Lacy Garcia

But the reality is at the end of the day, if you want your company to be around, whether it's self-funded or it's funding your lifestyle or you've got investors, figure out how you are, you know, you are monetizing, you're driving revenue, you're proving out your business model. put more focus and more emphasis on it sooner rather than later.

But the reality is at the end of the day, if you want your company to be around, whether it's self-funded or it's funding your lifestyle or you've got investors, figure out how you are, you know, you are monetizing, you're driving revenue, you're proving out your business model. put more focus and more emphasis on it sooner rather than later.

Because I think startups were not looking to get to profitability. No, you're just getting to a milestone and then you're raising more money and then you're getting to the next milestone. Scale, scale, scale, yeah. I actually think every startup should be thinking about that from day one and making decisions within that because realistically, at the end of the day...

Because I think startups were not looking to get to profitability. No, you're just getting to a milestone and then you're raising more money and then you're getting to the next milestone. Scale, scale, scale, yeah. I actually think every startup should be thinking about that from day one and making decisions within that because realistically, at the end of the day...

You know, that will enable you to make better decisions and not raise unnecessary capital, not spend money on things you shouldn't be spending on and have more measured and more strategic growth. And I think that it doesn't have to be that you need to go out the gates and raise capital You can do it. You can self-fund it.

You know, that will enable you to make better decisions and not raise unnecessary capital, not spend money on things you shouldn't be spending on and have more measured and more strategic growth. And I think that it doesn't have to be that you need to go out the gates and raise capital You can do it. You can self-fund it.

You know, there's other, obviously, I want to get into the kind of other types of funding and the venture-backed debt and these other things that you can do. But I really do think it is something that it's also like a new way to look at it. Like it doesn't have to be that you're institutionally backed. To then turn it into one of the fastest growing companies You're a proof point of that.

You know, there's other, obviously, I want to get into the kind of other types of funding and the venture-backed debt and these other things that you can do. But I really do think it is something that it's also like a new way to look at it. Like it doesn't have to be that you're institutionally backed. To then turn it into one of the fastest growing companies You're a proof point of that.

I mean, I think that the number one thing is most people are burying their heads in the sand a little bit on certain things and they just don't have all the answers. The reality is there's so many smart financial planning strategies efficient tax planning vehicles out there.

I mean, I think that the number one thing is most people are burying their heads in the sand a little bit on certain things and they just don't have all the answers. The reality is there's so many smart financial planning strategies efficient tax planning vehicles out there.

Like, for instance, I say to people who either have education, kind of dreams of their own, or children, it's like, if you're not using a 529 plan, like, you really shouldn't be, right? There's certain things like that, but most people don't know what an HSA is or a health savings account is, but those are, or if you've got money in savings, but it's not in a high-yield savings account.

Like, for instance, I say to people who either have education, kind of dreams of their own, or children, it's like, if you're not using a 529 plan, like, you really shouldn't be, right? There's certain things like that, but most people don't know what an HSA is or a health savings account is, but those are, or if you've got money in savings, but it's not in a high-yield savings account.

So there's some things like that that are just, you don't even realize, right? that you could be growing more money, more tax efficiently, right? There's just money that you're giving up. I mean, I also say down to like people who are in corporate and have a 401k match, if you're not maxing it out, you're just giving up money.

So there's some things like that that are just, you don't even realize, right? that you could be growing more money, more tax efficiently, right? There's just money that you're giving up. I mean, I also say down to like people who are in corporate and have a 401k match, if you're not maxing it out, you're just giving up money.

And I'm one by somebody who didn't max out my 401k in my 20s, but I didn't do it. I didn't realize that. As I said, I told the story of, I didn't realize how important it was because I was more concerned with funding the next thing that I wanted, like in the next six months, the next year. And I'm like, that was really? So there's things like that.

And I'm one by somebody who didn't max out my 401k in my 20s, but I didn't do it. I didn't realize that. As I said, I told the story of, I didn't realize how important it was because I was more concerned with funding the next thing that I wanted, like in the next six months, the next year. And I'm like, that was really? So there's things like that.

But in general, I just think that putting anything off, saying you're going to get to things in six months, You don't save, you don't grow or protect wealth if you put it off. And I think most everybody has some element to something that they're going to get to. And I've done that. It's like, oh, whenever I get through this and that, and then I'll go ahead and I'll finally go set up that 529 plan.

But in general, I just think that putting anything off, saying you're going to get to things in six months, You don't save, you don't grow or protect wealth if you put it off. And I think most everybody has some element to something that they're going to get to. And I've done that. It's like, oh, whenever I get through this and that, and then I'll go ahead and I'll finally go set up that 529 plan.

It took me like an extra three years and it should have enough, right? It's like, I should have done it immediately because I have more money in it today. So that's my number one thing is that anything that's like in the back of your head that you're trying to push down, that you're saying, I want to get to it like next year or this, just go, you know what?

It took me like an extra three years and it should have enough, right? It's like, I should have done it immediately because I have more money in it today. So that's my number one thing is that anything that's like in the back of your head that you're trying to push down, that you're saying, I want to get to it like next year or this, just go, you know what?