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Mike Michalowicz is the author of Profit First, which is used by hundreds of thousands of companies across the globe to drive profit – Creator Science is one of those companies. Profit First has helped me develop sound financials for my business. He's also the author of Clockwork, a powerful method to make any business run on automatic, and seven other books as well. With more than 500,000 book sales, all of Mike's books have the same goal – to help small business owners and eliminate what he calls “entrepreneurial poverty.” Simon Sinek has called Mike “…the top contender for the patron saint of entrepreneurs.” This conversation is divided into halves: The first half explores Mike's unique model as an author. For each book Mike writes, he partners with a third party to license the frameworks from his books and serve as the done-for-you service provider. This is super uncommon and part of why he's been so prolific while running a very lean team. So we dig into how that works (and what he'd do differently if he were starting over today). The second half of the conversation is all about writing books. Mike has published nine books since 2008 – including 7 in the last 8 years. So we dig into how he determines what ideas to turn into books and how to write them so quickly. Full transcript and show notes Mike's Website / Twitter / Instagram / YouTube / LinkedIn *** RECOMMENDED NEXT EPISODE → #176: April Dunford – How self-publishing a book exploded her client service business. *** ASK CREATOR SCIENCE → Submit your question here *** WHEN YOU'RE READY
Entrepreneurs often believe their financial stress will disappear with the next big contract, launch, or raise. But Mike Michalowicz has seen hundreds of high-earning founders and employees still living paycheck-to-paycheck. The problem isn't income; it's behavior. Now on Spotify video! In this episode, Mike returns to break down the core principles behind his latest book, The Money Habit, revealing the psychology behind why we overspend and how small changes can create massive long-term wealth. He also shares his practical personal finance system to increase savings, eliminate debt, and achieve true financial freedom. In this episode, Hala and Mike will discuss: (00:00) Introduction (03:48) Mike's Latest Book, The Money Habit (11:14) Cash Confidence and Financial Independence (17:14) Saving for Big Life Expenses (21:24) Why Traditional Budgeting Fails (24:10) Behavioral Psychology Behind Money Decisions (30:48) The Paycheck-to-Paycheck Money Cycle (37:36) The 6 Essential Money Account System (45:21) The Four Financial Seasons (54:02) Smart Debt Elimination Strategies (57:42) Money Habit Advice for Entrepreneurs Mike Michalowicz is an entrepreneur, bestselling author, and speaker specializing in small business growth strategies. He has built and sold multiple multi-million dollar companies and is the host of the podcast Becoming Self-Made. His latest book, The Money Habit, translates his business finance principles into a practical personal finance system designed to help individuals build stronger money habits and work toward financial freedom. Sponsored By: Indeed - Get a $75 sponsored job credit to boost your job's visibility at Indeed.com/profiting Shopify - Start your $1/month trial at Shopify.com/profiting Spectrum Business - Keep your business connected seamlessly with fast, reliable Internet, Advanced WiFi, Phone, TV, and Mobile services. Visit https://spectrum.com/Business to learn more. Northwest Registered Agent - Build your brand and get your complete business identity in just 10 clicks and 10 minutes at northwestregisteredagent.com/paidyap Framer - Publish beautiful and production-ready websites. Go to Framer.com/profiting and get 30% off their Framer Pro annual plan Quo - Run your business communications the smart way. Try Quo for free, plus get 20% off your first 6 months when you go to quo.com/profiting Working Genius - Take the assessment and discover your natural gifts and thrive at work. Go to workinggenius.com and get 20% off with code PROFITING Experian - Manage and cancel your unwanted subscriptions and reduce your bills. Get started now with the Experian App and let your Big Financial Friend do the work for you. See experian.com for details Huel - Get all the daily nutrients you need. Grab Huel today and get 15% OFF with my code PROFITING at huel.com/PROFITING Resources Mentioned: Mike's Website: mikemotorbike.com Mike's Book, Profit First: bit.ly/-ProfitF1st Mike's Book, The Money Habit: bit.ly/MonyHabit Mike's Podcast, Becoming Self-Made: bit.ly/BSM-apple YAP E219 with Mike Michalowicz: youngandprofiting.co/E219 Hala's Speech at MIT: bit.ly/HTMITKN Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap YouTube - youtube.com/c/YoungandProfiting Newsletter - youngandprofiting.co/newsletter LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Marketing, Negotiation, Money, Finance, Side Hustle, Startup, Career, Leadership, Mindset, Growth Mindset, Wealth, Stock Market, Scalability, Investment, Risk Management, Financial Planning, Business Coaching, Finance Podcast
Grow My Accounting Practice | Tips for Accountants & Bookkeepers to Grow Their Business
Show Summary: In today's episode of the Grow My Accounting Practice podcast, Mike Michalowicz is joined by Ron Saharyan and Liz Szporn to talk about Mike's newest book, The Money Habit, and the launch of Money Habit Mentors. The conversation explores why money challenges are rarely about math and almost always about behavior. Mike shares the thinking behind The Money Habit and how it builds on the principles of Profit First to help people create lasting personal financial habits. Ron and Liz discuss what this shift means for accounting and advisory professionals, and why guiding clients through personal money behavior is becoming an essential extension of trusted financial advisory work. They also introduce the Money Habit Mentor designation, explaining how it equips professionals to help clients move from financial stress to clarity, confidence, and long-term control of their money. This episode offers insight into the growing opportunity for accountants and bookkeepers to deepen client relationships by addressing the human side of money—not just the numbers. If you work with clients who struggle financially despite earning well, this episode provides a clear look at what's next in advisory and why behavior-based systems matter more than ever. Website:https://moneyhabitmentors.com/ LinkedIn:https://www.linkedin.com/company/money-habit-mentors Facebook:https://www.facebook.com/profile.php?id=61587433470833 Instagram:@moneyhabitmentors Corporate Partner:People Processes - https://peopleprocesses.com/ Profit First App Version 2.0 is here! More Education. More Functionality. More Profit!
Dirty books cost you way more than clean books ever will—and in this episode, I explain exactly why. I see so many business owners avoid cleaning up their books because of cost or inconvenience, without realizing how much confusion, stress, and lost money messy books actually create.In this episode, I break down what “dirty books” really look like, how they silently hurt your business, and how you can realistically transition from messy to clean books in about 90 days. We talk about why clean books are the foundation for profit, decision-making, and peace of mind—and what you must put in place so your numbers stop working against you and start working for you.Timeline Highlights:[0:00] Why dirty books cost far more than clean books ever will[1:05] How inaccurate financials prevent you from knowing what you really make and keep[1:24] Why cheap bookkeeping often becomes the most expensive mistake[2:26] The tax-time chaos caused by messy books[2:42] Why your bookkeeper must understand your industry[3:03] The serious risks of bad bookkeeping—including legal issues[3:41] Why communication with your bookkeeper matters[3:59] The pain of waiting until the last minute to clean up your books[4:15] The three requirements for getting clean books[4:36] Why bookkeepers must be managed, not assumed[5:55] How clean books help you identify real business problems[6:10] Following the money to improve spending and profit[7:05] How to move from dirty books to clean books faster than you thinkKey TakeawaysDirty books create confusion, stress, and costly mistakes.Clean books are the foundation for profit, clarity, and smart decisions.Cheap bookkeeping often leads to expensive cleanups later.Your bookkeeper must understand your specific industry.Communication and oversight are required—even with good help.Clean books help you identify where money is leaking in your business.Bookkeeping is not about compliance—it's about control and clarity.Links & ResourcesBook a free discovery call to get clarity on your books and financial systems: profitrei.comClosingThanks so much for spending time with me today. If this episode helped you see why clean books matter and what they unlock in your business, make sure to follow the show, leave a review, and share it with another business owner who's tired of guessing with their numbers. And if you're ready to clean up your books and build real financial clarity with guidance and accountability, visit profitrei.com and book your free discovery call with our team.
