My dad used to tell me this.
Took me almost 30 years to figure it out.
Compare “It takes money to make money” to “Live within your means.”
Spend less than you make. It’s not rocket science.
And it applies to business as much as it does your personal checking account.
You want to make 10% profit? It’s simple. Take 10% of every sale and put it in the Profit Jar. Run your business off the remainder.
Can’t run your business off that much? Now you’ve got a specific problem to solve.
Just like you would your home savings budget.