Wednesday, August 23, 2006

Dehydrated Milk

Mary McPhail recently had a post that I'm going to call "Pay Yourself First (not!)" -- that I agree with. It's about how the "Make Mine a Million" newsletter for women entrepeneurs came with the advice that you "pay yourself first." Now I didn't read the newsletter, but here are my thoughts:

Basically, you have to invest in your business as much as possible in
the beginning, with the hope/plan that it will start to pay back sooner
rather than later. My symbol for this -- dehydrated milk. My mother
fed us dehydrated milk for years growing up to save money -- but by the
time we hit highschool and college, they were making enough to pay for
private school tuitions. Feed the business, then hopefully it will feed

Gotta go wake the baby up!