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This episode explores financial management strategies tailored for physical therapy practice owners, highlighting how behavioral finance principles can lead to more sustainable and profitable practices. Dr. Stephanie Weyrauch speaks with Craig Dacy and shares actionable insights on building cash reserves, setting equitable owner compensation, and fostering a long-term profitability mindset—key considerations especially relevant in a landscape of changing reimbursement policies. In this episode: · How practice owners can implement the Profit First system to improve cash flow and profitability · Strategies for paying PT owners and team members competitively while maintaining business health · The importance of behavioral finance and habit formation in managing healthcare business finances · Building cash cushions to buffer the impact of delayed insurance reimbursements · Transitioning from solo to multi-location practice: financial and strategic shifts · Insights on hiring and retaining staff in a competitive employment market, including creative compensation models · Special considerations for insurance-based PT practices and handling delayed payments · The role of long-term thinking in promoting lifelong patient engagement with physical therapy · Craig's journey to authoring a book tailored to physical therapists on financial management Timestamps: 00:00 - Introduction and host introduction to Craig Dacy 00:14 - Craig's background and link with Ramsey Solutions 01:05 - Transition from teaching to financial coaching, motivated by personal debt freedom 02:04 - Connecting personal finances with managing a healthcare practice 02:26 - The link between physical therapy and finance, and the need for early financial education 03:22 - Why focus on physical therapists and their unique financial challenges 03:57 - Short-term engagement models and their impact on PT practice finances 04:37 - Promoting lifelong physical therapy and long-term patient relationships 05:05 - Expanding services and revenue streams beyond injury-based care 06:01 - Overcoming scarcity mindset in insurance-reliant practices 06:35 - Owner compensation strategies and making practices more sustainable 07:18 - Implementing profit-based accounting to manage personal and business finances 08:36 - The role of budgeting and behavioral finance in practice management 09:57 - The Envelope system adapted for business accounts 10:23 - Building a practice on a lean budget and avoiding debt 11:04 - Managing delayed insurance payments and cash flow buffers 12:02 - Percentage-based budgeting and cash cushion strategies 12:47 - Tailoring Profit First principles for healthcare settings 13:31 - Different financial strategies for growing practices 14:01 - Prioritizing payroll and managing equipment expenses 14:38 - Challenges of hiring in a competitive market and offering competitive salaries 15:06 - How to determine sustainable compensation—percentages and alternative pay models 15:56 - Profit sharing and creating ownership culture for employee retention 16:50 - Boosting practice profitability through mindset shifts 17:31 - The importance of profit in business health and longevity 18:30 - Transitioning from solo to multi-location practices and financial planning 19:19 - Growth phases and financial shifts at different revenue levels 20:48 - Proactive planning to fund expansion and staffing 21:20 - Behavioral changes needed for practice profitability and culture 22:07 - How profitability benefits the team, patients, and business sustainability 23:04 - Making profit a priority by shifting financial behaviors 24:18 - Small habits for long-lasting financial health—starting with just 1% into profit 25:00 - Speaking at Web PT's Ascend conference, and the growth mindset around money 26:20 - Craig's journey to writing a book for PTs on financial systems 27:53 - Inspiration behind the book and the process of writing 29:22 - Advice to younger self: embrace authenticity and risk-taking 30:18 - Connecting with Craig and upcoming resources for practice owners 31:23 - Final tips: opening a profit account and celebrating profitability 32:05 - Closing remarks and encouragement to adopt financial habits Resources & Links: · Profit First by Mike Michalowicz · pf4pt.com — Book landing page and pre-order info · Dacy Coaching — Practice financial consulting Connect with Craig: · Website · Schedule a coaching session · Craig on Instagram · Craig on LinkedIn · Craig on YouTube More About Craig Dacy: Craig Dacy, owner of DACY Financial Coaching, has helped hundreds of small businesses, with a focus on Physical Therapists, find confidence and clarity in their finances. After spending over a decade as an educator, Craig combines his knack for small business and love for teaching to help make the overly complicated concept of business finances incredibly simple to understand. Craig lives in Austin, TX with his wife and 2 kids. When he's not spending time with his family, he can be found reliving "the good old days" as the lead singer and bass player for his 90s cover band, Zoodust. Jane Sponsorship Information: Book a one-on-one demo here Mention the code LITZY1MO for a free month Follow Dr. Karen Litzy on Social Media: Karen's Instagram Karen's LinkedIn Subscribe to Healthy, Wealthy & Smart: YouTube Website Apple Podcast Spotify SoundCloud Stitcher iHeart Radio
We have a special episode for you today! A few weeks ago, Dr. Sabrina was invited to a webinar in the Pumpkin Planners Rock Facebook Group to consider this important question: “Is your business killing your relationship?” We've found that this topic resonates deeply with small business owners everywhere, because we all fear that our commitment to our work is taking over our lives, killing our marriages, and damaging our relationships with loved ones. We are bringing you this webinar to increase understanding about entrepreneurial burnout and to prevent your business from becoming the uninvited third party in your relationships. If you want to show up fully present in your most important relationships, this episode is for YOU. It could change your life!Donna Leyens is the president and co-founder of Pumpkin Plan Your Biz. She is on a mission to save small businesses from extinction by providing tools, strategies, training, and support to business professionals who want to make a big impact as small business growth strategists. This mighty team of strategists uses The Pumpkin Plan Action Guide, a business growth program Donna developed based on the methods in the book, The Pumpkin Plan, written by her co-founder, Mike Michalowicz. Pumpkin Plan Strategists help small businesses not just stay afloat but also scale and grow in both profitability and size, while giving the owner time for life and relationships. Profit by Design is a Tap the Potential production. Show Highlights:The mission of the Pumpkin Plan programThe early warning signs that your business is damaging your relationshipThe trap: Being physically present and mentally “checked out” with our familiesHow to know when your business is taking up way too much of your mental spaceYou're not a bad person if you're a burned-out entrepreneur! (Our Better Business, Better Life Assessment is the only tool that measures burnout in entrepreneurs and the health of their businesses.)Burnout: A combination of all the small things and stressors we absorb (Listen to the cold, hard facts that our research has shown.)Dr. Sabrina's story (Listen to learn why this mission is a personal one.)Entrepreneurs are disconnected at home. Why?We need to value our time differently. (Are you working on $10,000 an hour activities? Download your chart now!)Are your team members working from their strengths?What are the $10,000 an hour activities in your relationships? Nothing else matters!Action steps to start today: Recognize that limits drive innovation and creativity, completely turn off your phone in the evenings and on weekends (Do you need a “Work supports life” sticker?), and ask your loved ones what would be going on if your relationship were at a “10.” Resources:Take the Better Business, Better Life Assessment to identify what may be keeping you stuck and killing your relationships!
You didn't start your business to stay stuck. If you're ready to finally hit 6 or 7 figures WITHOUT burning out — book a call with our team → https://weddingproceo.com/application In this episode, I'm breaking down the one AI skill that has to come before any prompt, tool, or automation. Most wedding pros are building on a broken foundation, which is why their AI content sounds generic and nothing like them. I'll show you how to build your foundation file so AI finally sounds like you and saves you the hours everyone keeps promising. The (FREE!)ASSUME Sales Training: 2x your wedding bookings in 30 days—step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorgA favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFwAnother favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3ITKLb4 ========================= EPISODE SHOW NOTES BLOG & MORE:https://www.weddingproceo.com/341=========================Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs! PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swdHave a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZoqPmzHeads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase—at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with.=========================Support the show
En este episodio reflexionamos sobre una pregunta incómoda para muchos dueños de negocio: ¿por qué se fue esa persona que más valor aportaba a tu empresa? Hablamos de cómo la salida de un buen empleado no siempre tiene que ver con sueldo o falta de compromiso, sino con la falta de estructura, liderazgo, crecimiento, claridad y reconocimiento dentro del negocio. Una reflexión para dejar de ver la renuncia como "traición" y empezar a preguntarte qué necesita cambiar en tu empresa para que el talento bueno quiera quedarse, crecer y construir contigo. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
Want to know exactly how much you need to sell to hit your profit goal? In this episode, we use a simple formula and your Profit & Loss statement to reverse engineer your sales target and build a more profitable business.