En este episodio descubrimos cómo el organigrama funcional puede convertirse en una herramienta clave para mejorar la rentabilidad de tu empresa. Más que un simple dibujo de puestos, es una forma estratégica de clarificar responsabilidades, eliminar duplicidades y asegurarte de que cada función realmente aporte valor. Hablamos de cómo ordenar la estructura, definir roles correctamente y evitar sobrecargas o vacíos que terminan afectando el flujo y los resultados. Un capítulo práctico para dueños que quieren una empresa más eficiente, profesional y rentable. 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 authors try to monetize with coaching, courses, or speaking.But there's a smarter model that can scale without you running the business: book-to-business licensing.In this episode, Mike Michalowicz (author of Profit First, The Pumpkin Plan, and Fix This Next) breaks down how authors are using a licensing strategy to turn a book into a repeatable business engine—where a partner company runs the program and both sides win.In this conversation, you'll learn:• The “book → business” strategy most authors never hear about• How licensing works (and why it scales better than building from scratch)• How Mike vets partners during the research process• Why new books amplify old books (the backlist flywheel)• His marketing framework: DAD = Different → Attractive → Direct• How to build an authority ecosystem around your ideas (without becoming the operator)If you're an author, entrepreneur, or creator trying to turn your expertise into real revenue—this is a blueprint.
This chat might change the way you look at your bank account !Marcus Kroek has done it all - policeman in Darlinghurst, teacher, and now a high-level business coach who once helped a local company quadruple its profits in just six months. We get into the "Profit First" mentality and why Marcus reckons most small business owners are actually just technicians wearing way too many hats. We also chat about the psychology of being a "bargain hunter," why you should treat your business finances like a 90s milk run pay packet, and the "small plate" theory that stops you from overspending. Marcus is now my Business Coach and I have learned SO MUCH from him over the last year! But what you hear in this Quick Fix episode, is the first time we met!He also has his own podcast now - Business Unlocked and you can hear the full episode by searching for Episode 70 of the Podvan Podcast!Wanna check out all things Podvan? ⬇️Facebook | Instagram | FB Group | Podvan Website | YouTube | TikTokThis is a Podvan Media production.
Send a textWelcome back to our monthly live Q&A! We took a little break, but we're back and ready to tackle all your burning questions about building your bookkeeping business. Whether you're just getting started or scaling your firm, this episode is packed with real talk and practical advice.In this episode you'll hear:Partnership pitfalls and planningTech stack essentialsHiring and leading your first employeePricing strategies for startups and special situationsResources mentioned in this episode:Xero: https://xeroamericas.partnerlinks.io/79afz10exu7dQuickBooks Online: https://www.referquickbooks.com/s/Serena4Become a Bookkeeper by Katie Farrow: https://www.katieferro.com/a/38894/2PQNgtvvRisk Desk by Jock Walls at https://www.myriskdesk.comDubsado: https://www.dubsado.com/?c=shoupcpaGoogle Workspace: https://referworkspace.app.goo.gl/Xo4GTaxJar, Anrok, Hubdoc"Make 'Em Beg to Work for You" by Dr. Angela E. Lauria"Teamwork" by Natalie DawsonBookkeeping Business Accelerator: https://www.ambitiousbookkeeper.com/bbaElevate: https://www.ambitiousbookkeeper.com/elevateConfident Compliance Bundle: https://www.ambitiousbookkeeper.com/offers/tgPgMBJ7Workflow Queen's Breakthrough Program: https://serenashoup.krtra.com/t/IKUxtNZoz7lFDubsado Decoded: https://kendracourtney.com/dubsado-decoded/QBO Gym: https://fastandeasyqbo.samcart.com/referral/GymChallenge/8Duca0gOuAg8wpjFThanks for listening. If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram stories and tag me @ambitiousbookkeeperFor more information about the Ambitious Bookkeeper Podcast or interest in our programs or mentoring visit our resources below:Visit our website: https://www.ambitiousbookkeeper.comFollow the Blog: https://www.ambitiousbookkeeper.com/blogConnect on Instagram: https://www.instagram.com/ambitiousbookkeeperConnect on Threads: https://www.threads.net/@ambitiousbookkeeperConnect on Facebook: https://www.facebook.com/serenashoupcpaThank you for your support of our show. If you haven't left a review yet it's super simple. Please go to ambitiousbookkeeper.com/podcast and leave your review.Podcast Publishing Tools we use:Editing → Sabr Media LLC: https://www.iangilliam.com/sabr-media-llcDescript: https://get.descript.com/u7lubkx09073 (affiliate link)Buzzsprout:
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/applicationHey, CEO! If you've been feeling like "selling" is a dirty word, it's time to flip the script and realize that leading your couples to a decision is the highest form of service you can provide. Stop spending your limited mid-week downtime feeling stressed or undervalued; instead, learn how to trade the "salesy" overwhelm for a profitable business that respects your expertise. 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/feel-gross-selling-wedding-pro/========================= 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
Seasonal slowdowns can shake even the most well-run therapy practices—especially group practices navigating payroll, profit, and growth at the same time. This week, I sat down with Stef Iverson and Lucinda Bibbs, business partners and recent graduates of Money Skills for Group Practice Owners, to talk through what it really looks like to manage cash flow during a summer slump while still honoring long-term vision, wellness, and expansion.“I think it's just that the clarity and the reassurance, right? That we're on the right track...knowing the numbers has really helped us make non-emotional decisions. And just having clarity on what's actually on the paper and what are those numbers actually telling us? They're telling us a story and they're holding up a mirror and they're allowing us to make changes and pivots as we, as we need to." - Stefanie IversonStef and Lucinda came into this conversation fresh off their first slower season since implementing Profit First—and instead of panic, they brought curiosity. We talked through how their profit account temporarily buffered operating expenses, what that revealed about their numbers, and how to proactively plan for next summer so slow seasons don't feel scary or reactive.Using Financial Clarity to Stay Grounded During Seasonal Revenue DipsWhat stood out most to me was how empowering it can be to replace “scrambling” with structure. When you know your numbers and intentionally build safety into your business, you give yourself permission to rest, plan, and make thoughtful decisions—even when revenue temporarily dips.(00:03:34) Navigating Profit Slumps & Business Growth Effectively(00:07:12) Savings Buffer Analysis to Prevent Pulling from Profit(00:12:29) Consistent Owner Draws and Keeping Profit Separate(00:16:06) Preparing for Economic Uncertainty and Anticipated Slow Seasons(00:20:58) Balancing Leadership and Growth with Work, Delegation, and Passions(00:26:45) Prioritizing Your Energy and Your Relationships(00:30:54) A Successful Partnership Built on Transparency(00:34:10) Evaluating and Expanding Services Offered(00:38:18) Tree Metaphor for Growth - With a Stable Trunk, Your Branches Can ReachStability First, Then Innovation: Growing Without Undermining the FoundationWe talked through how to experiment with offering new wellness services without neglecting the “main ship” of the group practice—and how to tell the difference between an idea that needs more time versus one that isn't financially aligned right now.Key Takeaways for Therapists Navigating Slow Seasons or Growth Build buffers before you need them. Aim to have 2–3 months of operating expenses in your account so seasonal dips don't trigger panic.Let stability lead. It's okay to temporarily prioritize cash reserves over profit distributions.Test new offerings slowly. Pilot, track results, and adjust before fully committing.Protect the core practice. New ideas are exciting, but the existing business needs consistent care.Communicate clearly with partners. Transparency reduces emotional decision-making and strengthens trust.Slow seasons don't mean you're doing something wrong—they're part of running a real business. With clear numbers, intentional buffers, and honest conversations, you can build a practice that feels both secure and flexible enough to grow in the directions that matter most to you.Ready to Improve your Business Money Skills?Are you a Solo Private Practice Owner? I made this course just for you: Money Skills for Therapists. My signature course has been carefully designed to take therapists from money confusion, shame, and uncertainty – to calm and confidence. In this course I...
