapman and Stephen Duetzmann explore the three essential resources every entrepreneur must balance: time, money, and energy. They share practical strategies for optimizing these resources to achieve business success.

    • Success requires having an abundance of at least two resources
    • When one resource is limited, you need more of the others
    • Strategic planning helps optimize resource allocation
    • Importance of paying yourself as a business owner
    • Smart technology investments can significantly boost productivity
    • Recommended financial allocation: 50% pay, 40% operating expenses, 10% taxes
    • Value of investing in personal development and learning
    • Using AI tools to optimize workflows


    Maria Chapman (Connected Ghostwriting) and Stephen Duetzmann (Side Quest Solutions) share insights from their entrepreneurial journeys.


    New episodes of Business Words are released bi-weekly on all major podcast platforms.

    Tags: business resources, entrepreneurship, time management, financial planning, business strategy
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