David Richter is the author of Profit First for Real Estate Investors and founder of Simple CFO, a company built to help real estate investors get control of their cash flow, pay themselves consistently, and stop living deal to deal. He spent nearly a decade inside a real estate business that scaled to 25 wholesale deals a month, where he eventually took the finance seat, only to discover they were spending more than they were making — and that nearly everyone around them was in the same boat.In this featured episode, David joins Jason Lucchesi on the No Flipping Excuses show to walk through the exact financial foundation every investor needs from their first deal forward. From the Golden Trio bank accounts to finding your keep number to what clean financials actually look like to a lender, this conversation gives real estate investors a clear, no-excuse starting point for building a profitable business.This is a practical, straight-talk episode for investors at every stage — whether you're still waiting on deal one or you're ten years in and still chasing your tail. If you've ever wondered where your money goes after a deal closes, or why more deals aren't translating to more personal wealth, this is the episode that answers it.David's core message is simple: real estate is the vehicle, but money is the game. And most investors don't know the rules. This conversation gives you the foundation to start playing it right.Episode Highlights[0:26] – David teases the episode: $25 deals a month while going broke, the Golden Trio accounts, and the keep number framework[1:13] – Jason Lucchesi opens the No Flipping Excuses interview and introduces David Richter[3:16] – David's origin story: started in real estate at 19 after reading Rich Dad Poor Dad, joined a team doing 5 wholesale deals a month and helped scale it to 800+ total deals[4:35] – How David ended up in the finance seat with zero accounting background, and what he learned sitting down with the CPA to understand profit, loss, and cash flow[5:14] – The wake-up call: doing $25 deals a month but spending $26 worth out the door — and realizing at masterminds that this was an industry-wide problem[7:07] – Why Gary Harper's recommendation of Profit First hit David so hard, and how it led him to partner with Mike Michalowicz on a real estate-specific edition[9:31] – Why the classic "pay yourself first" advice from Rich Dad and The Richest Man in Babylon always stopped short — and what Profit First does differently[12:09] – The #1 mistake most investors make: the single "black hole" account where all money comes in and disappears, with every decision based solely on the balance[13:52] – Introducing the Golden Trio: profit, owner's comp, and owner's tax accounts — and why even 1% into each is enough to start breaking the deal-to-deal cycle[15:31] – Why Relay Bank partnered with Profit First and how to open up to 20 accounts for free to implement the system right now[21:23] – How to figure out realistic starting percentages, why 1% beats 0%, and when to begin ramping toward the recommended targets based on your revenue range[24:10] – The lender advantage: why having clean, structured financials and visible reserves makes you far more attractive for financing on rentals and portfolio growth[26:35] – Role play: two investors walk into a bank — one sloppy, one Profit First-style — and what actually happens in underwriting[29:49] – Finding your keep number: how one investor lost $70,000 in 2019, found his number, and realized he only needed five deals in 2020 to hit his goal[35:10] – David's two book recommendations: Crucial Conversations (for life, marriage, and leadership) and Fix This Next by Mike Michalowicz (for diagnosing your business stage)5 Key TakeawaysThe single bank account is the root problem. Most investors run their entire business out of one account and make every spending decision based on the balance. Splitting into multiple named accounts creates instant clarity about what money is yours, what belongs to taxes, and what's actually available to invest.Start with the Golden Trio, not a perfect system. Profit, owner's comp, and owner's tax accounts are the three that matter most first. Even putting 1% into each from every deal builds the habit and keeps you from sending everything out the back end of your business.The Hope and Pray plan is not a strategy. Hoping a deal closes before payroll is due isn't business management, it's survival mode. Knowing your keep number — the actual monthly amount you need to take home — replaces hope with a real target and changes how you size deals, marketing spend, and growth.More deals don't fix a broken system. Scaling a business that loses money on cash flow just creates bigger losses at higher volume. Getting the financial foundation right at five deals a month means you're actually building something — not just generating more chaos with more zeros.Clean financials make you a better borrower. Lenders look at reserves, structure, and cash management. Investors running Profit First-style accounts with visible cash buffers get better terms, faster approvals, and more lender interest than operators with sloppy books, regardless of how many deals they've closed.Links & ResourcesProfit First for Real Estate Investors (free copy) — https://www.simplecfo.com/giftSimple CFO (book, podcast, and discovery call) — https://www.simplecfo.comRelay Bank (Profit First-friendly banking, up to 20 free accounts) — https://www.relay.comProfit First by Mike Michalowicz — available on Audible and AmazonCrucial Conversations by Kerry Patterson et al. — available on Audible and AmazonFix This Next by Mike Michalowicz — available on Audible and AmazonRich Dad Poor Dad by Robert Kiyosaki — referenced by David as the book that started it allClosing RemarkIf this episode gave you a clearer picture of what your finances should actually look like, share it with an investor friend who's still running everything through one account. The Golden Trio is a simple starting point anyone can implement this week, and it might be the most impactful hour they spend on their business all year. Subscribe, review, and share the show — and if you're ready to get your numbers dialed in, visit https://www.simplecfo.com to book your free discovery call today.
En este episodio hablamos de la paternidad consciente y de cómo criar hijos plenos no se trata de buscar la perfección, sino de estar presentes con intención, amor y responsabilidad. Descubrirás por qué muchos padres viven intentando "hacerlo todo bien", cuando lo más importante es construir una relación basada en conexión, escucha y ejemplo. Una conversación para reflexionar sobre la forma en que acompañamos a nuestros hijos, cómo equilibrar la vida personal, familiar y profesional, y cómo dejar de perseguir hijos perfectos para formar seres humanos seguros, plenos y auténticos. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
You didn't start your business to stay stuck. If you're ready to finally hit 6 or 7 figures WITHOUT burning out — book a call with our team → https://weddingproceo.com/application You're buried in repetitive work and drowning in A.I. hype that promises a hack will save you 10 hours. It won't, because A.I. is not the strategy. In this episode I pull back the curtain on how we use A.I. employees inside our own wedding businesses to handle onboarding, follow-ups, sales tracking, and content, so your business runs lighter while you sleep. If you've felt behind on A.I., this is the foundational breakdown that finally makes it make sense for wedding pros.The (FREE!)ASSUME Sales Training: 2x your wedding bookings in 30 days—step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorg A favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFwAnother favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3ITKLb4========================= EPISODE SHOW NOTES BLOG & MORE:https://weddingproceo.com/ai-for-wedding-business/========================= Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs!PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swd Have a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZoqPmzHeads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase—at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with.=========================Join the Beyond Prompts Boot Camp here!!! Beyond Prompts Bootcamp: Learn AI to Run Your Wedding Business Better (June 23–25)Support the show
En este episodio reflexionamos sobre una parte de la paternidad de la que pocas veces se habla: la presión de querer estar presente, proveer, guiar y al mismo tiempo sostener todas las responsabilidades del negocio y la vida. Hablamos de cómo muchos padres viven entre la culpa, el cansancio y la exigencia de "poder con todo", sin detenerse a reconocer lo que también necesitan como personas. Una reflexión para mirar la paternidad con más honestidad, entender que estar presente no significa ser perfecto, y recordar que también se puede construir una vida donde la familia, el negocio y el bienestar personal tengan espacio. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
What if the problem isn't your business? What if the problem is that you're trying to force yourself into a life you no longer want? In this episode, we have an honest conversation about something most business owners never talk about: what happens when you hate being a business owner. Some people are struggling because they simply haven't figured out their numbers yet. They love being a business owner but need to understand their Profit & Loss, pricing, debt, cash flow, and profitability. Others hate every aspect of business ownership. They hate sales. They hate marketing. They hate managing people. They hate the pressure and responsibility. Those are two completely different situations. The question is: Which bucket are you in? Today we're talking about how to know the difference and what to do next.