Send a textIf everything still runs through you - decisions, approvals, follow-ups - it's not a motivation problem. It's an ownership problem.In this episode, I sit down with Mike Michalowicz, author of Profit First, Clockwork, and his newest, All In, to unpack why capable teams stall and what actually causes people to step up. We go far beyond culture, perks, or performance pressure and get into Psychological Ownership, the missing system behind self-managing teams, clean handoffs, and sustainable scale.Mike shares how high-performing organizations recruit A-players through education, build safety that unlocks real honesty, and design environments where people take responsibility without being managed into burnout. We also talk through why culture often fails, how community changes everything, and what it looks like to lead people with dignity through every season.If you're scaling, investing in systems, automation, and clarity, but still feel like the bottleneck, this conversation will reframe how ownership is created, sustained, and shared.Books MentionedProfit First by Mike MichalowiczClockwork by Mike MichalowiczFix This Next by Mike MichalowiczThe Pumpkin Plan by Mike MichalowiczSurge by Mike MichalowiczThe Toilet Paper Entrepreneur by Mike MichalowiczAll In by Mike MichalowiczIf you want to go deeper, Mike's work, books, and podcast can all be found at mikemotorbike.com, including free chapter downloads and his podcast Becoming Self-Made.Join Dr. William Attaway on the Catalytic Leadership podcast as he shares transformative insights to help high-performance entrepreneurs and agency owners achieve Clear-Minded Focus, Calm Control, and Confidence. Free 30-Minute Discovery Call:Ready to elevate your business? Book a free 30-minute discovery call with Dr. William Attaway and start your journey to success. Special Offer:Get your FREE copy of Catalytic Leadership: 12 Keys to Becoming an Intentional Leader Who Makes a Difference. Connect with Dr. William Attaway: Website LinkedIn Facebook Instagram TikTok YouTube
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In this episode of the Profit First for Real Estate Investing podcast, I sit down with Carter Lane from Unified Wealth to talk about one of the most overlooked tools in a real estate investor's financial toolkit: the self-directed IRA. Carter breaks down how business owners and investors can take control of their retirement funds, invest in what they know (like real estate), and build long-term, tax-advantaged wealth.We dive into how the traditional retirement model is failing most Americans, why Carter believes the “Wall Street path” is broken, and how Solo 401(k)s and checkbook IRAs can give entrepreneurs the flexibility and protection they need. If you've ever felt unsure about how your retirement savings are actually working for you, this episode will give you clarity—and action steps.Episode Highlights[0:00] – Introduction[1:48] – Carter's background and what led him to launch Unified Wealth[3:32] – How his mother's devastating retirement loss shaped his mission[6:17] – Why 85% of retirees go back to work within three years[8:44] – What exactly is a self-directed IRA—and what it is NOT[10:29] – The biggest myth about what you can invest in with retirement funds[13:11] – Custodial model vs. checkbook control: key differences[16:06] – Solo 401(k)s explained and why they're a game changer for business owners[18:27] – How you can legally “borrow” from your 401(k) to invest in your business[20:35] – The importance of financial education and investor control[23:41] – What Carter's weekly investor calls are all about[26:18] – How to reach Carter and take the first step toward financial freedom5 Key TakeawaysSelf-directed retirement accounts = investor control. You don't have to leave your wealth in Wall Street's hands.Solo 401(k)s offer powerful tax and funding advantages. Especially for entrepreneurs, these tools are often underutilized.Avoid the middleman with checkbook control. Unified Wealth's model simplifies access to your funds while staying compliant.The traditional retirement system is outdated. Most investors don't realize the risks until it's too late.Education is the differentiator. Unified Wealth leads with clarity and support, not complexity and jargon.Links & ResourcesSchedule a call with Carter: https://www.talktounified.com/pfLearn more about Profit First for REI: https://www.simplecfo.comIf this episode opened your eyes to how you could grow your retirement outside of Wall Street, please rate, follow, and review the podcast. And share it with another investor who needs to hear this strategy.
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In this episode, we dive into the unique financial challenges law firm owners face with Ben Hockema, CFP®, Founder and Lead Financial Advisor at Illuminate Wealth Management. As an award-winning Certified Financial Planner, Ben's work has been featured in The Wall Street Journal, The New York Times, and other leading publications. Ben is on a mission to help law firm owners and other business professionals move past the shame-based marketing that dominates the financial industry and replace money stress with clarity, confidence, and control. Through thoughtful strategy and education, he helps his clients build financial systems that support both their firms and their personal lives. Hit play to discover: Why running a law firm according to strong financial principles is harder than it looks. What the "Profit First" system is and which law firms benefit most from it. How bookkeeping and accounting for law firms differ from other businesses. From cash flow management to long-term planning, Ben explains how to identify where to spend, where to save, and how to design a financial roadmap aligned with your goals, values, and vision for the future. To learn more about Ben and his work, visit Illuminate Wealth Management now!
If you don't have cash reserves in your business, you're one bad month away from everything falling apart—and I don't want that for you. In this episode, I break down why cash reserves are the foundation of financial stability and how a lack of reserves quietly destroys otherwise good businesses.I share a real story of an investor who was doing meaningful work, growing fast, and still ended up having to shut everything down because cash wasn't under control. We talk about why reserves aren't built in one good month, how systems like Profit First make reserves automatic, and how building cash buffers gives you options, peace of mind, and real freedom as a business owner.Timeline Highlights:[0:00] Why a lack of cash reserves puts your entire business at risk[0:47] A real story of growth, cash crunches, and hard decisions[1:56] How not having reserves led to layoffs and shutting down[2:29] Why entrepreneurship requires systems for volatility[2:48] The first step: knowing your real numbers[3:08] Why Profit First prioritizes profit and reserves[3:48] The danger of “sales minus expenses equals profit”[4:20] How reserves create options and peace of mind[5:13] Why cash issues cause stress, conflict, and bad decisions[5:44] The difference between fear-based decisions and calm leadership[6:24] Giving every dollar a name with Profit First[7:29] How reserves are built automatically, not accidentally[8:34] Why reserves let you make decisions from opportunity, not fear[9:25] Why reserves are a habit, not a one-time eventKey TakeawaysCash reserves protect your business from volatility and uncertainty.Most business failures come from cash issues, not bad ideas.Reserves give you options, confidence, and decision-making power.Profit must be prioritized before expenses—not after.Profit First builds reserves into every sale automatically.Financial peace comes from systems, not hope.Reserves are built through consistent habits, not one great month.Links & ResourcesBook a free discovery call and build real cash reserves in your business: profitrei.comClosingThanks for spending time with me today. If this episode helped you see why cash reserves matter so much, make sure to follow the show, leave a review, and share it with another business owner who's riding the cash-flow roller coaster. And if you're ready to build real financial stability with guidance and accountability, visit profitrei.com and book your free discovery call to start creating clarity and freedom in your business.
En este episodio exploramos la paternidad consciente a través del curioso caso de Dinamarca, uno de los países con mayor índice de felicidad en el mundo. Analizamos qué hacen diferente en la crianza y cómo su enfoque impacta en la seguridad emocional, la confianza y el bienestar de las personas desde la infancia. Un capítulo que invita a cuestionar los modelos tradicionales de educación y a reflexionar sobre cómo una crianza más consciente no solo forma mejores hijos, sino sociedades más equilibradas y felices. 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.
Grow My Accounting Practice | Tips for Accountants & Bookkeepers to Grow Their Business
Show Summary: In this Insider's Access episode of the Grow My Accounting Practice podcast, hosts Ron Saharyan, Liz Szporn, and Mike Michalowicz explore what it takes to scale advisory services in 2026 without burning out. They challenge firm owners to make the "CEO Pivot," stepping out of the technician role and into true leadership, even in an AI-driven world. The conversation highlights why empathy and human connection have become competitive advantages as automation takes over precision work. The hosts unpack how to price and position advisory through a Tiered Service Model, why burnout persists even when Profit First is in place, and how firms must shift from reporting on the past to guiding clients toward the future. The episode also addresses avoiding shiny object syndrome with tech, letting go of the wrong clients to grow into the CEO role, and building scalable teams of "Guides" so advisory doesn't rely solely on the owner. They close by defining the firms that will thrive in 2026: those that combine the Profit First mindset with critical thinking, human connection, and intentional leadership. Website:https://profitfirstprofessionals.com/ LinkedIn:https://www.linkedin.com/company/profit-first-professionals Facebook:https://www.facebook.com/ProfitFirstProfessionals/ Instagram:https://www.instagram.com/proud_to_be_profitable TikTok:https://www.tiktok.com/@profitfirstpros YouTube:https://www.youtube.com/@ProfitFirstProfessionalsInc. Corporate Partner:People Processes - https://peopleprocesses.com/ Profit First App Version 2.0 is here! More Education. More Functionality. More Profit!
