Marketing School | Digital Marketing | Online Marketing

In episode #584, Eric and Neil explain why spending lavishly on business expenses is worth it. Tune in to hear what you should be spending your money on! TIME-STAMPED SHOW NOTES: [00:27] Today’s Topic:  Lavish Business Costs that Are Actually Worth It [00:38] Masterminds, which can cost $20,000/year, allow you to build great relationships with high caliber people. [01:22] If you have extra money, fly Business or First Class, because you can meet really interesting people who are valuable to network with. [02:35] Attend and speak at conferences. [02:49] “Brain Dates” at conferences allow you to speak to people you normally wouldn’t have the chance to speak with. [03:20] Even though they are expensive, it’s worth the splurge for the networking. [03:34] Spend a lot of money on your team. [03:45] Richard Branson told Neil, “You don’t build a big company without the team; it’s the team that makes the company. Don’t forget to take care of your team members.” [03:58] Gifts, bonuses, and perks like free l