En este episodio hablamos del flujo de efectivo como una herramienta clave para tomar mejores decisiones dentro del negocio. Descubrirás por qué no basta con vender más o revisar el saldo de la cuenta, sino entender cuándo entra el dinero, cuándo sale y cómo anticiparte a los momentos de presión financiera. Una conversación para dejar de manejar tus finanzas "a ciegas" y empezar a usar tu flujo de efectivo como un GPS que te muestra hacia dónde va tu empresa y qué ajustes necesitas hacer para avanzar con más claridad. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
You didn't start your business to stay stuck. If you're ready to finally hit 6 or 7 figures WITHOUT burning out — book a call with our team → https://weddingproceo.com/applicationI have spent 20 years in the wedding industry, and since launching Wedding Pro CEO in 2020 I have helped hundreds of wedding pros build profitable, scalable businesses. The single biggest shift I am seeing right now is not about better prompts. In this episode, I break down the difference between using AI as a tool and using it as an operating system, introduce the four AI agents every wedding pro should build first, and show you exactly where to start so you can stop being the bottleneck in your own business. If you are tired of doing everything yourself, this one is for you. The (FREE!)ASSUME Sales Training: 2x your wedding bookings in 30 days—step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorg A favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFw Another favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3ITKLb4========================= EPISODE SHOW NOTES BLOG & MORE:https://weddingproceo.com/ai-agents-wedding-business/=========================Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs!PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swdHave a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZoqPmz Heads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase—at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with.=========================Join the Beyond Prompts Boot Camp here!!! Beyond Prompts Bootcamp: Learn AI to Run Your Wedding Business Better (June 23–25)Support the show
Most independent practice owners know the practice and their personal life are supposed to be separate. Separate entities, separate accounts, separate tax returns. Almost none of them have built the structural separation that makes that true when things get hard. EP185 covers the three systems that explain why one bad quarter in the practice becomes a personal financial event, and the firewall that stops it. System 1 — The Entanglement: No formal salary. No distribution schedule. Whatever is left in the business account goes home with the owner. In a good month: $40,000. Mortgage, 529, investment contribution. In a bad month: $14,000, covered with personal savings. The savings account does not come back as fast as the practice does. System 2 — The Bad Quarter Multiplier: The cascade that runs from a billing disruption straight through to the owner's personal financial decisions. Collections drop. Distribution skipped. Mortgage still goes out. Investment contribution paused. Operational decisions made under financial stress — delay the hire, pull back on marketing, hold off on the software upgrade that would have fixed the billing gap that caused the problem. That practice is always one bad quarter away from making decisions a wealthier version of itself would never make. The Cascade in Numbers: Payer delays 45+ days → Operating account drops → Owner stops paying themselves first Denial rate spikes 5% to 14% → $28K/month delayed or lost → Personal savings tapped for household bills Key provider unexpected leave → Volume drops 30% → No distribution for 60 days Contract renegotiation stalls → 90 days cash flow uncertainty → Investment contributions paused indefinitely System 3 — The Firewall: A market-rate owner salary that does not move with revenue. A distribution schedule tied to net profit after a defined reserve threshold. Personal savings that build independent of what the practice has on hand. In a bad quarter: the salary still goes out, the distribution pauses, and the operational decisions come from strategy instead of personal financial pressure. Referenced: Profit First by Mike Michalowicz — the formula flip that makes the firewall mechanical. Three actions this week: Calculate your real owner salary — what you would pay someone else to do your job Define your operating reserve threshold — one month of payroll minimum, two months standard Schedule a financial separation review with your accountant — ask what a 30% revenue drop does to your personal finances Episode breakdown: 00:00 The $380K practice that one quarter turns 03:00 The big idea: revenue is not wealth 06:00 System 1: The Entanglement 10:30 Working vs. broken — the same practice, two outcomes 13:30 System 2: The Bad Quarter Multiplier 17:00 The cascade and what it actually costs 20:00 System 3: The Firewall 24:30 Profit First applied to a medical practice 27:00 Three actions this week 31:00 Free resource + EP185 tease Resources Mentioned Payment Posting Audit Checklist (free): eligibility.natrevmd.com/payment-posting-checklist Practice Revenue Leak Scorecard (free): eligibility.natrevmd.com/nrm-revenue-scorecard-v3 Book a free 30-minute audit call: calendly.com/heather-natrevmd RECOVER Diagnostic Quiz: natrevmd.com/quiz Book referenced: Profit First by Mike Michalowicz
En este episodio reflexionamos sobre una de las frustraciones más comunes de los dueños de negocio: vender, cobrar, generar movimiento… pero seguir sin entender a dónde se va el dinero. Hablamos de cómo la falta de claridad financiera puede hacer que el negocio parezca estar creciendo, aunque en realidad siga operando con desorden, fugas y decisiones tomadas desde la urgencia. Una reflexión para empezar a mirar tus números con más conciencia, identificar qué está pasando con tu flujo de efectivo y dejar de sentir que el dinero entra, sale… y nunca se queda. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
En este episodio reflexionamos sobre una de las frustraciones más comunes de los dueños de negocio: vender, cobrar, generar movimiento… pero seguir sin entender a dónde se va el dinero. Hablamos de cómo la falta de claridad financiera puede hacer que el negocio parezca estar creciendo, aunque en realidad siga operando con desorden, fugas y decisiones tomadas desde la urgencia. Una reflexión para empezar a mirar tus números con más conciencia, identificar qué está pasando con tu flujo de efectivo y dejar de sentir que el dinero entra, sale… y nunca se queda. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
Most business owners are busy. The question is: are they actually successful? In this episode, we talk about one of the biggest traps small business owners fall into—confusing activity with progress. Just because you're working long hours, running from job to job, and staying busy every day doesn't mean your business is growing or becoming more profitable. We discuss the difference between working IN your business versus working ON your business, why so many owners avoid looking at their numbers, and how failing to carve out time for planning keeps them stuck in the same cycle year after year. You'll learn why protecting time to review your business, improve systems, develop your team, and understand your Profit & Loss report may be the most important work you do all week. If you're tired of spinning your wheels and ready to build a more profitable business, this episode is for you. ----------------------------- DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS
En este episodio hablamos de cómo el crecimiento de un negocio puede empezar a ocupar espacios que antes pertenecían a la pareja, la familia y la conexión personal. Descubrirás por qué muchos dueños de negocio terminan emocionalmente agotados, presentes en la empresa pero ausentes en casa, y cómo empezar a recuperar el equilibrio sin sentir que estás descuidando tu negocio. Una conversación para reflexionar sobre los límites, las prioridades y la importancia de construir una empresa que no se coma tu relación, sino que también le dé espacio a tu vida. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
Target Market Insights: Multifamily Real Estate Marketing Tips
Marcy Sagel is the founder and principal of MSA Interiors, a commercial interior design firm specializing in multifamily housing, student housing, senior living, affordable housing, and other complex commercial projects. With over 30 years of industry experience, Marcy has built a reputation for creating innovative, functional spaces that align with her clients' strategic and financial goals. She also co-founded Designer Bank, an online education platform that teaches design skills, space planning, software, and product knowledge to developers, investors, and aspiring designers. Make sure to download our free guide, 7 Questions Every Passive Investor Should Ask, here. Key Takeaways Audit your top ten competitors before making a single design decision Prioritize closet space, in-unit laundry, lighting, and cabinetry in unit renovations Full-size stackable washers and dryers outperform compact units in resident satisfaction Furniture layout planning, including TV placement and door positioning, directly affects rentability Looking high-end and being expensive are not the same thing Cheap materials that fail early cost more over time than durable materials installed once Differentiate from the competition rather than replicate it Topics What Residents Actually Want in a Unit Walk-in or large closets are now a baseline expectation, not a premium feature In-unit full-size stackable laundry is the preferred standard for most unit types Updated lighting, countertops, and kitchen cabinetry signal value to prospective residents Common Design Mistakes in Multifamily Layouts are not evaluated for furniture placement before construction or renovation TV placement and couch space are often afterthought considerations Excessive interior doors fragment rooms and reduce usable wall space Simple layout adjustments, such as moving a door 12 inches, can unlock meaningfully higher rents How to Stand Out Against the Competition List every competitor, their amenities, finishes, unit quality, and rents before setting a design direction Identify what the market is missing, then build toward that gap Boutique, differentiated spaces lease faster than properties that blend in Marcy cites a university-area project where a speakeasy-style hangout space and boutique design drove strong lease-up against large institutional competitors Looking Premium Without Overspending A $1.50 tile can look high-end with the right design approach Affordable housing projects should look as good as the budget allows, not be deliberately toned down Cheap, low-durability materials often require costly mid-cycle replacements that eliminate any initial savings Work with established vendors who can offer warranties and guarantee product longevity Designer Bank: Design Education for Developers Designer Bank is an online platform offering modules on Revit, rendering, space planning, lighting, flooring, and tile Modules are taught by industry practitioners with deep product knowledge Targeted at developers, investors, and anyone who wants to make better-informed design decisions
You didn't start your business to stay stuck. If you're ready to finally hit 6 or 7 figures WITHOUT burning out — book a call with our team → https://weddingproceo.com/applicationIn this episode, I'm breaking down the biggest shift I've seen in our industry in 20 years. Right now AI is optional for wedding pros. In two years it'll be the floor. I'm sharing exactly what that shift looks like, why most wedding pros aren't ready, and the one high-ROI task you can start today to get hours back in your week. The (FREE!)ASSUME Sales Training: 2x your wedding bookings in 30 days—step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorgA favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFwAnother favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3ITKLb4========================= EPISODE SHOW NOTES BLOG & MORE:https://weddingproceo.com/ai-wedding-industry-pros-not-ready/=========================Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs!PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swdHave a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZoqPmzHeads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase—at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with.=========================Join the Beyond Prompts Boot Camp here!!! Beyond Prompts Bootcamp: Learn AI to Run Your Wedding Business Better (June 23–25)Support the show
En este episodio hablamos de una realidad que viven muchos emprendedores: mientras el negocio crece, la relación de pareja comienza a deteriorarse. El éxito profesional puede tener un costo muy alto cuando el tiempo, la atención y la energía se alejan de las personas que más importan. Reflexionamos sobre cómo encontrar un equilibrio más saludable entre empresa y familia, y por qué construir un negocio exitoso no debería significar sacrificar la conexión, el amor y la cercanía con tu pareja. Un capítulo para quienes buscan crecer sin perder lo que realmente da sentido al éxito. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.).