Book your FREE financial discovery call at ProfitREI.comIn this episode of the Profit First for Real Estate Investing podcast, I sit down with Leon Barnes—real estate investor, coach, and long-time leader at Collective Genius. Leon shares his journey from sports journalism and corporate sales into building a 65+ door portfolio in Kansas—all while working full-time and growing alongside a strong investing community.We talk about what it really takes to build wealth slowly and intentionally, the difference between chasing “door goals” and actual profit, and how Leon leaned into community and personal development as much as business strategy. This episode is a reminder that real estate isn't a race—it's a tool to build the life you want.⸻Episode Highlights[0:00] – Leon's journey from sports broadcasting to corporate sales to real estate investing[3:50] – Building his first few rentals while still working full-time[6:03] – How being bankable gave him a financial runway most new investors don't have[8:44] – Why he grew to 75 doors—and intentionally scaled back to 65[10:12] – The birth of Collective Genius and how it grew into a values-driven community[13:00] – The problem with chasing someone else's goals[15:22] – Short-term goals as a long-term strategy: why they matter[18:09] – The connection between personal development and business growth[20:41] – The importance of being intentional with your time, money, and community[24:26] – Leon's final thoughts on playing the long game in both business and life⸻5 Key Takeaways 1. Real estate doesn't have to be rushed. Leon built his portfolio slowly while working full-time, proving that patience pays. 2. Being bankable opens doors. Keeping your W-2 income for a while can give you more financing options early on. 3. More doors ≠ more freedom. Scaling down can sometimes increase profitability, focus, and peace. 4. Community matters. The right peer group will challenge you, keep you grounded, and help you grow. 5. Define success on your terms. Whether it's 10 doors or 100, know what you're building and why.⸻Links & Resources • The Collective Genius: https://explorecg.com • Listen to the CG Podcast: https://thecgpodcast.com • Learn more about Profit First for REI: https://www.simplecfo.comIf this episode helped you reframe your real estate goals or inspired a new path forward, please rate, follow, and review the podcast. And share it with someone who needs a reminder that slow and steady still wins.
Rising inflation has turned everyday expenses into a constant source of stress, leaving millions of people stuck living paycheck to paycheck and wondering if they'll ever feel truly "okay" with money. While traditional budgeting plans promise control, they often deliver guilt and overwhelm instead. That's why I'm excited to be joined by Mike Michalowicz, bestselling author of 11 financial books, including the mega-bestseller Profit First, to talk about his newest book, The Money Habit: The Worry-Free Way to Financial Independence. Mike's helped over a million people build real financial peace, and in this conversation, he breaks down what "financial independence" actually means and why the "financial freedom" fantasy can leave you feeling disappointed. We talk about why most people are naturally wired to spend their paycheck fast (and the surprising behavioral science behind it), why budgeting fails for so many people, and the simple "behavioral intercept" that makes managing money feel almost automatic. Mike walks through his foundational account system—how to split your money into clear, purpose-driven buckets so you always know what you can spend, what you're saving, and what's already protected. And make sure you listen until the end, because Mike explains how to get started even if you're living paycheck-to-paycheck or drowning in credit card debt that instantly creates clarity, control, and momentum without requiring you to become a "money person" overnight. KEY TAKEAWAYS The Money Habit For Financial Independence "Never Worry" (About Managing Money) Why These Methods Work for Anyone Making More Money Doesn't Solve Problems Why We're Wired To Spend Paychecks The Six Foundational Bank Accounts A Tip For Your Mini-Luxury Account Why Budgeting Fails Most People How To Get Started If You're Broke Tips for Tackling Debt Issues How to Address Your Biggest Financial Concerns Where To Get Mike's New Book, The Money Habit Get The Full Show Notes To get full access to today's show notes, including audio, transcript, and links to all the resources mentioned, visit MiracleMorning.com/623 Subscribe, Rate & Review I would love if you could subscribe to the podcast and leave an honest rating & review. This will encourage other people to listen and allow us to grow as a community. The bigger we get as a community, the bigger the impact we can have on the world. To subscribe, rate, and review the podcast on iTunes, visit HalElrod.com/iTunes. Connect with Hal Elrod Facebook Twitter Instagram YouTube Copyright © 2026 Miracle Morning, LP and International Literary Properties LLC
How to Grow Your Floral Business Revenue (Without Guessing or Burning Out)Growing your floral business revenue doesn't start with hustling harder — it starts with clarity.In this episode, Jen breaks down how to intentionally grow revenue by looking at what's already working, identifying where your biggest opportunities live, and creating a strategy rooted in facts — not feelings.After a full month of deep coaching sessions and mastermind strategy calls, one thing became crystal clear: florists who grow sustainably understand their numbers, track their revenue intentionally, and make decisions like CEOs.If you've ever said:“I want to make more money, but I don't know where to start”“I'm booked, but I'm not profitable”“I feel busy but unsure if I'm actually growing”This episode is for you.In this episode, you'll learn:Why “I want to grow by 10%” is not a strategy — and what to do insteadHow to break down your revenue by category (weddings, funerals, corporate, a la carte, etc.)How to identify which part of your business has the most growth potentialTwo main ways to grow revenue:Increasing your average order valueIncreasing the number of aligned clientsHow small pricing adjustments (delivery, setup, labor, service fees) can unlock thousands in revenueWhy tracking and forecasting your weddings changes how you make decisionsHow upsells, thoughtful design suggestions, and month-out calls can increase revenue without more bookingsWhy paying yourself should be a forethought, not an afterthoughtHow cutting expenses and improving margins can increase take-home pay without more workWhy running your business on data (not vibes) is a CEO moveKey takeaways:✔ Revenue growth comes from reflection + forecasting✔ You don't need more bookings — you need better strategy✔ Knowing your numbers gives you power, confidence, and options✔ Paying yourself is non-negotiable — this is a business, not a hobbyTools & resources mentioned:Profit First (book & audiobook)Simple revenue tracking spreadsheetsForecasting your booked weddings throughout the yearReady for support?If this episode made you realize you need help building a real growth strategy, Jen offers:1:1 private coaching sessions Coaching Call-1 hr. $ - Jeni BechtThe Floral CEO Mastermind — monthly strategy, Q&A, and CEO-level support
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 you feel like you're working around the clock only to watch leads slip through your fingers, we need to talk. This week, I'm breaking down how to stop letting your automated "systems" act as a barrier to your profit and how to start leading your sales with the confidence and connection your premium services deserve. 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/sales-funnel-bleeding-cash/=========================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
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If your revenue is growing but your profit isn't, your business isn't scaling—it's sinking. In this episode, I break down why “growth at all costs” is one of the most dangerous mindsets for business owners and how I learned that lesson the hard way while scaling a high-volume real estate company.I walk through why revenue alone doesn't create freedom, how hiring, systems, and expansion can quietly kill your margins, and what it actually takes to grow profitably. We talk about building profit into the business from the start, using systems like Profit First, and why focusing on what you keep—not just what you make—is the only way to scale without burning out or going broke.Timeline Highlights:[0:00] Why growing revenue without profit is a losing strategy[0:47] Scaling deal volume fast—and why the bottom line never showed up[1:27] The difference between making money and building a real business[2:07] Why “I want to scale” usually means “I want more freedom”[2:56] How hiring and growth can quietly destroy profit margins[3:36] Why higher revenue doesn't automatically mean higher profit[3:58] What actually protects your bottom line as you scale[4:23] Why Profit First forces profitability into your business[5:38] Why bookkeepers and CPAs don't protect margins[6:10] Using systems and accountability to scale profitably[7:54] Revenue is vanity, profit is sanity, and cash is king[9:24] Why intentional cash allocation is required to grow[10:05] The real reason business owners feel broke as they scaleKey TakeawaysRevenue growth without profit is not real scaling.Freedom comes from what you keep, not what you make.Hiring and expansion must be planned around profitability.Profit must be designed into the business—not hoped for later.Systems like Profit First force discipline as revenue grows.Scaling profitably requires focus, structure, and accountability.Without intentional cash allocation, growth will control you.Links & ResourcesBook a free discovery call and get help scaling profitably: profitrei.comClosing:Thanks for spending time with me today. If this episode helped you rethink how you grow your business, make sure to follow the show, leave a review, and share it with another business owner chasing growth. And if you're ready to scale revenue and protect your profit with real guidance and accountability, visit profitrei.com and book your free discovery call to start building financial clarity and freedom.
