Feras Alhlou explains why founders with $30K monthly revenue still go broke. They spend on new offices, expensive gadgets, and constant dining out instead of keeping costs low and building actual wealth.
You finally hit your stride. Revenue is up. You're making money and maybe some profitability. It's tempting to start rewarding yourself with things that look like success. New office in the nicest part of town, maybe the latest iPhone and MacBook, maybe weekly or every other day dinners that cost more than your first client retainer. I know you want to celebrate and I'm big on celebrating the moment, but the truth is nobody posts on Instagram Frugality is freedom's bodyguard. I mean, I've seen founders making $15,000, $20,000, $30,000 a month, and they still live in constant stress because they scale their lifestyle with their revenue. If you really want to build wealth, spend only what you have.