En este episodio hablamos de administración del tiempo y de cómo muchos dueños de negocio podrían recuperar hasta 20 horas a la semana eliminando distracciones, desorden y tareas que no deberían depender de ellos. Descubrirás estrategias prácticas para organizar mejor tus prioridades, enfocarte en actividades de alto valor y dejar de vivir atrapado en la urgencia, creando más espacio para el crecimiento, tu vida personal y lo verdaderamente importante. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.).
You didn't start your business to stay stuck. If you're ready to finally hit 6 or 7 figures WITHOUT burning out — book a call with our team → https://weddingproceo.com/application This week I went undercover and secret shopped a wedding DJ to expose exactly why so many wedding pros are losing sales before they ever get on a consult, and the answer has nothing to do with pricing. I'm walking you through every friction point I hit, from the bloated contact form to the consultation that left me more confused than when I started, plus the five fixes that will turn your leads into booked weddings. If you've been getting plenty of inquiries but not enough contracts, this episode is the wake-up call your business needs. The (FREE!)ASSUME Sales Training: 2x your wedding bookings in 30 days—step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorgA favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFwAnother favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3ITKLb4========================= EPISODE SHOW NOTES BLOG & MORE:https://weddingproceo.com/secret-shopped-wedding-vendor/=========================Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs!PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swdHave a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZoqPmzHeads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase—at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with.=========================Take the Wedding Pro CEO's free GAP assessmentSupport the show
20 years ago, Bo Burlingham gave a name to a feeling a lot of business owners had struggled to articulate. In his book Small Giants, Bo profiled companies that had chosen not to chase growth at all costs. Most were bootstrapped, owner-operated businesses that cared less about getting big than about building something enduring, meaningful, and excellent. They weren't anti-growth. They just wanted growth to be intentional. And for many owners who read the book, the reaction was immediate: “I thought I was the only one who felt this way.” Out of that recognition grew a community—and eventually an organization—led in large part by Paul Spiegelman, whose own company embodied the Small Giants philosophy. With Bo's encouragement, Paul launched the Small Giants organization 15 years ago to connect owners trying to build great companies without sacrificing culture, independence, or quality of life.At our recent 21 Hats Live gathering in Cincinnati, we explored where that movement goes next in a Brainstorm session with Jean Moncrieff, who took over leadership of the Small Giants organization last year. Jean—who's from South Africa, lives in Zurich, but is moving to the U.S.—brings both momentum and candor to the role. He recently led his first Small Giants Summit in Detroit, which attendees—including me—praised for its renewed energy and sense of purpose. He's also the author of a terrific new book, Finding Freedom: The Business Owner's Guide to Building a Valuable Company and a Meaningful Life. But as you'll hear, Jean recognizes there are challenges ahead.What exactly is Small Giants today? Who is it for? What makes it different from the many other organizations competing for the attention of business owners? Does it need a more formal set of principles—or even an operating system—to help companies put its philosophy into practice? Can it stay true to its founding mission while also attracting businesses large enough to support its events and programs? Ultimately, the conversation arrives at a tension at the heart of the enterprise: Can the Small Giants organization itself become a sustainable, profitable business without losing the values it was created to protect? In other words, can Small Giants become a true small giant?Show Notes:The organizations discussed in this episode include: The Great Game of Business, the Tugboat Institute, and EOS Worldwide.The books discussed in this episode include: Finding Freedom by Jean Moncrieff, Small Giants by Bo Burlingham, Another Way by Dave Whorton with Bo Burlingham, The Great Game of Business by Jack Stack and Bo Burlingham, The Power of Mattering by Zach Mercurio, and Profit First by Mike Michalowicz.The businesses discussed in this episode include: Smiley Technologies, ITR Economics, Zingerman's Community of Businesses, Text-Em-All, Tasty Catering, Venturity, ImageOne, and Atomic Object.
En este episodio hablamos de las 3 trampas mortales de tu agenda que están consumiendo tu tiempo, tu energía y tu capacidad de crecer como líder. Muchas veces no es falta de horas, sino una mala gestión de prioridades y hábitos que te mantienen ocupado, pero no enfocado. Descubrirás cómo identificar esas trampas, recuperar control sobre tu tiempo y construir una agenda alineada con lo verdaderamente importante, para dejar de vivir reaccionando y empezar a liderar con intención y claridad. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
In this episode of the Profit First for Real Estate Investors podcast, host David Richter sits down in person with Mike Michalowicz — author of Profit First — for the fourth episode in their series together. This conversation takes a deeper look at identity and the mindset shifts that separate investors who build lasting wealth from those who stay stuck on the hamster wheel.Mike introduces a powerful reframe: stop thinking of yourself as a business owner or entrepreneur and start thinking of yourself as a shareholder in your own company. He explains why that identity shift changes everything — from how you manage profit to how you make decisions — and why most people will never experience financial freedom until they first achieve financial independence.The conversation also covers the guilt-free joy of spending profit you've actually earned, the emerging concept of out-loud budgeting, and why profit has to come first if any other goal — freedom, flexibility, impact — is ever going to be possible.If you've ever felt like you're building a business but not actually benefiting from it, this episode is the mindset reset you need.Episode Highlights[0:31] – Why financial freedom starts with financial foundation[1:04] – Mike's children's book My Money Bunnies and why it secretly teaches adults[1:42] – The biggest challenge for real estate investors: being good at the deal but not the business[2:27] – Why great salespeople often fail as sales managers — and what that means for entrepreneurs[3:06] – Stop calling yourself a business owner — call yourself a shareholder instead[3:42] – What shareholders actually do: share in profit, take risk, give strategic direction[4:05] – Why the identity shift from entrepreneur to shareholder changes how you behave[4:39] – The pink vest story: how a physical object helps bifurcate the roles[5:48] – The Alter Ego Effect and how elite athletes use identity triggers to perform[6:30] – How to use space, objects, or mnemonics to enter your shareholder role[7:04] – Mike's bracelet and the "Eradicate Entrepreneurial Poverty" mission behind it[8:03] – Why your primary identity label determines your primary outcomes[9:11] – The corporate edict that every small business should follow: care for the shareholder[10:15] – Why setting up a for-profit business and putting profit last is a contradiction[10:57] – How profit fuels purpose — and why being profitable lets you do more good[11:35] – The survey Mike runs at speaking events: why financial freedom is the number one reason people start businesses[12:08] – Why personal freedom and impact are impossible without financial freedom first[12:39] – What Simple CFO focuses on in the first 30 to 60 days: laying the financial foundation[12:56] – The $10 ice cream story and why guilt-free spending is the highest form of joy[13:31] – Why it's not the thing you buy — it's the freedom you have once you've acquired it[14:13] – How expectations around big deals set investors up for disappointment[15:06] – Why income level doesn't determine happiness — money management does[15:45] – Financial freedom vs. financial independence: why one is a moving target and one isn't[16:17] – How financial independence means you control money — not the other way around[17:12] – How Profit First delivers control and confidence over your cash[18:20] – Introducing out-loud budgeting: saying the truth about your finances instead of making excuses[19:16] – Why being public about your budget doesn't invite judgment — it invites solutions[20:07] – The closing challenge: start seeing yourself as a shareholder in your own business today5 Key TakeawaysCall yourself a shareholder — not a business owner. That single identity shift changes how you relate to profit, how you make decisions, and whether you actually take money home from the business you built.Financial independence beats financial freedom. Freedom is a moving target. Independence — where you control money and it doesn't control you — is achievable at any income level and is where real confidence begins.Guilt-free spending is the highest form of joy. It's not the thing you buy that brings joy. It's whether you have the financial freedom to enjoy it without debt or stress hanging over it.The three reasons people start businesses — financial freedom, personal freedom, and impact — all require profit as the foundation. None of them are achievable without it.Out-loud budgeting builds confidence. Saying the truth about your financial situation — to yourself and others — removes the shame, opens conversations, and forces you to confront what actually needs to change.Links & ResourcesGuest: Mike MichalowiczBooks: Profit First, The Money Habit, My Money Bunnies — available wherever books are soldHost: David RichterCompany: Simple CFO — simplecfo.comTopics discussed: Shareholder identity, financial independence, financial freedom, Profit First, out-loud budgeting, guilt-free spending, entrepreneurial mindset, purpose-driven businessClosing RemarkIf you're running a for-profit business but treating profit like an afterthought, this episode is your wake-up call. Mike Michalowicz and David Richter lay out exactly why the identity shift from entrepreneur to shareholder is the foundation everything else is built on — and why financial independence isn't just a nice-to-have, it's the only way to achieve the freedom and impact you got into business for in the first place.Subscribe, review, and share this episode. And if you're ready to put real financial systems in place, visit simplecfo.com to schedule your free discovery call today.