En este episodio nos adentramos en el mundo de las empresas familiares para descifrar los patrones, retos y oportunidades que las hacen únicas. Hablamos de por qué muchas enfrentan conflictos, estancamiento o desorden, y qué las diferencia de aquellas que logran trascender generaciones. Descubrirás cómo separar familia y empresa sin perder el corazón del negocio, crear reglas claras y construir una estructura que permita crecimiento, armonía y continuidad a largo plazo. 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.
Succession planning isn't just about paperwork—it's about trust, timing, and knowing when to let go. Susan Kussin Tompkins shares her 32-year journey at Kent Countryside Nursery & Landscaping, from unexpected tragedy to a proud, intentional transition. She discusses implementing Profit First across two revenue streams, using winter downtime strategically, and why starting succession conversations earlier make everything easier. This is real talk from a business owner who's preparing to watch her legacy thrive in the next generation's handsToday's Podcast is brought to you by Spartan Digital Marketing
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 a question for you: if your bookings doubled tomorrow, would your business soar or would it completely snap? Most of us are stuck in the "hustle" trap of undervaluing our time, but more bookings won't fix a broken system—they'll only expose it.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/break-your-wedding-business-scaling/=========================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
As therapists, most of us were never taught how to run a business—let alone how to manage money, payroll, hiring, or leadership in a way that's both ethical and sustainable.Licensed therapist and group practice owner Gordon Brewer and I talk openly about money mindset, generosity, boundaries, hiring mistakes, and what it really takes to create a financially sustainable group practice without burning yourself out or sacrificing quality of care.If you identify as a people-pleaser, an over-giver, or a “nice” leader who are quietly paying the price for unclear boundaries, this episode is for you.Gordon opens up about what didn't work when building his group practice, what had to change, and how learning to lead with clarity—rather than guilt—ultimately benefited both his team and his business.“Being kind means setting expectations and boundaries, so people know what to expect. Being nice often means avoiding those conversations—and that's where things fall apart.” — Gordon BrewerMistakes Made and Lessons Learned: Building a Sustainable Group PracticeGordon shares how over-giving with compensation, avoiding hard conversations, and underestimating the importance of clear financial systems led to stress and instability in his practice. Through hiring missteps, money mindset work, and implementing Profit First, he learned that sustainable leadership requires clarity, boundaries, and a willingness to course-correct.(00:04:16) Gordon's Journey to Owning a Group Practice and Hosting a Podcast(00:09:37) Sustainability Over Generosity: Lessons in Business(00:13:08) Navigating Money Stigma in Group Practice Ownership(00:17:51) Money Management and Hiring Lessons(00:20:05) How Boundaries and Values Shape Your Success with Finances(00:23:39) Parenting: Commands Disguised as Questions(00:27:03) Employee Benefits vs. Contracting(00:31:07) Planning for Financial Stability and Rebuilding a Sustainable Practice(00:36:43) How to Avoid Over-Giving in Your Private PracticeBuilding a Practice That's Generous and SustainableGordon's reflections highlight a truth I see again and again in my work with therapists: sustainability doesn't come from good intentions alone. It comes from aligning your values with clear business decisions, financial transparency, and leadership that supports everyone involved—including you.Key takeaways you can apply right now: Run the numbers before calling something “generous.”High splits, low fees, or extra perks aren't generous if they put your practice at risk. Sustainability is what allows generosity to continue.Being “nice” can quietly lead to burnout.Avoiding boundaries and hard conversations may feel compassionate in the moment, but it often creates resentment and instability over time.Kind leadership is clear leadership.Setting expectations upfront—and holding people to them—is one of the most respectful things you can do for your team.Money stories shape business decisions more than we realize.Beliefs about greed, selfishness, or worthiness often come from family or faith backgrounds and deserve to be examined—not blindly obeyed.It's never too late to course correct.Gordon's willingness to rebrand, rebuild systems, and restructure his business model created a healthier practice that better served everyone involved.If you're noticing patterns of over-giving, financial stress, or people-pleasing in your practice, I hope this episode helps you feel less alone—and more empowered to lead with clarity and confidence. Sustainable, ethical business decisions aren't a betrayal of your values. They're how you protect them.Ready to Improve your Business Money Skills?Are
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this conversation, David Richter shares his extensive experience in real estate investing and emphasizes the importance of understanding the money game. He discusses how many investors lack a solid business plan and often focus solely on closing deals without considering overall profitability. Richter advocates for implementing cash flow systems, such as the Profit First approach, to build cash reserves and achieve financial freedom. He also touches on the concept of geographical arbitrage as a potential solution for housing affordability and stresses the need for financial awareness among investors. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
Things are suddenly moving fast at Sarah Segal's San Francisco PR firm. Several new clients look likely to sign on, and for the first time in a while, growth feels real. Which leaves Sarah with a familiar, nerve-racking question: Do you hire before the work arrives—or wait until the revenue is actually in the door? If she hires now, she may have to cut her own pay until the new business materializes. And there's no guarantee it will. She still remembers the last downturn, when she had to lay off people she cared about—and she's determined not to repeat that experience. But if she waits and the clients do sign, she risks something else: overloading her existing team, burning people out, and falling behind before she can recruit and train new hires. The pressure is even higher because Sarah has already set an aggressive revenue goal for 2026.Plus: Jaci Russo explains why she's adopted a different approach to planning and budgeting. Instead of guessing how much she can afford to spend, Jaci is changing the order of the math. After revisiting Mike Michalowicz's Profit First—prompted by a story highlighted in the 21 Hats Morning Report—she's begun setting profit targets first and forcing every other decision, including hiring, to fit around them. It's only been a few weeks, but Jaci says the shift is already changing how she thinks about risk, growth, and what she can actually afford.
Most franchise owners don't fail because of the business model—they fail because they optimize for the wrong thing. In today's episode, Hunter Mitchem breaks down the profit-first mindset that traps thousands of single-unit franchisees…and how multi-unit owners think completely differently. You'll learn: – Why your first location's "perfect margins" might be costing you long-term freedom – The mindset shift Hunter made to scale aggressively – How he opened 16 locations in 24 months – Why building a team early beats running lean – How real estate, franchising, and home services all compound – The real difference between owners who stay stuck…and owners who scale Whether you're a new franchisee or already dreaming about multi-unit ownership, this episode gives you the clarity, frameworks, and mental models to finally break through. Timestamps: 0:29:54 — The Profit-First Trap That Almost Held Us Back 0:30:45 — The Fundamental Reset Every Multi-Unit Owner Must Make 0:31:15 — Why We Stopped Optimizing for Day-One Profit 0:32:15 — When Opening More Units Makes You Worse…Before It Makes You Better 0:31:44 — How We Built a Team That Could Open Studios Without Us 0:14:18 — The ADHD + Anxiety Advantage in Entrepreneurship 0:09:12 — The Banking Strategy Behind Opening 16 Locations in 24 Months 0:07:14 — How Real Estate Became the Fuel for Every New Franchise We Opened 0:22:58 — Why We Built a Multi-Brand Wellness Platform Instead of Staying Small 0:18:21 — The Moment I Realized I Couldn't Scale Until I Learned to Delegate Connect with Erik Van Horn:
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In this episode of the Profit First for Real Estate Investing podcast, I sit down with Jordan Mederich, founder of Revatto, to explore how mastering retention and reducing churn can massively increase your business value—especially if you're eyeing an exit. Jordan's journey from performing magic tricks to building and selling businesses with recurring revenue is anything but ordinary. We talk about what real estate investors can learn from subscription businesses and how landlords can build tenant loyalty that pays off long term.Jordan breaks down practical, repeatable ways to keep customers—and tenants—engaged for the long haul. Whether you're scaling a coaching business, SaaS platform, or a rental portfolio, the strategies we cover in this episode are essential listening if you're looking to create predictable profit and long-term success.Episode Highlights:[0:00] - Why recurring revenue is the “purest” form of business[4:35] - The origin of Revatto: born out of churn-related deal collapses[6:01] - A 24-year-old's churn reduction success story and multi-million-dollar exit[8:12] - The #1 mistake that causes customer or tenant turnover[10:31] - How your first payment cycle sets the tone for retention[12:36] - “Surprise and wow”: How landlords can radically increase tenant loyalty[15:14] - The real cost of ignoring retention: turnover headaches and lost profit[16:49] - Why even busy owners should find time to make retention personal[19:07] - How we've used client onboarding calls to strengthen relationships[20:54] - Retention mindset for wholesalers and flippers with recurring buyers[23:03] - Why filtering for the right clients or tenants matters more than you think[27:09] - A full-circle retention recap and actionable takeaways you can implement today5 Key TakeawaysRecurring revenue isn't optional—it's foundational. One-time transactions are unstable; real profit comes from long-term relationships.Retention starts at acquisition. Filtering for the right clients or tenants is the first defense against churn.You have one cycle to impress. Whether it's a client or tenant, you've got one “billing period” to create a positive, memorable experience.Surprise and wow wins. Go above and beyond with personal touches. It doesn't cost much but builds major loyalty.You can systematize retention. Whether it's onboarding calls, personalized videos, or gift baskets—these processes can be delegated and scaled.Links & ResourcesLearn more about Revatto: https://www.revatto.comWork with Simple CFO: https://www.simplecfo.comIf you enjoyed this episode, please be sure to rate, review, follow, and share the podcast. Your support helps us continue bringing clarity, cash flow, and consistent profit to real estate investors like you!
