Dave Ramsey
speaker
393,039 appearances
950 recordings
12 series
first heard Jan 2022
last heard 3d ago
Dave Ramsey’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 179 in all, peaking in Jul 2026 with 34.
Appearances
Correct.
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Okay, so you buy something for $5,000 and you're selling it for $12,000.
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Correct.
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Okay.
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So when you sell it for 12, obviously you don't take 12 home.
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You've got to put five back out there to do it again.
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Yes.
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That's your minimum.
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Okay.
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And then you can look at it and say, if I want to go a little bit more, do I want to go seven?
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and increase my, you know, increase my inventory.
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As long as I'm making a profit on the inventory every time, we can have a gradual thing to increase the inventory.
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What I've always done and what I've recommended to small business owners is to use a percentage.
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And say, okay, I made $7,000 of profit.
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20% would be $1,400.
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30% would be $2,100.
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So if we said something like, I'm going to take 30% of my profits plus my cost of goods sold.
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In other words, you take $12,000 minus the five plus 30% of your profit would be another two.
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You follow me?
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Yes.
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Showing 1301–1320 of 393,039 · page 66 of 19652
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