En este episodio exploramos una pregunta profunda: ¿es lo mismo felicidad que plenitud? Analizamos qué podemos concluir sobre estos conceptos desde una perspectiva científica, filosófica y espiritual, y por qué muchas personas persiguen felicidad momentánea mientras sienten un vacío constante. Hablamos de cómo construir una vida más plena, alineada y consciente, entendiendo que el verdadero bienestar va mucho más allá de emociones pasajeras o logros externos. Un capítulo para reflexionar sobre el éxito, el propósito y el sentido real de la vida. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
You didn't start your business to stay stuck. If you're ready to finally hit 6 or 7 figures WITHOUT burning out — book a call with our team → https://weddingproceo.com/applicationIn this episode, I'm breaking down a real-life case study from one of my students who was convinced she needed more leads to grow, when in reality, her funnel was leaking revenue at every stage. I'll walk you through the exact Three Lever Framework we use inside Wedding Pro CEO to diagnose where your bookings are actually being lost, and how to double your revenue without spending another dollar on marketing. The (FREE!)ASSUME Sales Training: 2x your wedding bookings in 30 days—step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorgA favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFwAnother favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3ITKLb4 ========================= EPISODE SHOW NOTES BLOG & MORE:https://weddingproceo.com/double-wedding-bookings-funnel/=========================Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs! PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swdHave a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZoqPmzHeads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase—at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with. =========================Take the Wedding Pro CEO's free GAP assessmentSupport the show
En este episodio reflexionamos sobre la ilusión de creer que la felicidad llegará cuando cumplamos todos nuestros deseos. Muchas veces perseguimos metas, dinero o reconocimiento pensando que ahí encontraremos plenitud, solo para descubrir que la satisfacción es momentánea. Hablamos de cómo romper con ese espejismo y empezar a construir una felicidad más profunda y consciente, basada no solo en lo que logramos, sino en quiénes somos, cómo vivimos y qué sentido le damos a nuestra vida y a nuestro camino empresarial. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
The How of Business - How to start, run & grow a small business.
Identify what to fix next in your small business and build consistent profitability using the Profit First methodology. Show Notes Page: https://www.thehowofbusiness.com/r322-mike-michalowicz/ Many small business owners stay trapped in survival mode because they don't know what to fix next in their business. They work long hours, constantly fight fires, grow revenue, and still struggle to achieve predictable profitability. In this episode, Henry Lopez talks with entrepreneur and bestselling author Mike Michalowicz about how business owners can identify the right priorities, stop spinning their wheels, and build a more profitable and sustainable business. Mike shares insights from his book Fix This Next, including his Business Hierarchy of Needs framework that helps entrepreneurs determine what their business actually needs next instead of reacting to daily crises. He also explains why many businesses mistakenly believe more sales will solve every problem when, in reality, increased sales often create more stress, obligation, and operational chaos. Henry and Mike also dive into the core principles behind Profit First, the cash management system that challenges the traditional accounting formula of Sales – Expenses = Profit. Instead, Mike explains why business owners should prioritize profit first by allocating profit before expenses, forcing smarter operational decisions and healthier financial discipline. During the conversation, Mike shares: Why entrepreneurs often struggle to identify their biggest business problem. The "A to B" exercise for determining what your business needs next. The Business Hierarchy of Needs framework. Why growing revenue alone often increases stress. How Profit First changes the way owners manage cash flow. Why most small businesses operate check-to-check. How to begin implementing Profit First starting with just 1%. Why profitability forces better business decisions and innovation. The importance of validating your business model early. Mike also shares the personal story behind creating Profit First after losing nearly everything financially following the sale of his businesses. This episode is packed with practical insights for entrepreneurs who want to stop chasing revenue and start building a healthier, more profitable business. Mike Michalowicz is an entrepreneur, speaker, and author. He is the bestselling author of several influential business books including Profit First, Fix This Next, The Pumpkin Plan, and Surge. Mike is also the founder of Profit First Professionals, an organization that helps accountants, bookkeepers, and financial professionals guide business owners toward greater profitability. This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run, grow and exit your small business. The How of Business is a top-rated podcast for small business owners and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com
Gas prices go up… so should your prices go up too? This is a question many small business owners are asking, and the answer is not always simple. Today, we break down the pros and cons of passing along higher gas costs to your customers. You will learn when it makes sense to raise prices, when it might hurt your business, and how to think through the decision using your numbers. Pricing should never be based on emotion or panic. It should be based on understanding your costs, your margins, and your overall profitability. If you want to protect your profits and make smart pricing decisions, this is a conversation you need to have. ----------------------------- DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS
In this episode of the Profit First for Real Estate Investors podcast, host David Richter sits down with Mike Michalowicz — author of the original Profit First — for the third episode in their ongoing series together. This conversation zeroes in on one of the most common financial struggles in real estate: inconsistent deal flow and what to do when big chunks of money hit your account all at once.Mike breaks down the drip account and vault account concepts in plain terms, explains why the human brain is literally wired to spend lump sums, and makes the case that having cash reserves isn't just a financial strategy — it's the most powerful negotiation tool you'll ever have. David ties it all back to the real estate investor experience, showing why having systems in place when the money lands is just as important as getting the deal done in the first place.If you're a wholesaler or flipper who's had big months followed by painful dry spells, this episode gives you the exact framework to fix that for good.Episode Highlights[0:31] – Introduction to Mike Michalowicz and the backstory behind Profit First[0:47] – How losing all his money led Mike to build the Profit First system[1:54] – Why Profit First isn't new — it's rooted in principles as old as the Bible[2:27] – Profit First by the numbers: 1.1 million copies sold in 31 languages[3:38] – Why Profit First took off when Mike's other nine books didn't[4:50] – The real reason Mike writes books — he writes them because he doesn't get it yet[6:34] – What Mike discovered about Profit First audiobooks being pirated on YouTube[7:06] – Why he chose to post the Money Habit audiobook for free on YouTube instead of fighting it[8:10] – The core problem for real estate investors: inconsistent deal flow and big swings in income[8:30] – The snowplow business story and why a great season can set you up for disaster[9:30] – Introducing the drip account: how to normalize income from lumpy cash flow[10:30] – Practical example: how to drip out $100K in deal proceeds over 12 months[11:16] – Received income vs. recognized income — the key distinction[12:16] – Why rentals already function like a Profit First system and wholesaling doesn't[13:10] – Why most entrepreneurs have systems for everything except what happens when money hits the bank[13:29] – How to create monthly recurring revenue in any business — it's a choice[13:53] – Optimal foraging theory: why the brain is hardwired to consume lump sums[14:10] – Introducing the vault account: the reserve account for predictable unpredictability[15:09] – Why three months of reserves is the minimum — and why Mike keeps 12[16:07] – How reserves give you mental clarity and prevent reactive decision-making[16:44] – The one thing to take from this episode if nothing else: start the drip or vault account today[17:03] – Why "reinvesting in the business" is often just a soft term for running a business poorly[18:32] – How having a vault account becomes your most powerful negotiation tool[19:17] – The deal Mike almost passed on — and why the other party came back on his terms[19:35] – Why a bad deal is worse than no deal5 Key TakeawaysThe drip account solves the feast-or-famine cycle. When you receive a large lump sum, carve it into smaller monthly pieces so your business operates consistently regardless of when deals close.Your brain is wired to spend lump sums. Optimal foraging theory explains why humans naturally consume money that arrives all at once — a system is the only reliable defense against it.The vault account is your buffer against the predictably unpredictable. Three months of reserves is the minimum. With it, you make decisions from confidence. Without it, you make them from fear."Reinvesting in the business" is often a red flag. If that phrase means throwing money back in without a clear ROI, it's not a strategy — it's an inefficient business that needs more discipline, not more cash.Cash reserves are the ultimate negotiation tool. When you don't need the deal, you can walk away from bad terms — and that leverage is worth more than almost any single transaction.Links & ResourcesGuest: Mike MichalowiczBook: Profit First — available wherever books are soldBook: The Money Habit — full audiobook available free on YouTubeHost: David RichterCompany: Simple CFO — simplecfo.comTopics discussed: Profit First, drip accounts, vault accounts, inconsistent deal flow, cash reserves, negotiation, wholesaling, rentals, recurring revenueClosing RemarkIf you've ever had a great month followed by a month where you wondered where it all went, this episode is the answer. Mike Michalowicz and David Richter lay out exactly how to protect yourself from your own spending habits and build the financial stability that lets you make deals on your terms — not out of desperation.Subscribe, review, and share this episode. And if you're ready to build real financial systems into your business, visit simplecfo.com to schedule your free discovery call today.