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Tickets to the Two-Brain Summit are $200 off until Feb. 1. Get yours via the link below!This year's headliner: Mike Michalowicz, entrepreneur and author of multiple bestsellers, including “The Pumpkin Plan,” “Profit First,” “Clockwork” and “Get Different.”Today on “Run a Profitable Gym,” Mike joins Two-Brain CEO John Franklin to explain why most gyms are swimming in a sea of sameness, invisible to potential clients. And of course Mike has a clear plan to make a fitness business stand out and force people do a "double neck turn" when they see it.You'll learn the psychology behind what grabs people's attention versus what our brains filter out and ignore.Mike shows gym owners how to look for new ideas outside the fitness industry and shares a real-world example of a microgym that differentiated its marketing and quadrupled foot traffic overnight.He also reveals the “magical, Jedi-mind-trick question” you can ask ideal members to learn what truly sets your gym apart. Then you amplify your advantage to attract more "perfect clients."The key? Stop trying to be “better” and start being different. Don't miss out on your chance to hear from Mike Michalowicz at the 10th annual Two-Brain Summit this June in Chicago. Save $200 on your ticket now through Feb. 1—link below!LinksTwo-Brain Summit TicketsGym Owners UnitedBook a Call0:56 - “The sea of sameness”3:36 - Example & where to find ideas8:20 - What do your clients notice?17:11 - Framework for effective marketing21:25 - Why define a specific audience?
In this episode of The Dirt on Flowers, Lyndsay and Shannon are joined by Holly Clawson to break down Profit First and why it's such a game-changer for flower farmers and other seasonal businesses. They talk about cash flow, paying yourself, and how to stop running your farm on financial guesswork.Holly shares her perspective as both a Profit First professional and a farmer, explaining how simple bank account systems can bring clarity, reduce stress, and help you build a business that actually supports your life.Learn more about todays guest Holly Clawson: Website and FacebookBe in the know for DirtCon 2027Did you love today's episode?Take a screenshot and share it in your IG stories. Don't forget to tag @dirtonflowers!Leave us a rating and review on Apple Podcasts!Head to www.thedirtonflowers.com to sign up for our newsletter and become a Dirt on Flowers insider!Want to learn more about your hosts? Follow us on Instagram!Lyndsay @wildroot_flowercoShannon @bloomhillfarm
Starting a private practice with a limited budget can feel daunting—but with the right plan, $3,000 can go further than you think! In this episode, Julie Herres shares exactly how she'd launch a new practice if she had $3,000 to spend. Discover the must-haves, the smart shortcuts, and the areas where a little investment makes a big difference.Listen to DiscoverWhat to prioritize with a $3,000 start-up budgetWhat tasks are worth outsourcing (and which to DIY!)Practical advice on physical space, software, and keeping expenses leanUnderstand the real timeline for getting up and runningHow to avoid common money traps when launching your practiceLinks and Resources TherapyFlow CRM: https://crm.mytherapyflow.com/ Upwork https://www.upwork.com/ Fiverr https://www.fiverr.com/ Vistaprint: https://www.vistaprint.com/ Meg Business All-in-one billing, credentialing and front desk solutions: https://www.megbusiness.com/ Google Business Address Verification Guidelines For Your New Location: https://help.relentless-digital.com/google-business-address-verification-guidelines-for-your-new-locationWhy You Need a Physical Office Address to Claim a Profile: https://succeedingsmall.co/google-my-business-guidelines-for-small-businesses-why-you-need-a-physical-office-address-to-claim-a-profile/Money for Therapists Practice Startup - https://www.greenoakaccounting.com/startup GreenOak Accounting - www.GreenOakAccounting.com Therapy For Your Money Podcast - www.TherapyForYourMoney.com Profit First for Therapists - www.ProfitFirstForTherapists.com Profit First Academy - www.ProfitFirstForTherapists.com/Academy Podcast Production and Show Notes by Coursecreationstudio.com
You could be losing money right now—not because you're not making enough, but because the wrong financial seat is filled in your business. In this episode, I break down what a fractional CFO actually does and why relying only on a bookkeeper or CPA can quietly hold you back from real financial freedom.I explain the key differences between compliance and leadership, why growing businesses are often too big not to have a CFO but too small for a full-time one, and how a fractional CFO helps you keep more of what you make, scale profitably, and make confident decisions with your money. If you've ever felt like you're doing all the work but not seeing the payoff, this episode will bring a lot of clarity.Timeline Highlights[0:00] What a fractional CFO is and why most business owners misunderstand the role[1:05] Why small businesses are too small for a full-time CFO—but too big to ignore the numbers[1:25] The real difference between a CFO, a bookkeeper, and a CPA[2:31] What business owners actually want from their businesses[3:22] How a fractional CFO helps businesses under and over $500k in revenue[4:01] The three-part financial foundation every business needs[4:57] A real example of scaling deal volume without profitability[5:56] Why making money and keeping money are two different skills[6:58] Why a CFO must speak entrepreneur language, not accountant language[8:28] The accountability gap most business owners don't realize they have[9:25] How a CFO helps you pay yourself, plan for taxes, and reduce stress[11:30] The true role of a CFO in building long-term financial freedomKey TakeawaysA fractional CFO is a financial leader focused on profitability and decision-making.Bookkeepers and CPAs focus on compliance, not guiding your business forward.Growing businesses need systems for cash, profit, and forecasting—not just reports.A CFO helps you scale profitably instead of growing into chaos.Financial clarity comes from strong foundations, dashboards, and accountability.Many owners need permission and structure to consistently pay themselves.When someone on your team is focused solely on profitability, results improve faster.Links & Resources:Book a free discovery call and see if a fractional CFO is right for your business: profitrei.comClosingThanks for spending time with me today. If this episode helped you understand the difference between a CFO, a bookkeeper, and a CPA, make sure to follow the show, leave a review, and share it with another business owner who's trying to scale without burning out. And if you're ready to apply what we talked about with real guidance and accountability, visit profitrei.com and book your free discovery call to start building financial clarity and freedom.
En este episodio hablamos de cómo planear el crecimiento de tu empresa para evitar uno de los errores más comunes y costosos: el over staffing, es decir, contratar personal de más sin una estrategia clara. Un problema que afecta la rentabilidad, el flujo y la salud del negocio. Descubrirás cómo crecer con orden, alineando estructura, procesos y finanzas, para que tu empresa se expanda de forma sostenible, sin cargarla de costos innecesarios ni perder el control. 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.
