Daily Success Show with Jamila Payne

I’m a little embarrassed to share this story but I got evicted. I came home from a late day at the office to find a big yellow notice on the door. The fact is, I had the money but instead of paying my rent on time, I made a decision to listen to some bad advice.   I was a recent grad, there was a really big tech boom going on and I was part of a business incubator. All the popular advice for startup entrepreneurs was to reinvest everything and don’t pay yourself. So I did.   Clearly, the jerks giving out that advice had access to their parent’s credit cards, a trust fund, or a sugar daddy bankrolling their dream, none of which I had. So I learned a very big lesson, be careful who you take advice from.   Not paying myself was a problem. It nearly jeopardized my financial future. There were two things that saved me. First, I priced my services really well which means I had big margins.   So even though I wasn’t paying myself, I had enough cushion in my profit margin, the difference between what it cost me and w