You set up your 401(k) contributions years ago. They go out of your paycheck automatically, before you even see the money. You've been doing this for years. And you've been telling yourself you're saving for retirement. You're not saving. You're investing. Automatically, often without much thought, into a market-linked account where the value can drop without you withdrawing a single dollar. https://www.youtube.com/live/ISSLntYMpig That distinction isn't just semantic. It explains why so many high-earning, responsible people feel like they're not making real financial traction even when they're doing everything they were told to do. I've worked with clients across this exact transition for years. And what Bruce Wehner and I talked through on the podcast this week gets to the root of it. Not which products to use. The order. Save automatically. Invest intentionally. Get that order right and everything changes. Key TakeawaysThe Difference Between Saving and Investing (And Why Most People Get It Wrong)What About Inflation?The Language ProblemWhy the Default Financial Playbook Works Against YouThe Automatic Investing TrapThe Syndication Cautionary TaleThe Savings VoidHow the Wealthy Reverse the SequenceThe Personal Economic ModelThe Client Who Saved His Way to RetirementLifestyle Creep: The Silent UnderminerWhy You Save Automatically, and What That Frees You to DoThe Counterintuitive LogicWhat Gets Freed UpWhy Interrupting the Compounding Curve Costs More Than You ThinkWhat Interruption Actually CostsWhat It Means to Invest Intentionally, and How to Know If You AreInvestor DNAReal Due Diligence in the Current EnvironmentSafety, Liquidity, and GrowthThe Savings Vehicle That Bridges Both StagesHow It Works in PracticeThe Death Benefit BackstopWhere Saving and Investing Fit in the Wealth Creator's Cash Flow SystemChange the Order, Change the OutcomeBook A Strategy CallFrequently Asked QuestionsWhat is the difference between saving and investing?Why is automatic 401(k) investing not the same as saving for retirement?How do I start saving automatically?What does intentional investing actually mean?How does whole life insurance fit into saving automatically?Why do wealthy people save before they invest? Key Takeaways Saving and investing are not the same thing. Saving has a dollar-value floor - your $100 stays $100. Investing doesn't - the value can drop without you touching a cent. Most people have been calling one thing the other. The order you do them in determines your financial outcome. The default playbook is: invest automatically first, spend second, save whatever's left. The wealthy do it in reverse: save automatically first, spend from what remains, invest intentionally from the surplus. Automatic 401(k) contributions are investing, not saving - and doing them without due diligence, in a market-linked account you don't control, is a bet most people don't realize they're making. Automating saving is a cognitive strategy, not a cop-out. It removes a high-stakes decision from your mental queue, so your best thinking goes toward evaluating actual investments, where discernment genuinely matters. Interrupting the compounding curve is more costly than it looks. The exponential gains happen late in the cycle. Most people never get there because they restart the clock repeatedly by spending, redirecting, or skipping months. Intentional investing means deploying capital into things you understand, with control, sized to what you actually have, not automatically following historical performance into deals you don't fully understand. The Difference Between Saving and Investing (And Why Most People Get It Wrong) Let's start with a precise definition, because the confusion between these two things is where most of the problem lives. Saving is placing money somewhere it cannot lose dollar value. If you put $100 into a savings vehicle, those $100 will be there when you come back. The amount won't become $60 or $80 because of market conditions. You haven't taken the money out. No one stole it. It's just there, in full, because you put it there. Investing is different. When you invest, you're placing capital somewhere it has the potential to grow, but also to lose value. Not because you withdrew anything. Because the asset itself dropped. You can wake up to an account statement showing your $100 is worth $50, and that's investing. What About Inflation? This is where people push back, and it's a fair point. Inflation erodes the purchasing power of savings over time. That's real. But what often gets missed is that inflation erodes investments too. The same monetary forces that reduce what your saved dollars can buy are working on your invested dollars simultaneously. And an investment loss on top of inflation doesn't solve the inflation problem. It doubles it. Losing hundreds of thousands of dollars in a badly-timed deal isn't an inflation hedge. It's your money going backward at speed. The distinction we're drawing is about the dollar-value floor. Savings has one. Investing doesn't. That's it. The Language Problem The reason this gets so muddled is that the phrase "saving for retirement" has become the universal shorthand for 401(k) contributions, which are, by this definition, investing. Money in market-linked funds can drop. It has dropped. For many people, it's dropped dramatically at exactly the wrong moment. Calling that saving doesn't make it safer. It just makes it harder to think clearly about what you're actually doing. Why the Default Financial Playbook Works Against You Here's how most working Americans handle their money, in order: First, a payroll deduction flows automatically into a 401(k) or similar vehicle before the money arrives in their account. Then spending happens. Then, if anything is left at the end of the month, it might get saved. Maybe. The sequence is: invest first, spend second, save whatever remains. The problem isn't the investing. It's what that order produces in practice. The Automatic Investing Trap That first move, the automatic 401(k) contribution, is made without active due diligence, without specific knowledge of the underlying assets, and without meaningful control over timing or allocation. For most people, the decision is: pick a fund from a list, or accept the target date fund default. That's it. Target date funds are a genuine improvement over doing nothing. They diversify automatically and grow more conservative as you approach retirement. Financial advisors help take emotion out of the process, which matters more than most people realize. These are real improvements. But they don't solve the core problem. You've still lost control of that capital. You face future tax liability. And if you need access to it before retirement, the options are limited, costly, or both. The Syndication Cautionary Tale Bruce has been in over 6,000 client meetings. And one thing he's seen play out repeatedly in recent years is what happens when the "must always be invested" mindset runs into a changing economic environment. A lot of people deployed capital into real estate syndications because the historical performance looked strong and the tax benefits were real. What they didn't fully evaluate was what happens when interest rates rise sharply, and when deals structured around balloon-payment loans need to be refinanced. Rates went up. Sponsors couldn't refinance. Distributions stopped. In many cases, that capital is effectively gone. Not because real estate is a bad investment category. Because people committed capital without evaluating the current monetary environment, and instead relied almost entirely on historical performance as their due diligence. The people who pushed that money in because they felt they couldn't afford to leave it sitting somewhere safe are the ones who lost. Their money didn't just fail to outrun inflation. It evaporated. The Savings Void Because saving is residual in the default sequence, it often doesn't happen at all. By the time spending is done, there's nothing left to put aside. And that's the trap. When a genuinely good investment opportunity appears, there's no capital ready to move on it. The people who can act are the ones who built up savings first - liquid, available, usable cash that's safe and in their control. The others watch the opportunity pass. How the Wealthy Reverse the Sequence The pattern Bruce sees consistently across his wealthiest clients is the opposite of the default. They save automatically first. They determine spending second. They invest intentionally from what remains. The order of priority is reversed, and everything that follows is different because of it. The Personal Economic Model Think of your money as moving through a system. Income arrives. Taxes come out. Then every dollar faces a decision. The first and most important decision isn't to save or invest. It's: how much of this am I going to spend? Spending less than 100% of what you earn is the prerequisite for everything else. It sounds basic, but it's the step most people skip conceptually, even when they think they're doing it. The Richest Man in Babylon put it plainly: set thy purse to fattening. A part of all that you earn is yours to keep. Mike Michalowicz made the same argument for businesses in Profit First. If you wait to see what's left after spending, there won't be anything left. There never is. Once you've decided what you're keeping, the next question is the order. Save first, spend from what remains, then invest intentionally from the surplus you've built. The Client Who Saved His Way to Retirement Bruce shared a story that most financial commentators would dismiss as a cautionary tale, but it's actually the opposite. One of his clients kept his 401(k) in a money market account for his entire c
En este episodio exploramos cómo descubrir y vivir tu misión personal puede convertirse en el mapa que te ayude a salir de la trampa de vivir únicamente persiguiendo dinero. Cuando no hay claridad de propósito, el éxito económico muchas veces termina sintiéndose vacío o insuficiente. Hablamos de cómo conectar con una visión más profunda de tu vida y tu negocio, para tomar decisiones con mayor sentido, equilibrio y dirección, construyendo un éxito que también genere plenitud y realización personal. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
You didn't start your business to stay stuck. If you're ready to finally hit 6 or 7 figures WITHOUT burning out — book a call with our team → https://weddingproceo.com/applicationIf your bookings are down, I'm calling out the lie the wedding industry keeps telling you that you need more leads, a better Instagram, or a fancier website. In this episode, I'm breaking down the two exact places couples are falling out of your sales funnel and the simple shifts that turn inquiries into signed contracts. If you're tired of getting ghosted after consults and ready to stop blaming the economy, this one's for you.The (FREE!)ASSUME Sales Training: 2x your wedding bookings in 30 days—step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorgA favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFw Another favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3ITKLb4========================= EPISODE SHOW NOTES BLOG & MORE:https://weddingproceo.com/why-wedding-bookings-are-down/=========================Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs!PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swdHave a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZoqPmzHeads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase—at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with.=========================Take the Wedding Pro CEO's free GAP assessmentSupport the show
“Implementing Profit First in your law firm is a meaningful first step that you can take that will help you correct this costly and stressful misalignment between yourself and the clients of your law firm.” – RJon Robins, author of Profit First for Lawyers For many law firm owners, profit feels uncomfortable. Maybe even selfish. But what if profit isn’t the problem? In this episode, immigration attorney Jennifer Walker Gates shares how implementing Profit First transformed not just her law firm, but her entire relationship with money, ownership, and profitability. Coming from a nonprofit background and serving primarily working-class immigrant families, Jennifer admits she once viewed profit as a “dirty word.” Charging for legal services felt emotionally complicated, and looking closely at financial numbers often created anxiety instead of clarity. What Is Profit Really? Everything began to shift after reading Profit First by Mike Michalowicz. She now had a new way of thinking about profit, and that thinking was elevated even further after reading Profit First for Lawyers by RJon Robins. The law firm-specific focus helped her rethink what profitability could look like in the context of running a law firm. Not as greed. Not as taking from clients, but as a mutually beneficial exchange. This transformative understanding changed everything. By implementing Profit First methodology in her firm, she was prepared when an unexpected financial downturn occurred. She saw the benefits of Profit First in real time. That experience cemented the practical reality of prioritizing profit. From implementing Profit First accounting, reframing overhead as an investment, and overcoming fear around financial visibility, Jennifer shares how small changes in financial thinking created major changes in both her business and her life. Today, she views profit not as something to avoid, but as something that protects the future of her firm, the people she serves, and her family. Gaining Financial Clarity For Jennifer, one of the biggest mindset shifts was recognizing that profit and purpose are NOT opposites. A law firm that protects its profits is a law firm that can survive economic downturns, support its team, continue serving clients, and create stability for the owner’s family. When law firm owners avoid looking at their numbers, anxiety grows. But when they begin building systems that protect profit, they gain the confidence to make objective financial decisions. The result is not just a healthier business, but a healthier relationship with money itself. Connect Contact Jennifer Walker Gates directly: www.JLW.law Referenced in episode: Static and Dynamic Overhead episode How To Manage a Small Law Firm Mentioned: Profit First by Mike Michalowicz Subscribe to the Profit First for Lawyers podcast Watch episodes on YouTube Follow Profit First for Lawyers on social media: LinkedIn | Instagram | Facebook And most importantly, order your copy of Profit First for Lawyers today!