Are you leaving thousands on the table with taxes? What if lowering taxes and saving profit happened at the same time — automatically?In this episode of The Business Ownership Podcast I interviewed Shauna A. Wekherlein. In this episode of the Boss Your Business podcast, we dive deep into the world of tax strategies with our special guest, Shana A. Wekherlein CPA, a renowned tax strategist and expert. Join us as Shana shares her valuable insights and expert advice on how business owners can transform their tax burden into a strategic tax advantage.Discover the power of proactive tax planning and learn how to leverage smart tax strategies to minimize tax liabilities, maximize savings, and ultimately boost your bottom line. Shana's extensive experience and deep understanding of the tax landscape will provide you with practical tips and actionable strategies that you can implement right away.Want to keep more of what your business earns? Learn how Profit First systems, paired with smart tax planning, help business owners pay themselves first, reduce taxes, and build sustainable profit. Shauna shares how the Cash Goblin app automates it all — making financial management easy. Learn how to reduce taxes & increase profit and savings. Check this out!Cash Goblin App: https://www.cashgoblin.com/Tax Goddess Website: https://taxgoddess.com/growth-team/Shauna on LinkedIn: (1) Shauna A. Wekherlien | LinkedInBook a call with Michelle: https://go.appointmentcore.com/book/IcFD4cGJoin our Facebook group for business owners to get help or help other business owners!The Business Ownership Group - Secrets to Scaling: https://www.facebook.com/groups/businessownershipsecretstoscalingLooking to scale your business? Get free gifts here to help you on your way: https://www.awarenessstrategies.com/
We are delighted to welcome another incredible entrepreneur from our industry today. Andrew Coehlo, co-founder of Monte & Coe, joins us to share the fantastic story of his journey into corporate gifting. Stay tuned to hear about Andrew's entrepreneurial journey, his experiences, and the insight he has to share. Andrew's Journey into Entrepreneurship After beginning his career in corporate finance, Andrew realized the environment did not suit his creative nature. Bureaucracy, resistance to change, and working in isolation drained his energy. And then, a confidence issue with an unattractive gym bag sparked the idea that eventually became Monty & Coe. With his wife's support and inspired by entrepreneurs around him, Andrew left the corporate world at 30 to focus on his business. High-quality Corporate Products The brand began with the singular purpose of creating products that make people feel confident and proud. Early designs were rough, but the intent was genuine. They committed to excellent craftsmanship, using only high-quality, authentic, natural, and sustainable materials. Crowdfunding In 2015, the company launched a crowdfunding campaign, raising $80,000 while Andrew was still employed. The campaign validated both the product and people's willingness to buy premium goods online. It also taught their team how to market, sell, and distribute directly to customers. Shifting to Corporate Gifting Corporate interest emerged organically as companies began requesting gifts for executives and teams. Although he was initially hesitant, Andrew recognized how impersonal, generic, and disconnected from effort or achievement most corporate gifting felt. So his brand pivoted toward elevating corporate gifting into something meaningful and memorable. Turning Gifting Into an Experience The business evolved from selling products to selling experiences, focusing on personalization, choice, and emotional impact. They made gifting less about logos and more about how recipients felt, aligning perfectly with the brand's original mission of confidence and appreciation. Taking the Leap Andrew eventually left his corporate job. His decision was not impulsive as it was backed by savings, planning, and lifestyle adjustments. Entrepreneurship Entrepreneurship brought constant pressure for Andrew, even during the company's strongest years. Cash flow scares, late payments, and the responsibility of supporting a growing team created intense stress. His role as a founder became more about solving new problems every single day. Why Cash Flow and Margins Matter More Than Revenue Revenue alone does not sustain a business. Cash flow determines whether you survive, and margins determine how sustainably you can grow. Examining businesses across various industries, Andrew saw that smaller, higher-margin companies often outperform larger, volume-driven ones. Adopting systems like Profit First brought structure and discipline to his money management. Community and Long-Term Perspective The events and incentives industry proved far more supportive and relationship-driven than Andrew expected. Rather than being cutthroat, people were open, generous, and willing to collaborate. The company's long-term success was built on a foundation of trust, consistent service, and a commitment to delivering quality rather than chasing quick wins. Bio: Andrew Coelho is the co-founder of Monte & Coe, a luxury accessories brand redefining what corporate gifting can be. After years in the corporate world receiving forgettable, logo-first gifts, Andrew began questioning why gifting at scale felt so impersonal, wasteful, and disconnected from the people it was meant to recognize. What started as a side hustle became a full-time pursuit after Andrew famously resigned from his corporate role on his honeymoon in Tokyo. Since then, he has focused on applying direct-to-consumer standards, craftsmanship, and intentional design to an industry that often prioritizes convenience and budget over meaning. Andrew believes that gifting is not about products, but about moments, memories, and respect. His work challenges leaders to rethink how appreciation shows up in their organizations, shifting gifting from a transactional expense to a strategic signal of values. Through Monte & Coe, Andrew helps companies move beyond generic swag and toward gifting experiences that people actually keep, use, and remember. His perspective sits at the intersection of brand, leadership, and human connection, making him a sought-after voice on modern workplace culture, thoughtful design, and the hidden impact of well-executed small decisions. Connect with Eric Rozenberg On LinkedIn Facebook Instagram Website Listen to The Business of Meetings podcast Subscribe to The Business of Meetings newsletter Connect with Andrew Coehlo On LinkedIn Monte & Coe Corporate Gifting
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In this episode, I sit down with business attorney Chris Johnsen, who brings a refreshingly honest take on when investors really need legal help—and when they don't. With a background in real estate, litigation, and corporate counsel, Chris knows firsthand how legal blind spots can cost you big. But he also gets the hustle. He's not here to sell legal services you don't need—he's here to help you think like a business owner.We dive into when to engage a lawyer (hint: not always day one), what contracts investors mess up the most, and the risks of using boilerplate docs or DIY operating agreements. Chris also tackles hot topics like non-competes, asset protection, and the legal lines you might be crossing without even realizing it—especially in syndications.Episode Highlights[0:00] – Chris shares his journey from real estate to law and why he's a businessperson first[5:03] – How the 2008 crash redirected his path and made him a litigation expert[6:56] – The unexpected upside of being both a transactional and litigation attorney[9:25] – Why the “school vs. entrepreneurship” debate is missing the real question[12:40] – What makes a law degree valuable—and how to think about ROI in education[13:46] – Why cash is underrated, and how it gives you leverage in business and investing[15:11] – Real estate can create freedom—but it takes a lot more than just doors[17:16] – Most common legal issues investors bring to Chris's firm[19:05] – Corporate structure and asset protection: the basics you must get right[21:06] – What's happening with non-compete laws and why it matters to business owners[22:30] – DIY contracts, LegalZoom templates, and when it becomes a $20K problem[23:21] – Operating agreements: why they're not just “boilerplate” documents[24:10] – Syndications and securities law: the big legal risk investors overlook[27:11] – The million-dollar mark: when you should really start investing in legal infrastructure[31:13] – How to connect with Chris and book a free 15-minute consult5 Key TakeawaysYou don't need a lawyer for everything—but you better get the operating agreement right. It's not just paperwork. It's the contract that holds your business together.DIY legal is fine—until it's not. Contracts, partner agreements, and syndications are where most investors go wrong.Forming an entity is simple. Scaling with structure isn't. Corporate governance matters more as you grow.Syndications trigger securities laws. If you're raising capital, you need a securities attorney—not just a real estate one.Once your business hits seven figures, legal issues multiply. That's when it's time to audit what you've built—and protect what you've earned.Links & ResourcesBook a free consult with Chris: https://www.johnsenlaw.comLearn more about Profit First for real estate investors: https://www.simplecfo.comIf this episode gave you clarity on how and when to protect your real estate business, make sure to rate, follow, and review the podcast. And share this with an investor who might be one contract away from a $20K mistake.
In this episode of "The Dirt on Flowers," Lyndsay and Shannon discuss the "Profit First" financial management method by Mike Michalowicz. They share personal experiences as flower farm owners, highlighting challenges with cash flow, taxes, and mindset shifts needed for sustainable profitability. The hosts explain how prioritizing profit, using multiple bank accounts, and disciplined money management transformed their businesses. They also introduce their new Dirt on Flowers Insider Group, offering resources and community support to help flower farmers implement these strategies and build financially healthy, rewarding businesses.Be in the know for DirtCon 2027Did you love today's episode?Take a screenshot and share it in your IG stories. Don't forget to tag @dirtonflowers!Leave us a rating and review on Apple Podcasts!Head to www.thedirtonflowers.com to sign up for our newsletter and become a Dirt on Flowers insider!Want to learn more about your hosts? Follow us on Instagram!Lyndsay @wildroot_flowercoShannon @bloomhillfarm
Wholesaling and buy-and-hold are not the same business—so why do so many investors track them the same way? In this episode, I break down how money actually flows differently between wholesaling, fix-and-flip, and buy-and-hold strategies, and why lumping everything into one set of numbers can quietly destroy your profits.I walk through real examples of investors unknowingly using rental cash flow to prop up losing wholesale or flip operations, the legal and financial risks of mixing strategies, and exactly what you should be tracking for each model. If you're using wholesaling as your cash engine and buy-and-hold as your long-term wealth play, this episode will help you stop guessing and start making intentional decisions with your money.Timeline Highlights:[0:00] Why wholesaling and buy-and-hold should never be tracked the same way[1:21] The danger of lumping multiple strategies into one set of financials[1:51] The legal and liability risks of mixing wholesale and rental operations[2:56] Wholesale as a cash machine vs. buy-and-hold as a wealth builder[3:35] A real example of rentals silently covering wholesale losses[4:42] The three simplest numbers every strategy must track[5:21] Why buy-and-hold profits don't always match bank balances[6:06] How Profit First brings clarity to both strategies[7:35] What wholesalers must track to avoid reinvesting everything[8:51] Marketing ROI vs. equity growth—what matters for each strategy[10:30] Using strategy-specific tracking to escape the rat raceKey TakeawaysWholesaling and buy-and-hold are fundamentally different businesses with different money flows.Combining multiple strategies into one financial view creates blind spots and risk.Wholesaling is primarily a cash and marketing business, not a wealth strategy.Buy-and-hold success depends on true cash flow, debt service, and equity growth.Rentals can silently subsidize losing wholesale or flip operations if not tracked separately.Profit First helps clarify what you make, spend, and keep in each strategy.Tracking the right numbers allows each strategy to stand on its own financially.Links & ResourcesBook a free discovery call and get help structuring your numbers by strategy: profitrei.comClosing:Thanks for spending time with me today. If this episode helped you see the difference between wholesaling and buy-and-hold more clearly, make sure to follow the show, leave a review, and share it with another investor who's running multiple strategies. And if you're ready to apply what we talked about with real guidance and accountability, visit profitrei.com and book your free discovery call to start building true financial clarity and freedom.
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 know you're likely coming off a long wedding weekend feeling a bit drained, but if your 2026 leads are starting to feel like a trickle, it's time to trade the guesswork for the data-backed truth from 54,000 real couples. This episode of the Wedding Pro CEO podcast is your blueprint to stop the booking slump, effectively educate clients on their budgets, and finally build the profitable, sustainable business you deserve.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-bookings-slowing-down-2026/WATCH ON YOUTUBE:https://youtu.be/8CMzjlNab-A =========================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.=========================FREE TRAINING for Wedding Business Owners Take the Wedding Pro CEO's free GAP assessmentSupport the show
David Richter is an active real estate investor who has been essential in closing over 850 deals over the last 10 years. David has helped real estate companies completely turn around from going out of business to building cash reserves by using the Profit First cash flow system. He has been featured on Biggerpockets, Real Estate Disruptors with Steve Trang, and many other podcasts, shows, and stages. David speaks with Sharon how to create systems for profit and buld the foundation to scale your real estate business. Learn more about engaging Simple CFO Solutions at simplecfo.com.
How to Legally Pay Less Tax as a Business Owner with Former IRS Agent Carlotta Thompson With Former IRS Agent Carlotta Thompson Most business owners believe high taxes are just the price of success. They're wrong. In this episode of Profit Answer Man, Rocky sits down with former IRS agent turned tax strategist Carlotta Thompson to reveal how the tax system really works, what actually triggers audits, and how profitable business owners legally keep more of what they earn. This is not about loopholes or risky moves. It's about understanding the rules well enough to play the game correctly. In This Episode, You'll Learn: What actually triggers IRS audits and why most business owners worry about the wrong things. The common tax and bookkeeping mistakes that quietly raise red flags with the IRS. Why home office and mileage deductions are usually not the real problem. How poor recordkeeping costs business owners money even when deductions are legitimate. Why constantly moving money between Profit First accounts is a warning sign, not a solution. When an S Corp makes sense and when it can actually cost you more in taxes. Why starting as an LLC gives you more flexibility as your business grows. How to shift from asking "Can I deduct this?" to "How can I deduct this legally?" The Big Takeaway: Paying less tax is not about gaming the system. It's about: Knowing what the IRS actually looks for Building clean, consistent financial systems Aligning profit, tax strategy, and long-term vision When you do that, audits become less scary, profit becomes more predictable, and your business stops leaking money quietly. Bio: Carlotta Thompson is a Founder + CEO When Carlotta was 14, she remembers becoming enthralled with a booklet on preparing taxes. She decided then that she wanted to work for the IRS, so at 14 years old, she began studying tax law with the dream of working for the Internal Revenue Service (IRS). Shortly after attaining her dream of working for the IRS, Carlotta realized that the IRS isn't actually in place to help small businesses like she'd thought and it felt like she was working for the wrong side. As an auditor, she saw tons of tax returns with sometimes hundreds of thousands of dollars of missed deductions that were detrimental for the client. Carlotta had a bigger dream and mission to directly help business owners pay the least tax legally possible, so what began as a ministry has evolved into Tax Strategists of America! She now has a Pathway to Zero™ program helping business owners pay the least taxes legally possible! Links: Website: https://taxstrategistsofamerica.com/ Facebook: https://www.facebook.com/carlotta.thompson.1 Instagram: https://www.instagram.com/carlottathompsonfinance?utm_source=ig_web_button_share_sheet&igsh=ZDNlZDc0MzIxNw%3D%3D TikTok: https://www.tiktok.com/@carlottathompsonfinance?is_from_webapp=1&sender_device=pc YouTube: https://www.youtube.com/@carlottathompsonfinance Conclusion: Paying less tax is not about shortcuts or loopholes. It's about clarity, structure, and intention. When you understand what the IRS actually looks for, keep clean records, and align your entity and profit strategy with your long-term goals, taxes stop feeling like a constant threat. This episode with Carlotta shows that real tax savings come from running a better business, not from taking bigger risks. #ProfitAnswerMan #ProfitFirst #BusinessProfit #TaxStrategy #CashFlow #SmallBusinessFinance #BusinessOwners #IRS #TaxPlanning #FinancialClarity #EntrepreneurLife #KeepMoreProfit #BusinessSystems #MoneyMindset Find Rocky Lalvani @ www.ProfitComesFirst.com or email him at rocky@profitcomesfirst.com Watch the full episode on YouTube: https://www.youtube.com/@profitanswerman Sign up to be notified when the next cohort of the Profit First Experience Course is available! Free Copy of the Profit Blueprint Book: : https://lp.profitcomesfirst.com/landing-page-page Monthly Newsletter signup: https://lp.profitcomesfirst.com/newsletter-signup Relay Bank (affiliate link): https://relayfi.com/?referralcode=profitcomesfirst Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.
On the Schmooze Podcast: Leadership | Strategic Networking | Relationship Building
What does it take to write a book that truly changes lives—yours included? Today's guest has made it her life's work to help authors do exactly that. As a publishing strategist and developmental editor, she's guided everyone from first-time writers to New York Times bestselling authors with millions of copies sold. Her approach goes far beyond the mechanics of writing—it's about crafting a must-read that builds connection, credibility, and community. She's been the writing partner behind ten books with author Mike Michalowicz, including “Profit First” and “Clockwork.” As the Head Writing Coach for Heroic Public Speaking, she has helped thought leaders, scientists, and speakers from Harvard, Yale, and TEDx Cambridge bring their big ideas to the stage with clarity and heart. The authors she coaches learn how to develop transformational manuscripts that make an impact and leave a legacy. Please join me in welcoming AJ Harper. In this episode, we discuss the following:
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