En este episodio corto de reflexión hablamos sobre un tema profundo y poco compartido: el verdadero propósito detrás del éxito empresarial. Muchas veces admiramos los resultados de otros sin conocer lo que realmente los mueve, sostiene y da sentido a su camino. Una invitación a mirar más allá de las metas económicas y conectar con un propósito más auténtico, porque cuando tu empresa está alineada con algo más grande que solo ganar dinero, todo cambia. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
The How of Business - How to start, run & grow a small business.
Grow a healthier business by managing cash flow, using debt strategically, and building strong business relationships. Show Notes Page: https://www.thehowofbusiness.com/607-growing-a-small-business/ Growing a business requires far more than simply increasing sales. It demands financial discipline, smart decision-making, and strong relationships. In Part 2 of this entrepreneurial roundtable series, Henry Lopez is joined again by Giuseppe Grammatico, Rocky Lalvani, and David Barnett for a practical conversation about what it really takes to grow a small business. The discussion begins with one of the most important topics for entrepreneurs: cash flow management. Rocky explains the principles behind the Profit First system, created by Mike Michalowicz, and why many business owners fail to recognize financial problems until it's too late. They also discuss why relying only on bank balances can create dangerous blind spots and how cash flow systems can provide early warning signs when something in the business model is broken. The conversation then shifts into debt and leverage. The panel explores the difference between using debt strategically to fund profitable growth versus using debt to cover operational problems or poor financial management. David shares examples of how business owners can misuse lines of credit and why understanding the purpose behind borrowing is critical to long-term business health. Finally, the group discusses the importance of relationship building and networking for business growth. Henry shares why getting out into the community, identifying referral partners, and building meaningful connections remain essential growth strategies for local and service-based businesses. This episode is packed with practical advice for entrepreneurs who want to build a stronger and more sustainable business. This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run, grow and exit your small business. The How of Business is a top-rated podcast for small business owners and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com
Most real estate investors are making the same hidden financial mistakes — and they don't even know it. In this episode, David Richter sits back down with Mike Michaelowicz, the original author of Profit First, to break down the most common traps that keep entrepreneurs stuck in their business instead of building one — and the practical fixes that can change everything.They cover the difference between revenue and profit, why taxes surprise people every single year even though they shouldn't, why paying yourself a consistent salary changes everything, and what financial visibility actually looks like in practice. If you're still running and gunning without a system, this is the episode that gives you one.Timeline Highlights[3:10] Why real estate investors confuse technical skill with business ownership[3:54] The McDonald's test: why the owner should never be flipping the burgers[5:35] Only 3.4% of people will ever successfully run a business — and your job is to create jobs for the rest[6:26] How wholesaling, flipping, and rentals each require a different level of business ownership[7:34] Hidden mistake #1: confusing revenue with profit[7:55] The homebuilder who got a $100K deposit and bought a boat the next day[8:53] Hidden mistake #2: ignoring taxes and being shocked every April[9:27] Why every business owner is an agent for the government — and what that means for your cash[10:21] Why 15% of top-line income is the magic number for your tax account[14:01] Hidden mistake #3: not paying yourself a fair owner's compensation[14:32] Why owner's comp and profit are two completely different things[14:56] Why starting with just one account — owner's comp — creates the most transformation[15:32] Homeostasis and why a predictable salary stabilizes your entire financial life[16:07] How the owner's comp account helps W-2 employees build toward leaving their job[16:45] Hidden mistake #4: lack of financial visibility — ignorance is not bliss[17:50] Why not having regular visibility leads to overreacting in both directions[18:07] Financial Friday: why Mike checks his accounts every single week[18:57] Yellow flags vs. red flags — and why Profit First gives you early warning systems[19:38] Why financial clarity gives you energy back as a spouse, parent, and human beingKey TakeawaysYour job as a business owner is not to do the job — it's to create jobs for others.Revenue is not profit. Spending money you haven't actually earned yet is one of the most common and costly mistakes in real estate.Taxes are never a surprise — set aside 15% of top-line income from day one and never get caught off guard again.Owner's compensation and profit are two different things. Pay yourself for the work you do, not just as a reward for risk.Starting with just one account — owner's comp — creates more transformation than any other first step.A predictable salary stabilizes your lifestyle and prevents the dangerous peak-and-valley financial cycle.Financial visibility is not optional. Check your accounts regularly, build yellow flag habits, and stop letting surprises run your business.Links & ResourcesThe Money Habit by Mike Michaelowicz — available at mikemotorbike.com or any major retailerBook a free discovery call to get Profit First working in your business: simplecfo.comClosingThanks for tuning in. If this episode helped you spot a hidden mistake you've been making in your business, make sure to subscribe, leave a review, and share it with another investor who needs to hear this. If you're ready to build real financial systems with guidance and accountability, visit simplecfo.com and take your free discovery
Feeling overwhelmed in your business? You might be trying to fix too much at once. Let's focus small and get big results! Today, we break down the 80/20 rule and how it applies directly to your business. The idea is simple. A small portion of what you do is responsible for the majority of your results. That means 20% of your products likely drive 80% of your sales. 20% of your processes may be causing 80% of your problems. And 20% of what is on your Profit & Loss could be driving most of your profit issues. Instead of spreading yourself thin, you need to narrow your focus. Find the few things that matter most and work on those first. When you do, you can create bigger results with less effort and finally start moving your business forward. ----------------------------- DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS
En este episodio hablamos del punto ideal de tu empresa, esa combinación estratégica que te permite diferenciarte, crecer y dejar de competir únicamente por precio. Descubrirás por qué muchas empresas caen en la guerra de precios y cómo encontrar aquello que realmente las hace valiosas y únicas para sus clientes. Hablamos de enfoque, propuesta de valor y posicionamiento, para ayudarte a construir una empresa más rentable, atractiva y difícil de comparar, donde el crecimiento venga de crear valor y no de sacrificar márgenes. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
You didn't start your business to stay stuck. If you're ready to finally hit 6 or 7 figures WITHOUT burning out — book a call with our team → https://weddingproceo.com/application If your wedding business feels like a feast-or-famine rollercoaster, this episode is going to hit close to home — and give you a real way out. I'm breaking down why inconsistent bookings aren't a lead problem, they're a structure problem, and what's actually happening behind the scenes when your pipeline dries up after every busy season. If you're ready to stop chasing "more leads" and start forecasting predictable income like a true CEO, this one is for you.The (FREE!)ASSUME Sales Training: 2x your wedding bookings in 30 days—step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorgA favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFw Another favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3ITKLb4 ========================= EPISODE SHOW NOTES BLOG & MORE:https://weddingproceo.com/why-wedding-business-inconsistent-bookings/=========================Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs! PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swdHave a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZoqPmz Heads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase—at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with.=========================Take the Wedding Pro CEO's free GAP assessmentSupport the show
Welcome to another episode of MOJO: The Meaning of Life and Business! In today's episode, host Jennifer Glass dives into one of the most critical—yet often confusing—topics for business owners everywhere: cash flow. Forget just focusing on income and expenses; Jennifer Glass and her guest, Wall Street veteran and business finance expert Debra Angilletta, break down the real meaning of cash flow, why it's so essential for your business's survival, and how mastering the timing of your money can mean the difference between merely making ends meet and thriving.You'll hear simple, actionable strategies tailored for both retail and service-based business owners, learn how to time expenses and receivables to your advantage, and discover why “revenue feeds your ego, but profit feeds your family.” Plus, Debra Angilletta introduces the Profit First methodology, explains the importance of separating personal and business finances, and shares ninja-level tips for optimizing your cash flow—so you always have more money left at the end of the month.If you want to take control of your business's finances, scale profitably, and redefine what success means in your journey, this episode is for you!About my guest: With over 20 years of experience on Wall Street, Debra Angilletta helps high-performance CEO's and Founders take control of their cash flow, grow profits, and scale successfully. Using proven frameworks, Debra simplifies business finances empowering business owners to make confident decisions, hire strategically, and achieve lasting success.Connect with Debra on Facebook, LinkedIn, and on the web at nextlevelceo.bizKeywords: cash flow, small business, business owners, revenue, profit, expenses, business finance, profitability, retail business, service business, inventory management, timing of payments, auto billing, invoicing, net 30 terms, business credit card, personal vs business expenses, Profit First, Mike Michalowicz, profit margins, scaling business, consulting business, ACH payments, payment terms, cash management tools, tax implications, business bank accounts, vendor management, business sustainability, credit line, cash flow strategies, American Express, AmEx
En este episodio corto de reflexión hablamos de una causa silenciosa que frena a muchas empresas: la falta de enfoque. Cuando todo es prioridad, nada lo es, y el negocio termina dispersando energía, recursos y resultados. Una invitación a simplificar, definir lo verdaderamente importante y alinear esfuerzos, para que tu empresa deje de moverse mucho sin avanzar y empiece a crecer con claridad y dirección. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com FACEBOOK: https://www.facebook.com/helpimentoring Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.
Why should a customer choose you over your competition? If you cannot answer that clearly, you are making it harder than it needs to be to grow your business. In this video, we talk about what it really takes to stand out. Whether it is choosing a niche, delivering exceptional customer service, or solving a specific problem better than anyone else, your goal is to become the obvious choice. We also talk about how your competition is not the enemy. It is actually one of your best teachers. Study what they do well, not just what they do wrong, and use those insights to improve your own business. At the end of the day, standing out is not about being louder. It is about understanding what your customers truly want and becoming the business that delivers it best. ----------------------------- DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS
Making 2.2 million in projected profit and considering bankruptcy at the same time — that's the reality more real estate investors face than anyone admits. In this episode, David Richter sits down with Mike McHale, author of The Money Habit, to unpack why so many entrepreneurs feel broke no matter how much revenue they generate, and what's actually driving that cycle at a biological level.They dig into Parkinson's Law, optimal foraging theory, loss aversion, and the psychology behind why money behavior gets amplified — not fixed — as your income grows. If you've ever wondered why more deals haven't solved your financial stress, this episode is the conversation you need to hear.Timeline Highlights[0:46] Introducing Mike McHale and the theme: feeling broke after big deals[2:19] The investor doing 20 flips who called to ask about declaring bankruptcy[3:24] Why business owners put on a brave face — even in private calls[4:06] The truth about fake success and why it attracts the wrong kind of support[4:47] Why 83% of businesses are living check to check — and it gets worse as they grow[5:09] Scaling chaos: why more deals doesn't mean more profit[6:03] What this investor actually needed (hint: it wasn't bankruptcy)[6:36] Mike's personal story of ignoring bills and avoiding the problem[7:20] Parkinson's Law explained: why more money available means more money spent[8:06] How Profit First uses compressed money to make you more effective[10:11] Why nailing business finances but not personal finances still leaves you broke[10:33] Optimal foraging theory: the ancient reason we're wired to gorge on big paydays[12:03] Why the big check triggers a "kill the wooly mammoth" response in your brain[12:46] The carving tool analogy: how multiple accounts rewire the gorge instinct[13:21] Why first-time real estate investors are especially vulnerable to gorging[14:06] Lifestyle creep and loss aversion: why we won't cut back when income drops[15:32] How Profit First helps both spenders and hoarders find the middle[15:54] Why even David has a CFO for his own business[17:13] Why money behavior gets amplified — not corrected — as you earn more[17:51] How Mike's team uses a Profit First professional plus an internal numbers person[18:29] Why the right system balances emotional and analytical financial decisions[18:45] About Mike's book The Money Habit and who it's written forKey TakeawaysMore revenue does not fix broken money habits — it amplifies them.Parkinson's Law means that available money will be consumed unless you deliberately constrain it.Our brains are wired to gorge on big paydays — multiple accounts are the modern "carving tool" that overrides that instinct.Fake success keeps you from getting the real support you need.If you're struggling financially at home, it will eventually eat into your business — and vice versa.Profit First works for both spenders and hoarders by creating a system that removes emotion from the decision.Even the people who build financial systems need someone to hold them accountable.Links & ResourcesGet Mike's book The Money Habit at mikemotorbike.com or any major retailerBook a free discovery call to get Profit First working in your real estate business: simplecfo.comClosingThanks for tuning in. If this episode gave you clarity on why you're making money but still feeling broke, make sure to subscribe, leave a review, and share it with another investor who needs to hear this. If you're ready to stop the cycle and build real financial systems around your business, visit simplecfo.com and take your free discovery call today.
You didn't start your business to stay stuck. If you're ready to finally hit 6 or 7 figures WITHOUT burning out — book a call with our team → https://weddingproceo.com/applicationIn this episode, I'm breaking down exactly why so many wedding businesses stall between $300K and $500K — and it's probably not what you think. I'm sharing the real bottleneck that keeps you overwhelmed despite having a great team, the difference between delegating tasks and delegating true ownership, and the exact strategy I walked a client through to go from stuck at $400K to a clear path to seven figures. If you're working 80-hour weeks and still can't figure out why growth has flatlined, this one's for you.The (FREE!)ASSUME Sales Training: 2x your wedding bookings in 30 days—step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorgA favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFwAnother favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3ITKLb4========================= EPISODE SHOW NOTES BLOG & MORE:https://weddingproceo.com/wedding-business-plateau-300k/========================= Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs!PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swdHave a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZoqPmzHeads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase—at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with. =========================Take the Wedding Pro CEO's free GAP assessmentSupport the show
Your sales are up… but your profit is down. What is going on? Too many business owners find themselves working harder, bringing in more revenue, and still making less money. The first step to fixing it is not guessing. It is going straight to your Profit & Loss and comparing it to previous time periods. Most people jump straight to cutting expenses, and yes, that matters. But the real issue for many businesses is sitting in payroll, payroll taxes, and subcontractors. Instead of improving processes and developing their team, they keep adding more people. And now payroll is eating up all the profit. Today, we break down where to look, what trends to watch for, and how to address the real problem so your business can become more efficient and more profitable. ----------------------------- DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS
Two core elements of leadership are effective communication and creating community. AJ has done both. I can attest from taking her writing workshop and participating in her author community since. I wrote the first draft of Sustainability Simplified in her workshop.I also valued the book she co-wrote with her writing partner and podcast guest Mike Michalowicz. As you'll hear in our conversation, their podcast is one of the only ones I've listened to every episode of.I've wanted to bring her on the podcast for a long time since I learned so much from her and value participating in her community so much. If you're here to build community to change culture, I believe you can learn from AJ's journey and building her community. I see them based on honesty, integrity, doing the reps, self-awareness, and the things that many people talk about but not all do. If I'm not too direct and blunt to say so, environmentalists in particular not only lack these leadership properties, many of them shun them.AJ's homepageHer writing workshop that I took and recommend Hosted on Acast. See acast.com/privacy for more information.
You didn't start your business to stay stuck. If you're ready to finally hit 6 or 7 figures WITHOUT burning out — book a call with our team → https://weddingproceo.com/applicationYou're booked, your team is busy, and you're still the one holding everything together. This episode digs into why tiny daily habits are quietly stalling your wedding business at six figures and the exact shifts you need to make — from reactive to intentional — to stop being the bottleneck, hire smart, and finally scale like a CEO.The (FREE!)ASSUME Sales Training: 2x your wedding bookings in 30 days—step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorgA favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFwAnother favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3ITKLb4 ========================= EPISODE SHOW NOTES BLOG & MORE:https://weddingproceo.com/growth-stalling-habits-wedding-business/=========================Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs! PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swd Have a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZoqPmz Heads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase—at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with.=========================Take the Wedding Pro CEO's free GAP assessmentSupport the show
So you want to spend $500 in your business, but when will you make your money back? Maybe it is advertising, people, a course, or even a lunch. Everything you spend comes at a cost. Don't make this mistake so many folks make in thinking the first $500 will pay you back. It doesn't work like that. ----------------------------- DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS